Premier announced it acquired MEMdata, 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.

“Capital equipment is a large-spend category that presents challenges for our members since products are purchased infrequently and technology changes rapidly,” said Premier president and CEO Susan DeVore. “Capital equipment planning is an important step in construction and renovation projects, and can be critical in reducing costly re-work or change orders. With MEMdata, we now have the ability to provide both planning and transactional support related to capital equipment procurement to help our members further drive savings.”

MEMdata offers two main services to help care providers reduce capital equipment and construction costs: leveraging electronic requests for proposal processes and proprietary databases containing a wide range of equipment specifications, quotations, price benchmarking reports and additional data.

The acquisition is not expected to have a material impact on Premier’s fiscal 2014 financial results.