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.

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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), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in a fireside chat at the Barclays Global Healthcare Conference on Tuesday, March 12, 2024 at 2:05 p.m. ET. A link to the live audio webcast, as well as a replay of this event, will be available in the Investors section of the company's website at www.investors.premierinc.com under Events and Presentation.

Premier, Inc. to Participate in Barclays Global Healthcare Conference on March 12, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 50 Top Cardiovascular Hospitals™. The full list of recognized hospitals was published in an exclusive online article by Fortune. To create the list, an objective, quantitative analysis of publicly available data was conducted to identify the top cardiovascular hospitals in the United States. The primary purpose of the PINC AI™ 50 Top Cardiovascular Hospital.

PINC AI™ and Fortune Name the Nation's 50 Top Cardiovascular Hospitals™

PHOENIX & CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences (PAS), a division of Premier, Inc. (NASDAQ: PINC), and Datavant, the company that protects, connects and delivers the world's health data, announce the companies are expanding their existing collaboration to help shape the future of healthcare research, advance clinical trial operations, and increase trial diversity and equity – aiming to accelerate the development of novel therapies and products for improved patient outcomes.

Premier, Inc.'s PINC AI™ Applied Sciences and Datavant Collaborate to Enable Next-Generation Clinical Trials

Premier, Inc. (PINC) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Premier, Inc. (PINC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Premier, Inc. (PINC) Q2 Earnings: A Look at Key Metrics

Premier, Inc. (PINC) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.72 per share a year ago.

Premier, Inc. (PINC) Q2 Earnings Surpass Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) (“Premier” or the “Company”), a leading technology-driven healthcare improvement company, today announced that the Company's Board of Directors has concluded its exploration of strategic alternatives. As previously announced in May 2023, the Board established an Independent Special Committee (the “Special Committee”) to identify, review and explore strategic alternatives to enhance value for stockholders. In consultation with its fi.

Premier, Inc. Completes Strategic Review Process

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal-year 2024 second quarter ended December 31, 2023. "Our second quarter results reflect ongoing discipline in actively managing our business to meet our expectations for profitability,” said Michael J. Alkire, Premier's President and CEO. “Consolidated net revenue declined from the prior-year period primarily due a challenging.

Premier, Inc. Reports Fiscal-Year 2024 Second-Quarter Results

Real-world data to support early patient identification for patients with neurodegenerative and behavioral health diseases. NEW YORK , Jan. 24, 2024 /PRNewswire/ -- LANGaware, an innovative leader in digital cognitive and behavioral health diagnostics, is announcing that it will partner with Premier's (NASDAQ: PINC) PINC AI™ Applied Sciences (PAS) to leverage Real-World Data (RWD) for the development of novel therapeutics addressing neurodegenerative and behavioral health diseases.

LANGaware Forges Transformative Collaboration with Premier, Inc.'s PINC AI™ Applied Sciences (PAS) to Revolutionize Healthcare

Premier Inc. offers healthcare solutions through a collaborative business model and SaaS-based software, with potential for significant financial improvement. The company is experiencing growth through inorganic means and is expected to see double-digit net sales growth. Premier Inc. has a significant amount of goodwill but a small amount of financial debt, indicating potential for further acquisitions and business growth.

Premier: SaaS Healthcare Products And M&A Imply Undervaluation

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 second quarter on Tuesday, February 6, 2024, at approximately 6:30 a.m. ET. The company will also host a conference call at 8:00 a.m. ET to discuss its financial results. The live webcast and replay will be available in the Investor Relations section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the.

Premier, Inc. to Report Fiscal 2024 Second-Quarter Results and Host Conference Call on February 6, 2024

OKLAHOMA CITY--(BUSINESS WIRE)-- #FDA--Linear Health Sciences has been awarded a national group purchasing agreement for the IV Therapy - Needleless Connectors category with Premier, Inc. Effective Jan. 1, 2024, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for the Orchid SRV force-activated separation device. “This early recognition from Premier is another indication of the value of our platform for breakaway sa.

Linear Health Sciences Awarded IV Therapy Products - Needleless Connectors Agreement with Premier, Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in the J.P. Morgan Healthcare Conference on Tuesday, Jan. 9, 2024. The company's formal presentation will begin at 11:15 a.m. PST (2:15 p.m. EST) and will include a question-and-answer session with the host analyst immediately following the conclusion of its presentation. A link to the live audio webcast,.

Premier, Inc. to Participate in J.P. Morgan Healthcare Conference on January 9, 2024

LOS ANGELES--(BUSINESS WIRE)-- #calderamedical--Caldera Medical is thrilled to announce it has been awarded a national group purchasing agreement for Surgical Incontinence beginning on January 1, 2024, and Specialty Women's Health Products with Premier, Inc. Effective February 1, 2024, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier. This initiative underscores Caldera's continued increase in investment to provide Premier fac.

Caldera Medical awarded Specialty Women's Health and Surgical Incontinence contract Agreement with Premier Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™ Applied Sciences (PAS) and TFS HealthScience will partner to accelerate global clinical trials and research innovation.

Premier, Inc.'s PINC AI™ Applied Sciences (PAS) and TFS HealthScience Will Partner to Revolutionize Clinical Trials

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With the equities sector falling flat while the cryptocurrency arena skyrockets, the difficulties associated with planning next moves help drive the bullish case for dividend-paying healthcare stocks. As a defensive play, the broader wellness ecosystem should instill confidence.

7 Dividend-Paying Healthcare Stocks for Income Investors

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 15 Top Health Systems™.

PINC AI™ and Fortune Name the Nation's 15 Top Health Systems™

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With concerns about a slowdown in the global economy rising, investors may be better served considering the top healthcare hidden-gem stocks. To be sure, no guarantees exist in the market; otherwise, everyone would pour money into the guaranteed space.

Wealth From Wellness: 7 Healthcare Stocks to Inoculate Your Portfolio

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that members of its management team will participate in a fireside chat at the Piper Sandler Healthcare Conference on Wednesday, November 29, 2023 at 8:30 a.m. ET. A link to the live audio webcast, as well as a replay of this event, will be available in the Investors section of the company's website at www.investors.premierinc.com under Events and Presentat.

Premier, Inc. to Participate in Piper Sandler Healthcare Conference on November 29, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Tufts Medicine and Premier are undertaking a 10-year strategic partnership to expand and extend their shared supply chain goals and capabilities.

Tufts Medicine Selects Premier, Inc. as Strategic Partner to Achieve Supply Chain Excellence

Premier, Inc. (NASDAQ:PINC ) Q1 2024 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Ben Krasinski - Senior Director, Investor Relations Mike Alkire - President and Chief Executive Officer Craig McKasson - Chief Administrative Officer and Chief Financial Officer Leigh Anderson - President, Performance Services Conference Call Participants Eric Percher - Nephron Research Jessica Tassan - Piper Sandler Allen Lutz - Bank of America Operator Good morning, and welcome to Premier's Fiscal 2024 First Quarter Conference Call. All participants will be in listen-only mode.

Premier, Inc. (PINC) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Premier, Inc. (PINC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Premier, Inc. (PINC) Q1 Earnings: A Look at Key Metrics

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal year 2024 first quarter ended September 30, 2023. "Our first quarter results reflect continued progress in advancing our strategy to technology-enable better, smarter healthcare as we continue to innovate with our members and other customers," said Michael J. Alkire, Premier's President and CEO. "We performed better than anti.

Premier, Inc. Reports Fiscal-Year 2024 First-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 first quarter on Tuesday, November 7, 2023, at approximately 6:30 a.m. ET. The company will also host a conference call at 8:00 a.m. ET to discuss its financial results. The live webcast and replay will be available in the Investor Relations section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the.

Premier, Inc. to Report Fiscal 2024 First-Quarter Results and Host Conference Call on November 7, 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--PINC AI™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation's 100 top hospitals. The full list of recognized hospitals was published in an exclusive online article by Fortune. Based on the data analyzed, it is estimated that if all hospitals performed at the same level of this year's winners, more than 227,000 additional lives could have been saved, more than 432,000 additional patients could have been complication-fr.

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