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 document shredding. The segment is also involved in the provision of the ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices; SURPASS Collaborative service; STOCKD, an e-commerce platform; and 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. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, to manage a value-based care reimbursement model, and support their regulatory reporting framework; performance improvement collaboratives; and consulting and insurance management services, such as creation and management of health benefit programs under Contigo Health brand, as well as health systems and suppliers cost management solutions under Remitra brand. This segment's PremierConnect solutions are organized into six areas, such as Quality & Regulatory, Clinical Surveillance & Safety, Supply Chain & ERP, Operations, Enterprise Analytics, and Clinical Decision Support domains. 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.
IPO Year: 2013
Exchange: NASDAQ
Website: premierinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/26/2024 | Buy → Hold | The Benchmark Company | |
5/8/2024 | $27.00 → $21.00 | Buy → Hold | Canaccord Genuity |
2/26/2024 | $22.50 | Market Perform | Leerink Partners |
1/3/2024 | $22.00 | Equal Weight | Barclays |
8/23/2023 | $44.00 → $25.00 | Overweight → Neutral | Piper Sandler |
5/3/2023 | $43.00 → $30.00 | Outperform → Neutral | Robert W. Baird |
5/2/2023 | Outperform → Mkt Perform | Raymond James | |
1/27/2023 | $38.00 | Underperform → Neutral | Credit Suisse |
11/2/2022 | $41.00 | Neutral → Outperform | Robert W. Baird |
5/4/2022 | $39.00 → $45.00 | Neutral → Overweight | Piper Sandler |
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4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
4 - Premier, Inc. (0001577916) (Issuer)
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Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that it has named Bruce Radcliff as President of Supply Chain Services, effective September 1. In this role, Radcliff oversees Premier's core supply chain business including sourcing, contract management, operations and business analytics. Radcliff is a seasoned executive with more than 15 years of experience within large healthcare providers and over a decade of supply chain leadership. He joined Premier in May 2023 as Group Vice President of Strategic Sourcing and has helped enhance the competitiveness and differentiation of the company's group purchasing business by bringing a stron
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 Baird Global Healthcare Conference on Tuesday, Sept. 9, 2025 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 https://investors.premierinc.com/overview/default.aspx under Events and Presentations. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical
Fourth-quarter total net revenue of $262.9 million was better than the company expected (total net revenue excluding Contigo Health* of $258.0 million) Fourth-quarter GAAP net income from continuing operations of $18.0 million, or $0.22 per fully diluted share Fourth-quarter adjusted EPS of $0.46, excluding Contigo Health* contributed to full-year adjusted EPS that was above the high end of the company's guidance range Full-year net cash provided by operating activities from continuing operations of $417.8 million and free cash flow* of $180.5 million; both were better than the company anticipated Providing fiscal-year 2026 financial guidance Premier, Inc. (NASDAQ:PINC), a l
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.21 per share of Class A common stock issued and outstanding. The cash dividend will be payable on September 15, 2025, to stockholders of record as of the close of business on September 1, 2025. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers and payers to make healthcare better with natio
Premier, Inc. (NASDAQ:PINC) today announced that it will release financial results for its fiscal 2025 fourth quarter and full year on Tuesday, August 19, 2025, 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 Investors section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the conference call start time. The replay of the event will be available for one year following the conclusion of the live broadcast. For those parties who do not have internet access, the conference call can be accessed by calling o
IllumiCare's cost attribution technology defines low-value care and makes costs transparent in real time, enabling improved financial performance. Compatible with 50-plus electronic medical record (EMR) systems, taps into a growing demand for solutions in outpatient and ambulatory settings. Unlocks potential growth opportunities across Premier's service lines including clinical trial optimization, revenue cycle improvement and value-based consulting. Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare performance improvement company, today announced the acquisition of IllumiCare, a healthcare technology firm known for its EMR-agnostic platform. The platform marries
Premier, Inc. (NASDAQ:PINC) today announced the nation's 15 Top Health Systems®. Premier's 15 Top Health Systems® annual study is the only study that includes a comprehensive analysis of the data supporting the nation's top performing health systems. Based on the data analyzed, it is estimated that if all health systems performed at the same level as this year's top performers, more than 171,000 additional lives could have been saved, and more than 336,000 additional patients could have been complication free for the 2025 report year. To create the list, an objective, quantitative analysis of publicly available data was conducted to identify the top health systems in the U.S. The primary
Integration delivers high-value datasets including chargemaster, laboratory results and EMR data to accelerate clinical and commercial insights PHILADELPHIA, May 13, 2025 /PRNewswire/ -- HealthVerity, the leader in real-world data (RWD) technology and privacy-compliant data exchange, today announced the addition of Premier, Inc. (NASDAQ:PINC) to HealthVerity Marketplace™, meaning life sciences organizations using HealthVerity Marketplace™ can now access Premier's high-quality, healthcare data to support research across the product lifecycle. HealthVerity Marketplace is the nat
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 BofA Securities Healthcare Conference on Tuesday, May 13, 2025 at 9:20 a.m. PDT (12:20 p.m. EDT). 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 https://investors.premierinc.com/overview/default.aspx under Events and Presentations. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Pl
Total net revenue of $261.4 million (total net revenue excluding Contigo Health* of $255.3 million) GAAP net income from continuing operations of $27.6 million, or $0.32 per fully diluted share Adjusted earnings per share excluding Contigo Health* of $0.46 Net cash provided by operating activities from continuing operations of $307.8 million and free cash flow* of $130.3 million for the first nine months of fiscal-year 2025 Increasing adjusted EBITDA and adjusted EPS guidance; reaffirming guidance midpoint for total net revenue excluding Contigo Health [1][2] Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today reported financial results
8-K - Premier, Inc. (0001577916) (Filer)
10-K - Premier, Inc. (0001577916) (Filer)
SCHEDULE 13G - Premier, Inc. (0001577916) (Subject)
SCHEDULE 13G/A - Premier, Inc. (0001577916) (Subject)
8-K - Premier, Inc. (0001577916) (Filer)
144 - Premier, Inc. (0001577916) (Subject)
8-K - Premier, Inc. (0001577916) (Filer)
10-Q - Premier, Inc. (0001577916) (Filer)
8-K - Premier, Inc. (0001577916) (Filer)
8-K - Premier, Inc. (0001577916) (Filer)
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The Benchmark Company downgraded Premier from Buy to Hold
Canaccord Genuity downgraded Premier from Buy to Hold and set a new price target of $21.00 from $27.00 previously
Leerink Partners initiated coverage of Premier with a rating of Market Perform and set a new price target of $22.50
Barclays initiated coverage of Premier with a rating of Equal Weight and set a new price target of $22.00
Piper Sandler downgraded Premier from Overweight to Neutral and set a new price target of $25.00 from $44.00 previously
Robert W. Baird downgraded Premier from Outperform to Neutral and set a new price target of $30.00 from $43.00 previously
Raymond James downgraded Premier from Outperform to Mkt Perform
Credit Suisse upgraded Premier from Underperform to Neutral and set a new price target of $38.00
Robert W. Baird upgraded Premier from Neutral to Outperform and set a new price target of $41.00
Piper Sandler upgraded Premier from Neutral to Overweight and set a new price target of $45.00 from $39.00 previously
Live Leadership Updates
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that it has named Bruce Radcliff as President of Supply Chain Services, effective September 1. In this role, Radcliff oversees Premier's core supply chain business including sourcing, contract management, operations and business analytics. Radcliff is a seasoned executive with more than 15 years of experience within large healthcare providers and over a decade of supply chain leadership. He joined Premier in May 2023 as Group Vice President of Strategic Sourcing and has helped enhance the competitiveness and differentiation of the company's group purchasing business by bringing a stron
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that it has named David (Dave) Zito as President, Performance Services, effective December 6, 2024. Zito will oversee Premier's Performance Services segment, including the continued development and growth of the company's enterprise-wide, AI-enabled technology businesses and Premier's consulting practice. He will report to Michael J. Alkire, Premier's President and CEO. Zito is a seasoned healthcare executive, with expertise across provider networks, payer systems, life sciences and healthcare managed services. He served as the Chief Growth Officer for Guidehouse, where he was respon
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SC 13G - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
SC 13G - Premier, Inc. (0001577916) (Subject)
SC 13G - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
SC 13G - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
SC 13G/A - Premier, Inc. (0001577916) (Subject)
Live finance-specific insights
Fourth-quarter total net revenue of $262.9 million was better than the company expected (total net revenue excluding Contigo Health* of $258.0 million) Fourth-quarter GAAP net income from continuing operations of $18.0 million, or $0.22 per fully diluted share Fourth-quarter adjusted EPS of $0.46, excluding Contigo Health* contributed to full-year adjusted EPS that was above the high end of the company's guidance range Full-year net cash provided by operating activities from continuing operations of $417.8 million and free cash flow* of $180.5 million; both were better than the company anticipated Providing fiscal-year 2026 financial guidance Premier, Inc. (NASDAQ:PINC), a l
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.21 per share of Class A common stock issued and outstanding. The cash dividend will be payable on September 15, 2025, to stockholders of record as of the close of business on September 1, 2025. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers and payers to make healthcare better with natio
Premier, Inc. (NASDAQ:PINC) today announced that it will release financial results for its fiscal 2025 fourth quarter and full year on Tuesday, August 19, 2025, 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 Investors section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the conference call start time. The replay of the event will be available for one year following the conclusion of the live broadcast. For those parties who do not have internet access, the conference call can be accessed by calling o
IllumiCare's cost attribution technology defines low-value care and makes costs transparent in real time, enabling improved financial performance. Compatible with 50-plus electronic medical record (EMR) systems, taps into a growing demand for solutions in outpatient and ambulatory settings. Unlocks potential growth opportunities across Premier's service lines including clinical trial optimization, revenue cycle improvement and value-based consulting. Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare performance improvement company, today announced the acquisition of IllumiCare, a healthcare technology firm known for its EMR-agnostic platform. The platform marries
Total net revenue of $261.4 million (total net revenue excluding Contigo Health* of $255.3 million) GAAP net income from continuing operations of $27.6 million, or $0.32 per fully diluted share Adjusted earnings per share excluding Contigo Health* of $0.46 Net cash provided by operating activities from continuing operations of $307.8 million and free cash flow* of $130.3 million for the first nine months of fiscal-year 2025 Increasing adjusted EBITDA and adjusted EPS guidance; reaffirming guidance midpoint for total net revenue excluding Contigo Health [1][2] Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today reported financial results
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.21 per share of Class A common stock issued and outstanding. The cash dividend will be payable no later than June 15, 2025, to stockholders of record as of the close of business on June 1, 2025. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare bett
Premier, Inc. (NASDAQ:PINC) today announced that it will release financial results for its fiscal 2025 third quarter on Tuesday, May 6, 2025, 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 Investors section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the conference call start time. The replay of the event will be available for one year following the conclusion of the live broadcast. For those parties who do not have internet access, the conference call can be accessed by calling one of the below telep
Total net revenue of $240.3 million (Total net revenue excluding Contigo Health* of $232.2 million) GAAP net loss from continuing operations of $45.8 million, or $(0.60) per fully diluted share, which includes a $126.8 million impairment charge to goodwill related to the company's data and technology business in the Performance Services segment Adjusted earnings per share excluding Contigo Health* of $0.27 Net cash provided by operating activities from continuing operations of $193.7 million and free cash flow* of $73.9 million for the first six months of fiscal 2025 Reaffirming guidance midpoints for total net revenue excluding Contigo Health and adjusted EBITDA; increasing th
Premier, Inc. (NASDAQ:PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.21 per share of Class A common stock issued and outstanding. The cash dividend will be payable on March 15, 2025, to stockholders of record as of the close of business on March 1, 2025. About Premier, Inc. Premier, Inc. (NASDAQ:PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare better with
Premier, Inc. (NASDAQ:PINC) today announced that it will release financial results for its fiscal 2025 second quarter on Tuesday, February 4, 2025, 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 Investors section of the company's website at Events & Presentations. The webcast should be accessed 10 minutes prior to the conference call start time. The replay of the event will be available for one year following the conclusion of the live broadcast. For those parties who do not have internet access, the conference call can be accessed by calling one of the bel