Premier Inc., a leading healthcare improvement company, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies for the 13th year in a row.
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The Ethisphere Institute selected Premier for continuing to be a “leader working to advance corporate cultures defined by integrity and contributing to broader societal imperatives and the greater good.”
“At Premier, we recognize the value of integrity of the individual, the enterprise and our alliance,” said Susan DeVore, CEO, Premier. “We’re honored to again be recognized as a leader in the healthcare industry for our ongoing commitment to integrity. Premier employees abide by the highest possible ethical standards in order to responsibly support our members in improving the health of their communities.”
Premier’s corporate compliance program encompasses a number of regulatory and legal requirements, including rigorous codes of conduct for its Board, employees and supply chain services. The program also includes conforming business rules for Premier’s operating units, multiple required employee education sessions, stringent privacy and security practices, as well as the Foreign Corrupt Practices Act and anti-trafficking policies and procedures.
“Becoming a World’s Most Ethical Company reflects the values, culture and leadership that drives your organization,” said Ethisphere’s CEO, Timothy Erblich. “Premier continues to cultivate trust while leading its employees and all their communities with a purposed-driven vision of the future. We congratulate everyone at Premier on this recognition.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe. Best practices and insights from the 2020 honorees will be released in a report and webcast in March and April of this year.
All companies that participate in the assessment process receive an Analytical Scorecard providing them a holistic assessment of where their programs stand against the demanding standards of leading companies.
The full list of the 2020 World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.