MICHAEL J. ALKIRE

President and CEO, Premier

MIKE
ALKIRE

President and CEO, Premier

Michael J. Alkire is the President and CEO at Premier, the largest global supply chain, healthcare technology company in the U.S, that helps hospitals and health systems provide higher quality patient care at a better cost. In addition to leading the integration of the company’s clinical, financial, supply chain and operational performance offerings, Alkire also oversees the quality, safety, labor and supply chain technology solutions.

 

An influential figure in America’s efforts to address drug shortages and infuse data-enabled technology solutions into the U.S. healthcare system, Alkire has been consulted by the U.S. Department of Health and Human Services, FEMA, congressional lawmakers, Wall Street investors and private sector industry leaders on how to stabilize the medical and pharmaceutical supply chain during the COVID-19 pandemic. In addition to offering his expertise in the media, he shares perspectives via his podcast, InsideOut, through discussions with insiders in healthcare.

 

With an eye on equipping the nation’s hospitals and health systems with the clinical, financial, supply chain and operational performance improvement offerings they need to provide quality care at efficient costs, Alkire oversees Premier’s quality, safety, labor and supply chain technology apps and data-driven collaboratives including Premier’s comparative database, one of the nation’s largest outcomes databases.

 

Alkire also led Premier’s efforts to address public health and safety issues from the nationwide drug shortage problem, testifying before the U.S. House of Representatives regarding Premier research on shortages and gray market price gouging. This work contributed to the president and Congress taking action to investigate and correct the problem, resulting in two pieces of bipartisan legislation.

 

Alkire is a past board member of GHX and the Healthcare Supply Chain Association. He recently was named one of the Top 25 COOs in Healthcare for 2018 by Modern Healthcare. In 2015, Alkire won the Gold Stevie Award for Executive of the Year and in 2014 he was recognized as a Gold Award Winner for COO of the Year by the Golden Bridge Awards. He has more than 20 years of experience in running business operations and business development organizations at Deloitte & Touche and Cap Gemini Ernst & Young. Before joining Premier, he served in a number of leadership roles at Cap Gemini, including North American responsibilities for supply chain and high-tech manufacturing.

 

Alkire graduated magna cum laude with a Bachelor of Science from Indiana State University and a MBA from Indiana University.

 

Launched in 2020, the InsideOut Podcast focuses on the ins and outs of healthcare and the smart solutions needed to help drive innovation and solve complex problems. With its diverse array of distinguished guests, the InsideOut Podcast amplifies the voices of a cross-section of the entire healthcare industry. Our guests include executives, providers, academics, researchers, entrepreneurs, analysts and other professionals whose work is both directly and indirectly related to healthcare industry.

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“Premier has been a strategic partner in our effort to deliver high-value care while achieving our long-term financial goals. We have built a healthcare system that puts the patient front-and-center with regard to every decision we make and every strategic initiative we deploy.”

- Thomas F. Zenty III, CEO of University Hospitals

Leaders who act now can be winners.

The key is to have a comprehensive margin improvement strategy that is focused on reducing variation and costs, while also uncovering new revenue lines to offset diminishing reimbursement. Premier’s five keys to maximizing value are essential to achieve systemic and strategic transformations; alleviate margin pressures; improve efficiency and productivity; and maintain high-quality care.

“Premier has been a strategic partner in our effort to deliver high-value care while achieving our long-term financial goals. We have built a healthcare system that puts the patient front-and-center with regard to every decision we make and every strategic initiative we deploy.”

- Thomas F. Zenty III, CEO of University Hospitals

Leaders who act now can be winners.

The key is to have a comprehensive margin improvement strategy that is focused on reducing variation and costs, while also uncovering new revenue lines to offset diminishing reimbursement. Premier’s five keys to maximizing value are essential to achieve systemic and strategic transformations; alleviate margin pressures; improve efficiency and productivity; and maintain high-quality care.