Premier Buys MEMdata

(RTTNews) - Premier, Inc. (PINC) said Monday that it has bought MEMdata, LLC, an equipment planning, sourcing and analytics business focused on capital equipment needs for existing medical facilities, as well as those under construction.

The addition of MEMdata's capabilities is expected to enhance Premier's ability to drive meaningful supply chain savings for its hospital and health system members in the high-cost areas of construction and capital equipment acquisitions.

MEMdata offers two main services to help care providers reduce capital equipment and construction costs.

Premier said it does not expect the acquisition to have a material impact on its fiscal 2014 financial results.