Premier acquires IllumiCare for enhanced clinical decision support capabilities

From Yahoo Finance: 2025-07-01 05:46:00

Premier has acquired IllumiCare, enhancing clinical decision support capabilities with an EMR-agnostic platform. IllumiCare provides real-time data on treatment expenses and identifies unnecessary costs to improve clinical decisions, offering targeted nudges to clinicians. The acquisition aims to create financial efficiencies and improve patient care in various clinical settings.

The financial details of the acquisition have not been disclosed. Premier plans to market IllumiCare’s solution under its Stanson Health brand starting this summer. IllumiCare CEO G.T. LaBorde highlights the focus on patient care while technology aids in making cost-effective clinical decisions, offering a return on investment of up to ten to one.

Premier Performance Services president David Zito believes IllumiCare’s real-time cost attribution capabilities will differentiate Premier in the competitive CDS market. The acquisition aims to enhance Premier’s existing CDS technology, enabling health systems to reduce care gaps, enhance coding accuracy, optimize clinical trial recruitment, and succeed in value-based payment models.

Read more: Premier acquires healthcare technology firm IllumiCare