NORTH READING, Mass., Jan. 4, 2017 /PRNewswire/ -- TraceLink Inc., the World's Largest Track and Trace Network for connecting the life sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced a national group purchasing agreement with Premier Inc., a leading healthcare improvement company. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for TraceLink's proven Product Track solution, to achieve comprehensive compliance with regulatory requirements related to the U.S. Drug Supply Chain Security Act (DSCSA).
"Premier is one of the largest, forward-thinking healthcare service organizations and we are pleased to offer TraceLink's proven solution to their extensive member network of hospitals and healthcare providers," said Shabbir Dahod, president and CEO of TraceLink. "Hospitals and pharmacies, which comprise over 60% of our customer base, consistently choose TraceLink over other providers for our ability to provide an easy, one-time connection with all of their suppliers and help them achieve DSCSA compliance cost effectively and with minimal disruption to their pharmacy operations."
In response to DSCSA requirements for hospitals and health networks, TraceLink's growing network of group purchasing alliances has quickly expanded and now covers over 90 percent of the entire U.S. hospital market – more than any other DSCSA compliance solution provider. By choosing the TraceLink Product Track solution, Premier members can join the TraceLink network of more than 246,000 global healthcare entities working together to secure the pharmaceutical supply chain, and a growing community of hospitals and pharmacy leaders that use TraceLink at over 4,000 dispensing locations throughout the United States.
Premier is a leading healthcare improvement company, uniting an alliance of approximately 3,750 U.S. hospitals and 130,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.
To learn more about how TraceLink can protect pharmacy operations, easily help them meet DSCSA requirements and enable a direct connection with over 1,000 suppliers, ranging from the "Big Three" pharmaceutical distributors and the largest pharmaceutical manufacturers to small local distributors, visit http://www.tracelink.com/dispensers/premier.
TraceLink is the World's Largest Track and Trace Network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses, including the top global pharmaceutical companies, trust the TraceLink Life Sciences Cloud to deliver complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations. A winner of numerous industry awards including Deloitte's Technology Fast 500 (ranked number 149 in 2016), the Amazon AWS Global Start-Up Challenge Grand Prize, and the Edison Award for Innovation in Health Management, the Life Sciences Cloud is used by businesses across the globe to meet strategic goals in ensuring global compliance, fighting drug counterfeiting, improving on-time and in-full delivery, protecting product quality and reducing operational cost. For more information on TraceLink and our solutions, visit www.tracelink.com or follow us on LinkedIn, Twitter and Facebook.
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SOURCE TraceLink Inc.