WHITEHOUSE STATION (dpa-AFX) - Merck (MRK), known as MSD outside the United States and Canada, and Premier Inc. (PINC) said Thursday that they have agreed to collaborate for reducing fracture rates for at-risk osteoporosis patients. The financial terms of the agreements were not disclosed.
The collaboration agreement combines expertise and assets from Merck, Premier's performance improvement framework and analytics, Premier's alliance of health systems, and other healthcare leaders to jointly develop and test effective solutions to help improve patient care and wellness, and lower healthcare spending. As part of the project, the organizations will work to identify a core set of metrics for osteoporosis care and fracture prevention.
Michael Alkire, COO of Premier said, 'Together, Premier and Merck will work alongside providers to develop and assess solutions that promote wellness and better care for specific groups of at-risk patients across the continuum, a central goal for all healthcare stakeholders.'
Copyright RTT News/dpa-AFX