image
Healthcare - Medical - Healthcare Information Services - NASDAQ - US
$ 22.48
-1.19 %
$ 2.16 B
Market Cap
16.17
P/E
1. INTRINSIC VALUE

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; STOCKD, an e-commerce platform; PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs.[ Read More ]

The intrinsic value of one PINC stock under the base case scenario is HIDDEN Compared to the current market price of 22.5 USD, Premier, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PINC

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FINANCIALS
1.35 B REVENUE
0.77%
157 M OPERATING INCOME
-35.11%
107 M NET INCOME
-38.98%
297 M OPERATING CASH FLOW
-33.29%
-68.5 M INVESTING CASH FLOW
74.98%
-193 M FINANCING CASH FLOW
-15.22%
248 M REVENUE
-29.16%
35.3 M OPERATING INCOME
-65.60%
72.4 M NET INCOME
19.30%
80 M OPERATING CASH FLOW
-24.69%
-17.7 M INVESTING CASH FLOW
-30.63%
-88.1 M FINANCING CASH FLOW
-199.70%
Balance Sheet Decomposition Premier, Inc.
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Current Assets 741 M
Cash & Short-Term Investments 125 M
Receivables 463 M
Other Current Assets 154 M
Non-Current Assets 2.69 B
Long-Term Investments 233 M
PP&E 226 M
Other Non-Current Assets 2.23 B
Current Liabilities 747 M
Accounts Payable 60.4 M
Short-Term Debt 127 M
Other Current Liabilities 559 M
Non-Current Liabilities 720 M
Long-Term Debt 11.2 M
Other Non-Current Liabilities 709 M
EFFICIENCY
Earnings Waterfall Premier, Inc.
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Revenue 1.35 B
Cost Of Revenue 506 M
Gross Profit 841 M
Operating Expenses 684 M
Operating Income 157 M
Other Expenses 50.4 M
Net Income 107 M
RATIOS
62.45% GROSS MARGIN
62.45%
11.67% OPERATING MARGIN
11.67%
8.88% NET MARGIN
8.88%
6.09% ROE
6.09%
3.49% ROA
3.49%
5.39% ROIC
5.39%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Premier, Inc.
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Net Income 107 M
Depreciation & Amortization 129 M
Capital Expenditures -81.2 M
Stock-Based Compensation 23.3 M
Change in Working Capital 24.3 M
Others 205 M
Free Cash Flow 215 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Premier, Inc.
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Wall Street analysts predict an average 1-year price target for PINC of $33.2 , with forecasts ranging from a low of $20 to a high of $46 .
PINC Lowest Price Target Wall Street Target
20 USD -11.03%
PINC Average Price Target Wall Street Target
33.2 USD 47.54%
PINC Highest Price Target Wall Street Target
46 USD 104.63%
4. DIVIDEND ANALYSIS
1.06% DIVIDEND YIELD
0.21 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Premier, Inc.
image
Sold
0-3 MONTHS
2.98 M USD 6
3-6 MONTHS
3.17 M USD 5
6-9 MONTHS
132 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
4 days ago
Nov 13, 2024
Sell 403 K USD
Alkire Michael J.
President & CEO
- 17415
23.16 USD
4 weeks ago
Oct 18, 2024
Sell 42.2 K USD
Alkire Michael J.
President & CEO
- 2100
20.09 USD
1 month ago
Oct 17, 2024
Sell 358 K USD
Alkire Michael J.
President & CEO
- 17900
20 USD
1 month ago
Oct 01, 2024
Sell 392 K USD
Anderson Leigh
Chief Operating Officer
- 20000
19.62 USD
1 month ago
Sep 30, 2024
Sell 25.3 K USD
Alkire Michael J.
President & CEO
- 1264
20.01 USD
1 month ago
Sep 27, 2024
Sell 376 K USD
Alkire Michael J.
President & CEO
- 18736
20.05 USD
1 month ago
Sep 18, 2024
Sell 204 K USD
McKasson Craig S.
CAO & CFO
- 10000
20.41 USD
2 months ago
Sep 06, 2024
Sell 90 K USD
Brailo Andy
Chief Commercial Officer
- 4390
20.51 USD
2 months ago
Sep 09, 2024
Sell 347 K USD
Brailo Andy
Chief Commercial Officer
- 17000
20.41 USD
2 months ago
Sep 04, 2024
Sell 403 K USD
Alkire Michael J.
President & CEO
- 19362
20.83 USD
2 months ago
Sep 03, 2024
Sell 279 K USD
DAVIDS JODY R
Director
- 13600
20.48 USD
2 months ago
Sep 03, 2024
Sell 37.9 K USD
Klatsky David L
General Counsel
- 1870
20.28 USD
2 months ago
Aug 26, 2024
Sell 26.3 K USD
Klatsky David L
General Counsel
- 1319
19.96 USD
3 months ago
Aug 14, 2024
Sell 200 K USD
McKasson Craig S.
CAO & CFO
- 10000
20 USD
3 months ago
Jul 31, 2024
Sell 396 K USD
Alkire Michael J.
President & CEO
- 18771
21.12 USD
3 months ago
Jul 24, 2024
Sell 350 K USD
Alkire Michael J.
President & CEO
- 17375
20.13 USD
4 months ago
Jul 18, 2024
Sell 52.5 K USD
Alkire Michael J.
President & CEO
- 2625
20 USD
4 months ago
Jul 18, 2024
Sell 600 K USD
McKasson Craig S.
CAO & CFO
- 30000
20 USD
4 months ago
Jul 01, 2024
Sell 373 K USD
Anderson Leigh
Chief Operating Officer
- 20000
18.63 USD
5 months ago
Jun 10, 2024
Sell 247 K USD
Klatsky David L
General Counsel
- 13339
18.55 USD
5 months ago
May 28, 2024
Sell 253 K USD
Brailo Andy
Chief Commercial Officer
- 13318
19 USD
5 months ago
May 23, 2024
Sell 144 K USD
Brailo Andy
Chief Commercial Officer
- 7458
19.33 USD
5 months ago
May 21, 2024
Sell 388 K USD
Anderson Leigh
Chief Operating Officer
- 20000
19.41 USD
5 months ago
May 20, 2024
Sell 164 K USD
Brailo Andy
Chief Commercial Officer
- 8331
19.64 USD
6 months ago
May 15, 2024
Sell 132 K USD
Boudreau Helen M
Director
- 6629
19.85 USD
1 year ago
Nov 09, 2023
Sell 0 USD
Klatsky David L
General Counsel
- 3773
0 USD
2 years ago
Jan 03, 2022
Sell 943 K USD
Anderson Leigh
President - Perf. Services
- 22914
41.15 USD
3 years ago
Oct 07, 2021
Sell 593 K USD
Klatsky David L
General Counsel
- 15319
38.72 USD
3 years ago
Aug 26, 2021
Sell 106 K USD
Hargraves David Alfred
SVP, Supply Chain
- 2860
37.09 USD
3 years ago
Aug 18, 2021
Sell 2.39 M USD
McKasson Craig S.
CAO & CFO
- 63019
37.85 USD
3 years ago
Aug 18, 2021
Sell 1.57 M USD
McKasson Craig S.
CAO & CFO
- 40995
38.4 USD
3 years ago
May 05, 2021
Sell 175 K USD
McKasson Craig S.
CAO & CFO
- 5000
34.92 USD
3 years ago
Feb 17, 2021
Sell 480 K USD
DAVIDS JODY R
Director
- 14000
34.28 USD
3 years ago
Feb 04, 2021
Sell 133 K USD
McKasson Craig S.
CAO & CFO
- 3800
34.99 USD
3 years ago
Feb 04, 2021
Sell 42.6 K USD
McKasson Craig S.
CAO & CFO
- 1200
35.49 USD
3 years ago
Jan 04, 2021
Sell 237 K USD
Anderson Leigh
President - Perf. Services
- 6784
34.89 USD
4 years ago
Nov 10, 2020
Sell 35.1 K USD
D'ARCY STEPHEN R.
Director
- 1000
35.083 USD
4 years ago
Nov 05, 2020
Sell 174 K USD
McKasson Craig S.
CAO & CFO
- 5000
34.88 USD
4 years ago
Sep 28, 2020
Sell 54.4 K USD
Hargraves David Alfred
SVP, Supply Chain
- 1680
32.36 USD
4 years ago
Aug 27, 2020
Sell 127 K USD
MAYER WILLIAM E
Director
- 4000
31.795 USD
4 years ago
Jan 02, 2020
Sell 351 K USD
Anderson Leigh
President - Perf. Services
- 9484
37.05 USD
4 years ago
Jan 02, 2020
Sell 29.3 K USD
Anderson Leigh
President - Perf. Services
- 773
37.96 USD
4 years ago
Dec 02, 2019
Sell 2.79 M USD
McKasson Craig S.
CAO & CFO
- 74318
37.54 USD
4 years ago
Dec 02, 2019
Sell 383 K USD
McKasson Craig S.
CAO & CFO
- 10048
38.1 USD
4 years ago
Nov 25, 2019
Sell 7.4 K USD
McKasson Craig S.
CAO & CFO
- 200
37 USD
4 years ago
Nov 21, 2019
Sell 73.5 K USD
McKasson Craig S.
CAO & CFO
- 1985
37.02 USD
5 years ago
Nov 19, 2019
Sell 302 K USD
McKasson Craig S.
CAO & CFO
- 8149
37.01 USD
5 years ago
Sep 20, 2019
Sell 84.6 K USD
McKasson Craig S.
CAO & CFO
- 2287
37 USD
5 years ago
Sep 04, 2019
Sell 70.6 K USD
Hargraves David Alfred
SVP, Supply Chain
- 2015
35.05 USD
5 years ago
Aug 26, 2019
Sell 112 K USD
McKasson Craig S.
CAO & CFO
- 3013
37.02 USD
5 years ago
Aug 22, 2019
Sell 150 K USD
MAYER WILLIAM E
Director
- 4000
37.45 USD
5 years ago
Jun 14, 2019
Sell 39 K USD
Hargraves David Alfred
SVP, Supply Chain
- 1037
37.61 USD
5 years ago
May 15, 2019
Sell 1.88 M USD
McKasson Craig S.
CAO & CFO
- 50000
37.54 USD
5 years ago
Feb 15, 2019
Sell 1.88 M USD
McKasson Craig S.
Senior Vice President & CFO
- 50000
37.55 USD
5 years ago
Feb 08, 2019
Sell 138 K USD
D'ARCY STEPHEN R.
Director
- 3733
36.9 USD
5 years ago
Jan 16, 2019
Sell 417 K USD
Hargraves David Alfred
SVP, Supply Chain
- 10436
39.95 USD
5 years ago
Jan 16, 2019
Sell 455 K USD
Anderson Leigh
President - Perf. Services
- 11381
40 USD
5 years ago
Jan 04, 2019
Sell 749 K USD
Anderson Leigh
President - Perf. Services
- 19978
37.5 USD
5 years ago
Jan 02, 2019
Sell 107 K USD
Anderson Leigh
President - Perf. Services
- 2892
36.85 USD
5 years ago
Dec 31, 2018
Sell 440 K USD
Klatsky David L
General Counsel
- 11948
36.81 USD
5 years ago
Dec 31, 2018
Sell 3.72 K USD
Klatsky David L
General Counsel
- 100
37.19 USD
5 years ago
Dec 10, 2018
Sell 684 K USD
Price Kelli L.
Sr. VP of People
- 18000
38.02 USD
5 years ago
Dec 03, 2018
Sell 10.5 K USD
Anderson Leigh
President - Perf. Services
- 265
39.75 USD
6 years ago
Nov 15, 2018
Sell 246 K USD
McKasson Craig S.
Senior Vice President & CFO
- 6250
39.44 USD
6 years ago
Oct 02, 2018
Sell 101 K USD
Hargraves David Alfred
SVP, Supply Chain
- 2210
45.58 USD
6 years ago
Sep 17, 2018
Sell 83.2 K USD
Anderson Leigh
President - Perf. Services
- 1923
43.26 USD
6 years ago
Sep 04, 2018
Sell 101 K USD
Anderson Leigh
President - Perf. Services
- 2273
44.48 USD
6 years ago
Aug 24, 2018
Sell 269 K USD
McKasson Craig S.
Senior Vice President & CFO
- 6250
43.09 USD
6 years ago
Aug 23, 2018
Sell 130 K USD
MAYER WILLIAM E
Director
- 3000
43.35 USD
6 years ago
Jun 11, 2018
Sell 140 K USD
Price Kelli L.
Sr. VP of People
- 4000
35 USD
6 years ago
May 15, 2018
Sell 199 K USD
McKasson Craig S.
Senior Vice President & CFO
- 6250
31.87 USD
6 years ago
Mar 23, 2018
Sell 37.5 K USD
Anderson Leigh
SVP, Chief Information Officer
- 1177
31.85 USD
6 years ago
Mar 14, 2018
Sell 137 K USD
Price Kelli L.
Sr. VP of People
- 4000
34.33 USD
6 years ago
Mar 12, 2018
Sell 216 K USD
McKasson Craig S.
Senior Vice President & CFO
- 6250
34.49 USD
6 years ago
Feb 26, 2018
Sell 1.3 M USD
DeVore Susan D.
President & CEO
- 40000
32.47 USD
6 years ago
Feb 08, 2018
Sell 126 K USD
D'ARCY STEPHEN R.
Director
- 3967
31.72 USD
7 years ago
Nov 09, 2017
Sell 696 K USD
Alkire Michael J.
Chief Operating Officer
- 23300
29.87 USD
7 years ago
Nov 09, 2017
Sell 51.5 K USD
Alkire Michael J.
Chief Operating Officer
- 1700
30.27 USD
7 years ago
Aug 29, 2017
Sell 1.31 M USD
DeVore Susan D.
President & CEO
- 40000
32.74 USD
7 years ago
Aug 30, 2017
Sell 74.1 K USD
Anderson Leigh
SVP, Chief Information Officer
- 2264
32.73 USD
7 years ago
Aug 24, 2017
Sell 832 K USD
Alkire Michael J.
Chief Operating Officer
- 25000
33.26 USD
7 years ago
Aug 15, 2017
Sell 361 K USD
McKasson Craig S.
Senior Vice President & CFO
- 10750
33.55 USD
7 years ago
Jun 19, 2017
Sell 38.8 K USD
Anderson Leigh
SVP, Chief Information Officer
- 1099
35.29 USD
7 years ago
Jun 13, 2017
Sell 1.41 M USD
DeVore Susan D.
President & CEO
- 40000
35.24 USD
7 years ago
Jun 12, 2017
Sell 2.91 M USD
Gilbert Durral R.
President of Supply Chain Svcs
- 82861
35.11 USD
7 years ago
Jun 12, 2017
Sell 1.76 M USD
Alkire Michael J.
Chief Operating Officer
- 50000
35.17 USD
7 years ago
May 15, 2017
Sell 375 K USD
McKasson Craig S.
Senior Vice President & CFO
- 10750
34.84 USD
7 years ago
Mar 15, 2017
Sell 308 K USD
Price Kelli L.
Sr. VP of People
- 10000
30.8 USD
7 years ago
Mar 13, 2017
Sell 329 K USD
McKasson Craig S.
Senior Vice President & CFO
- 10750
30.56 USD
7 years ago
Feb 27, 2017
Sell 208 K USD
D'ARCY STEPHEN R.
Director
- 6542
31.78 USD
8 years ago
Sep 15, 2016
Sell 224 K USD
Champion R. Wesley
Sr. VP Premier Perf. Partners
- 7108
31.47 USD
8 years ago
Aug 25, 2016
Bought 124 K USD
D'ARCY STEPHEN R.
Director
+ 4000
30.91 USD
8 years ago
Jul 12, 2016
Sell 680 K USD
Gilbert Durral R.
President of Supply Chain Svcs
- 20000
34 USD
8 years ago
Jul 01, 2016
Sell 832 K USD
Champion R. Wesley
Sr. VP Premier Perf. Partners
- 25049
33.23 USD
8 years ago
May 09, 2016
Sell 976 K USD
Figlioli Keith J.
Sr. VP Healthcare Informatics
- 28715
34 USD
8 years ago
Mar 30, 2016
Sell 1.63 M USD
Champion R. Wesley
Sr. VP Premier Perf. Partners
- 49568
32.98 USD
8 years ago
Mar 14, 2016
Sell 70.2 K USD
Figlioli Keith J.
Sr. VP Healthcare Informatics
- 2105
33.34 USD
8 years ago
Mar 11, 2016
Sell 883 K USD
Figlioli Keith J.
Sr. VP Healthcare Informatics
- 26761
33 USD
8 years ago
Feb 11, 2016
Bought 47.5 K USD
D'ARCY STEPHEN R.
Director
+ 1500
31.66 USD
9 years ago
Nov 17, 2015
Bought 34.3 K USD
D'ARCY STEPHEN R.
Director
+ 1000
34.34 USD
9 years ago
Nov 17, 2015
Bought 34.3 K USD
D'ARCY STEPHEN R.
Director
+ 1000
34.3 USD
9 years ago
Jul 01, 2015
Sell 16.5 K USD
Figlioli Keith J.
Sr. VP Healthcare Informatics
- 422
39 USD
7. News
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund PITTSBURGH , Nov. 15, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Oct. 31, 2024, is now available in the Products section of FederatedHermes.com/us . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222. prnewswire.com - 1 day ago
La Rosa Holdings Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023 Celebration, FL, Nov. 13, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the acquisition of the remaining 49% interest in its franchisee, La Rosa Realty Premier, LLC (“Realty Premier”), located in Orlando, Florida. This acquisition follows the Company's initial purchase of 51% interest in December 2023, bringing La Rosa's total ownership of Realty Premier to 100%. globenewswire.com - 3 days ago
Best Income Stocks to Buy for November 13th MNR and PINC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 13, 2024. zacks.com - 3 days ago
TC Energy: Liquids Spin-Off Creates A Premier Gas Midstream Following the spin off of its liquids pipelines business as South Bow, TC Energy has become a pure-play gas midstream, operating across Canada, the US and Mexico. The divestment has also been margin accretive with an estimated uplift of 4pp/3pp to group level 9M 24 EBITDA/EBIT margins, boosting TC's already strong profitability further. We believe TC Energy is well positioned to capitalize on structural trends in natural gas demand including LNG and AI and initiate shares at Overweight and a $46/sh price target. seekingalpha.com - 4 days ago
Federated Hermes Premier Municipal Income Fund declares dividend PITTSBURGH , Nov. 11, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. prnewswire.com - 5 days ago
Premier African Minerals eyes improvement and restart at Zulu Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) confirmed the data of its rescheduled its AGM, and, gave investors a brief update on the Zulu project, in Zimbabwe. The company, in a statement after Wednesday's market close, said the AGM would now take place on 11 November. proactiveinvestors.co.uk - 1 week ago
TeleVox Awarded AI Chatbot Agreement with Premier, Inc. OMAHA, Neb., Nov. 06, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, has been awarded a national group purchasing agreement for AI chatbots with Premier, Inc. the agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for TeleVox's SMART Web, SMART Voice, and SMART SMS powered by Iris, the conversational AI virtual agent for healthcare. globenewswire.com - 1 week ago
Premier, Inc. (PINC) Q1 2025 Earnings Call Transcript Premier, Inc. (NASDAQ:PINC ) Q1 2025 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Ben Krasinski - Senior Director, Investor Relations Michael Alkire - President and Chief Executive Officer Craig McKasson - Chief Financial Officer and Chief Administrative Officer Conference Call Participants Eric Percher - Nephron Research Michael Cherney - Leerink Partners Jessica Tassan - Piper Sandler Kevin Caliendo - UBS John Penney - Canaccord Genuity Stephanie Davis - Barclays Operator Good morning, and welcome to Premier's Fiscal 2025 First Quarter Conference Call. Excuse me - Premier's Fiscal 2025 First Quarter Conference Call. seekingalpha.com - 1 week ago
Here's What Key Metrics Tell Us About Premier (PINC) Q1 Earnings While the top- and bottom-line numbers for Premier (PINC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 week ago
Premier, Inc. (PINC) Tops Q1 Earnings and Revenue Estimates Premier, Inc. (PINC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.54 per share a year ago. zacks.com - 1 week ago
The future of higher education: York University, Premier Doug Ford and honoured guests gather to celebrate Markham Campus grand opening Toronto, Ontario, Canada, Nov. 04, 2024 (GLOBE NEWSWIRE) -- With a well-earned reputation as a global technology and innovation hub, the City of Markham was the clear winner when it came to choosing a location for the first new university campus in York Region. globenewswire.com - 1 week ago
Pacific Premier Bancorp, Inc. Director Rose McKinney-James Honored With the 2024 Clean Energy Education & Empowerment Lifetime Achievement Award by the U.S. Department of Energy IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Director Rose McKinney-James Honored With the 2024 Clean Energy Education & Empowerment Lifetime Achievement Award. businesswire.com - 2 weeks ago
8. Profile Summary

Premier, Inc. PINC

image
COUNTRY US
INDUSTRY Medical - Healthcare Information Services
MARKET CAP $ 2.16 B
Dividend Yield 1.06%
Description Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; STOCKD, an e-commerce platform; PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.
Contact 13034 Ballantyne Corporate Place, Charlotte, NC, 28277 https://www.premierinc.com
IPO Date Sept. 26, 2013
Employees 2900
Officers Mr. Andrew F. Brailo Chief Commercial Officer Mr. Michael J. Alkire President, Chief Executive Officer & Director