Premier

Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q2 2025

Premier reports strong Q1 performance, addresses challenges and explores opportunities

Premier's Q1 2023 earnings call highlighted strong performance in the Performance Services and Supply Chain Services segments, demonstrating the company's commitment to leveraging technology and expanding its customer base. While facing challenges related to destocking trends and softening demand in certain areas, Premier has opportunities to explore new business models and address implications of GPO contracts. Overall, the company's progress in advancing its longer-term strategy and navigating market dynamics positions it for continued growth.

Premier meets Q2 expectations, focuses on growth and cost savings

Premier's Q2 performance was solid, with a focus on cost savings and revenue growth. Despite facing challenges from macroeconomic headwinds, the company remains proactive in managing expenses and adapting to market conditions. Opportunities for growth and efficiency improvements are being pursued to drive long-term success.

Premier reports mixed Q3 results, eyes growth amid industry challenges

Premier's Q3 performance showcased revenue growth in Performance Services but challenges in Supply Chain Services.
Management focused on strategic initiatives, including a new manufacturing facility and technology enablement.
Opportunities in industry trends and cost control through outsourced labor and fee share pressure discussions.
Adjusted EBITDA increase amidst lower revenue highlights operational efficiency and financial management strengths.

Premier (PINC) posts robust Q4 earnings, eyes growth opportunities

Premier (PINC) delivered strong financial results, focusing on technology-enabled healthcare solutions and strategic evaluations for growth.
While facing uncertainties in the healthcare landscape, the company remains committed to innovation and addressing market challenges proactively.
Opportunities lie in adjacent markets businesses, GPO fee share increases, and leveraging technology for supply chain solutions to drive revenue growth.

Premier (PINC) reports revenue growth and strategic divestment for growth

Premier (PINC) delivered a solid performance in Q1 2024, with revenue growth, strong employee recognition, and improved cash flow, positioning the company well for future success.
While facing challenges in certain segments and financial management, Premier's strategic focus on core healthcare operations, customer support, and innovation presents opportunities for growth and value creation.
With a clear outlook for fiscal 2024 and a proactive approach to leadership and technology, Premier is poised to capitalize on opportunities and address challenges effectively in the evolving healthcare landscape.

Premier reports mixed Q2 results, eyes strategic partnerships for growth

Premier's Q2 2024 performance saw a decline in revenue but met profitability expectations through active management. The company is recognized for diversity and well-equipped to address labor challenges with advanced technologies.
Challenges include aligning Performance Services revenue, transitioning ownership for Contigo, and managing growth rate expectations. Opportunities lie in strategic partnerships, technology utilization, and workforce diversity for enhanced value creation.
Premier's focus on organic growth, acquisitions, and innovative technologies positions it well for future growth and market differentiation. Decisions on partnerships and revenue streams will be critical for sustained success and competitive positioning.

Premier (PINC) reports robust Q3 results, eyes growth opportunities

Premier's Q3 call highlighted strong financial performance, ongoing renewal of business agreements, and a focus on supply chain and AI-driven improvements. Analyst inquiries touched on fee structures, client interest in AI capabilities, and growth drivers for Performance Services.

Premier exceeds expectations, announces leadership change, and guides fiscal 2025

Premier delivered strong financial results, secured key partnerships, and introduced innovative solutions, positioning the company for continued success.
While facing challenges in expenses and cash flow, Premier's strategic focus on growth and efficiency presents opportunities for future expansion.
Investors can expect sustained performance and profitability as Premier navigates cost management, pursues growth opportunities, and enhances shareholder value.
Anticipated fiscal 2025 guidance underscores Premier's commitment to growth, innovation, and financial prudence, setting a positive outlook for the company.

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Premier, Inc. engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization programs in the United States, supply chain co-management, and direct sourcing activities. The Performance Services segment consists of informatics, collaborative, consulting services, direct-to-employer initiative, and insurance management services businesses. The company was founded on May 14, 2013 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), through its ProvideGx® program, has partnered with Baxter Healthcare to supply pre-filled, single-use IV bags of dexmedetomidine hydrochloride to healthcare providers, helping to stabilize the long-term supply of a medication needed to care for some of the most acute cases of COVID-19. Dexmedetomidine is a sedative that can be used with initially intubated and mechanically ventilated patients in the intensive care setting as well as

ProvideGx® and Baxter Healthcare Secure the Supply of Critical Shortage Drug for COVID-19 Patients Requiring Ventilation

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC) today announced a new, two-year, $8 million national partnership with the U.S. Department of Health and Human Services (HHS) Office of Women’s Health to leverage Premier’s data and proven performance improvement methodology to scale advancements in care for mothers and infants across the nation. Maternal health is a national priority. While rates of maternal mortality and morbidity have increased in the U.S. in recent years, evidence

Premier Inc. Contracts with HHS on Data-Driven Initiative to Improve U.S. Maternal Health

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2021 first quarter on Monday, November 2, 2020, at approximately 4:15 p.m. ET. The company will also host a conference call at 5:00 p.m. ET to discuss its financial results. The conference call will be webcast live from the company's website and available at the following link: PINC Webcast Link. The webcast should be accessed 10 minutes prior to the conference ca

Premier, Inc. to Report Fiscal 2021 First-Quarter Results and Host Conference Call on November 2, 2020

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc.

Premier Inc. to Present at Upcoming Investor Conferences

Premier Inc. Earns First Place in AHRQ Predictive Analytics Challenge

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WASHINGTON, D.C.--(BUSINESS WIRE)--Kit Check extends partnership with Premier Inc.

Kit Check Extends Partnership with Premier Inc. in Multi-Year Contract to Further Advance Pharmacy Visibility with Diversion Detection Software and Medication Management

Premier, Inc. (PINC) CEO Susan DeVore on Q4 2020 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc.

Premier, Inc. Reports Fiscal 2020 Fourth-Quarter and Full-Year Results

Premier (NASDAQ: PINC) announces its next round of earnings this Tuesday, August 25.

Premier Earnings Preview

Premier Inc. Working with AstraZeneca to Reduce Hospitalizations of Patients with Hyperkalemia

Premier, Inc. Initiates Quarterly Cash Dividend and Declares Initial Dividend

Premier, Inc. Eliminates Dual-Class Structure to Simplify Ownership; Amends and Extends Group Purchasing Agreements with Member-Owners to Support Sustainable, Long-Term Revenue Growth

Premier Healthcare Database Being Used by National Institutes of Health to Evaluate Impact of COVID-19 on Patients Across the U.S.

Premier, Inc. to Report Fiscal 2020 Fourth-Quarter and Full-Year Results and Host Conference Call on August 25, 2020

Premier Inc. Recommends FDA, DEA Reforms to Prevent Drug Shortages

CHARLOTTE, N.C.--(BUSINESS WIRE)--Virginia Mason Health System, a leading non-profit regional healthcare system serving the Pacific Northwest, and Premier Inc. (NASDAQ: PINC), a healthcare improvement company, have partnered to support Virginia Mason’s ongoing commitment to effective and efficient supply chain and expense management. As a new member of Premier, Virginia Mason joins a powerful alliance of health systems and will receive access to industry-leading resources and technology solutio

Virginia Mason Health System Partners with Premier Inc. to Manage Supply Chain and Enhance Expense Management

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Nearly 90 percent of healthcare providers are contributing to stockpiles of critical medical supplies and drugs intended to last as long as 90 days, according to a recent survey conducted by Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company. As new COVID-19 hotspots emerge, however, Premier’s survey shows local efforts to build stockpiles must be supported with a national strategy to avoid redirecting supplies away from front-line caregivers

Premier Inc. Calls for National Stockpiling Standards to Prevent Redundant Efforts, Next Wave of Product Shortages

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, today released survey results finding that the majority of alternate site providers, including senior living facilities, physician/medical offices, pharmacies and surgical centers, report a more than 50 percent increase in personal protective equipment (PPE) needs since the COVID-19 outbreak. At the same time, securing PPE is still a challenge for alternate site providers. The majority of re

Premier Inc. Survey: Alternate Site Providers Report Increased PPE Needs but Face Challenges with Traditional Distribution Channels

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