Premier and 34 member health systems partnered with DeRoyal Industries, a global medical manufacturer, to create a new joint venture dedicated to the domestic production of isolation gowns. A new entrant in the market, the joint venture will produce isolation gowns in an existing facility just outside Knoxville, Tennessee. Raw materials will primarily be sourced from U.S.-based manufacturers, with backup capacity from Mexico and South America. To support the venture long-term, health system co-investors also signed multi-year commitments to purchase a portion of the isolation gowns used each year from the joint venture. |