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

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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.

Pacific Premier Bancorp

Pacific Premier Bancorp, Inc. (PPBI) CEO Steve Gardner on Q1 2021 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC--Community Healthcare System, recognized for high-quality care across Northwest Indiana, has partnered with Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company. Through this new partnership agreement, Community Healthcare System will have access to Premier's supply chain services, including its group purchasing organization (GPO) and PremierConnect® performance improvement technology. The goal is to streamline and enhance operational, quality i

Community Healthcare System Partners with Premier, Inc. to Drive Operational Innovation and High-Quality Patient Care

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2021 third quarter on Tuesday, May 4, 2021, 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 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 call s

Premier, Inc. to Report Fiscal 2021 Third-Quarter Results and Host Conference Call on May 4, 2021

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Top Stocks To Buy Today On The One-Year Bull Market Anniversary

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced today that members of its management team are scheduled to present at the KeyBanc Capital Markets Virtual Life Sciences & MedTech Investor Forum on March 23, 2021 at 11:30 a.m. ET. A link to the live audio webcast, as well as a replay of this event, will be available on the company's website at https://investors.premierinc.com/events-and-reports/events-and-presentations/. About

Premier Inc. to Participate in KeyBanc Capital Markets Virtual Life Sciences & MedTech Investor Forum on March 23, 2021

Premier is a $4bn market cap provider of services to the healthcare industry via its Supply Chain Services and Performance Services divisions. Shares currently trade at $33.8 - a discount to recent highs of $38 and 2018 highs of $45.

Premier Inc.: An Undervalued Swan On The Surface Of The Healthcare Industry

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, today acquired substantially all the assets and certain liabilities of Invoice Delivery Services, LP (IDS), a leading provider of procure-to-pay solutions in healthcare for $80 million. The acquisition was funded with borrowings under Premier's existing credit facility. IDS offers digitization technologies that convert paper and PDF invoices to an electronic format to automate, streamline an

Premier Inc. Acquires Invoice Delivery Services (IDS) to Tech-Enable Critical Supply Chain Purchasing Processes

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, has been named one of the 2021 World's Most Ethical Companies by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices. The 2021 recognition marks the 14th straight year that Premier has received the Ethisphere Institute designation. The Ethisphere Institute selected Premier for continuing to “understand the importance of leading, ma

Ethisphere® Institute Recognizes Premier Inc. as One of the 2021 World's Most Ethical Companies® for the 14th Year in a Row

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced today that members of its management team are scheduled to present at the 10th Annual SVB Leerink Global Healthcare Conference on Feb. 24, 2021 at 2:20 p.m. ET. A link to the live audio webcast, as well as a replay of this event, will be available on the company's website at https://investors.premierinc.com/events-and-reports/events-and-presentations/. About Premier Inc. Premier In

Premier Inc. to Participate in 10th Annual SVB Leerink Global Healthcare Conference on February 24, 2021

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), through its ProvideGx® program, has partnered with Apotex Corp. to supply three essential antibiotics to healthcare providers, helping to secure the immediate and long-term supply needs of a category of medications vital to treating bacterial infections. The three medicines include cefazolin, cefepime and ceftriaxone for injection and are part of the cephalosporin category of antibiotics. Cephalosporins are one of the most widely pr

ProvideGx® Partners with Apotex Corp. to Stabilize Supply of Three Vital Antibiotics

Premier, Inc. (PINC) CEO Susan DeVore on Q2 2021 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC) today announced that after nearly 18 years of distinguished service, Susan DeVore is retiring as the company's chief executive officer and a member of its Board of Directors, effective May 1, 2021. Michael J. Alkire, president of Premier, will succeed DeVore and serve as president, CEO and a member of the Board, also effective May 1, 2021. To ensure a smooth transition, DeVore will remain with Premier through June 30, 2021, and will

Premier Inc. President Michael J. Alkire to Succeed Susan DeVore as Chief Executive Officer

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today reported financial results for the fiscal year (FY) 2021 second quarter ended December 31, 2020 and announced its fiscal 2021 financial guidance. All results presented in this press release reflect continuing operations following completion of the sale and exit of the Specialty Pharmacy business on June 7, 2019. "Our fiscal 2021 second quarter results demonstrate solid execution across our businesses and continued demand for o

Premier, Inc. Reports Fiscal-Year 2021 Second-Quarter Results

Pacific Premier Bancorp, Inc. (PPBI) CEO Steve Gardner on Q4 2020 Results - Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), through its ProvideGx® program, has partnered with Pfizer Inc. to supply five essential medications to healthcare providers, helping to meet the immediate and long-term supply needs of medications necessary to a range of patient care interventions, including some that have been critical during the COVID-19 pandemic. The five medicines include: diazepam, labetalol, lorazepam, fentanyl citrate and 0.9 percent sodium chloride injection

ProvideGx® Partners with Pfizer Inc. to Secure the Supply of Five Essential Medications

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2021 second quarter on Tuesday, February 2, 2021, 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 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

Premier, Inc. to Report Fiscal 2021 Second-Quarter Results and Host Conference Call on February 2, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced today that members of its management team are scheduled to participate in a presentation and fireside chat at the 39th Annual J.P. Morgan Virtual Healthcare Conference on Jan. 12, 2021 at 2:00 p.m. ET. Links to the live audio webcast, as well as replays of these events, will be available on the company's website at Events Link. Replays of the webcasts will be available following th

Premier Inc. to Participate in the 39th Annual J.P. Morgan Virtual Healthcare Conference on January 12, 2021

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CHARLOTTE, N.C.--(BUSINESS WIRE)---- $PINC--Health Resource Services (HRS), a national, provider-owned group purchasing organization (GPO) founded by Virginia Mason Health System, today announced that they will partner with Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, for national contracting support, effective immediately. “Making a change in our national contracting partner was a big decision for us, based on a thorough search of all the major GPOs,” said HRS President Ken Fre

Health Resource Services (HRS) Moves to Premier Inc. for Superior National Contract Portfolio and Comprehensive, Cross-Continuum Spend Management Services

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC) has named St. Luke's University Health Network, a fully integrated, nationally recognized health network serving Pennsylvania and New Jersey, the winner of the 2020 Richard A. Norling Premier Alliance Excellence Award. Premier presented the annual award to St. Luke's for exemplifying the highest level of industry innovation and advancements in delivering high-quality, cost-effective care. The St. Luke's system – which includes 12 hos

St. Luke's University Health Network Wins 2020 Premier Alliance Excellence Award

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced today that members of its management team are scheduled to participate in a fireside chat at the Guggenheim Digital Health Virtual Summit on Dec. 8, 2020 at 4:00 p.m. ET. The event will not be broadcast live but a replay will be available on the company's website within a few hours of the conclusion of the event via the following link: Events & Presentations. About Premier, Inc

Premier Inc. to Participate in the Guggenheim Digital Health Virtual Summit on December 8, 2020

Let's see if Premier (PINC) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Premier (PINC) Stock Now?

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier Inc. (NASDAQ: PINC), through its ProvideGx® program, has partnered with Fresenius Kabi to supply pre-filled, single-use IV bags of heparin sodium injection, USP to healthcare providers, helping to stabilize the long-term supply of a medication that is necessary when performing a number of hospital inpatient procedures. Heparin is an anticoagulant that prevents the formation of blood clots that can ultimately lead to venous and arterial thromboembolic ev

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