The collaborative began in June 2012 and aims to help providers develop, implement and succeed in using bundled payment arrangements in both public and private markets. Bundled payment care models are projected to save $2.4 billion nationwide over the next 5 years, according to a press release.
The Diana system was designed to keep clinicians safe from hazardous drugs during preparation, in addition to limiting drug exposure to outside contaminants. The next-generation device features a barcode-scanning system that traces medication name, volume and other features to cut down on medication errors. The device will be available to healthcare providers in business with Premier in 2014, according to the release.
In addition, Interrad Medical won a contract from group purchasing organization HealthTrust for its SecurAcath catheter securement device. The device will now be available to HealthTrust’s 1,400 healthcare providers.
The SecurAcath is sutureless, eliminating needle-stick injuries. It further offers a low catheter dislodgement rate to help cut down on catheter replacement costs, according to the press release.