Executives of Premier Inc. say their recent acquisition of clinical decision support software company IllumiCare has the potential to grow at a double-digit pace as it gets integrated with the Charlotte-based company’s Stanson Health division. Premier in June announced the purchase of Birmingham-based IllumiCare as “a game changer” that will help Premier customers both lower the cost of the care they provide and close care gaps. Speaking on Premier’s Aug. 19 quarterly earnings conference call with analysts, President and CEO Mike Alkire and Chief Administrative and Financial Officer Glenn Coleman added some numerical detail to their acquisition and spoke highly of its potential—including by giving customers an “almost immediate” tenfold return on their investment.
Read the full article: Premier Leaders Praise Growth Potential of IllumiCare Acquisition //
Source: https://www.hcinnovationgroup.com/clinical-it/news/55312680/premier-leaders-praise-growth-potential-of-illumicare-acquisition