As a leading national healthcare solutions organization, Premier, Inc. collaborates with healthcare organizations to improve supply chain management, decrease healthcare costs, integrate data and improve the health of communities. As an industry leader, Premier has created one of the most comprehensive database of actionable data, best practices and cost reduction strategies. We enable our members to collaborate easily and efficiently improve their quality outcomes, while reducing costs. By engaging members and revealing new opportunities, we empower our alliance to improve performance like no one else in healthcare can.
Type
Public
HQ
Charlotte, US
Founded
1968
Size (employees)
2,100 (est)+17%
Premier was founded in 1968 and is headquartered in Charlotte, US

Premier Office Locations

Premier has offices in Charlotte and Washington
Charlotte, US (HQ)
13034 Ballantyne Corporate Pl
Washington, US
444 North Capitol St Nw

Premier Data and Metrics

Premier Financial Metrics

Premier's revenue was reported to be $1.2 b in FY, 2016 which is a 15% increase from the previous period.
USD

Revenue (FY, 2016)

1.2 b

Revenue growth (FY, 2015 - FY, 2016), %

15%

Gross profit (FY, 2016)

868.8 m

Gross profit margin (FY, 2016), %

75%

Net income (FY, 2016)

235.2 m

EBIT (FY, 2016)

244.3 m

Market capitalization (28-Jun-2017)

1.8 b

Closing share price (28-Jun-2017)

35

Cash (31-Dec-2016)

248.8 m
Premier's current market capitalization is $1.8 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

910.5 m1 b1.2 b

Revenue growth, %

11%15%

Cost of goods sold

106.7 m133.6 m191.9 m253.6 m293.8 m

Gross profit

718.7 m753.4 m868.8 m

Gross profit Margin, %

79%75%75%

Operating expense total

300.9 m344.1 m439.6 m

EBIT

285.1 m244.8 m244.3 m

EBIT margin, %

31%24%21%

Pre tax profit

271.1 m284.9 m

Income tax expense

8.2 m9.7 m27.7 m36.3 m49.7 m

Net Income

332.6 m234.8 m235.2 m
USDY, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

246.6 m140.8 m198.3 m131.8 m146.5 m248.8 m

Accounts Receivable

67.6 m99.1 m144.4 m

Inventories

31.2 m22.4 m19.6 m

Current Assets

422.1 m553.2 m462.9 m

Goodwill

94.5 m215.6 m538 m

Total Assets

1.2 b1.5 b1.9 b

Accounts Payable

28 m37.6 m46 m

Current Liabilities

223.9 m269.6 m326.1 m

Common Stock

377 k460 k

Retained Earnings

(2.5 b)(3.1 b)(2 b)

Total Equity

(3.1 b)(2 b)

Financial Leverage

-0.5 x-1 x
USDFY, 2014FY, 2015FY, 2016

Net Income

332.6 m234.8 m235.2 m

Depreciation and Amortization

39.8 m54.3 m84.2 m

Inventories

(8.1 m)(12 m)3.9 m

Cash From Operating Activities

368.1 m364.1 m371.5 m

Purchases of PP&E

(55.7 m)(77 m)

Capital Expenditures

(70.7 m)

Cash From Investing Activities

(397.1 m)(231.9 m)(159.6 m)

Cash From Financing Activities

(37.5 m)(117.4 m)(109.5 m)

Free Cash Flow

434.8 m
USDY, 2016

Revenue/Employee

645.9 k

Financial Leverage

-1 x

Premier Market Value History

Premier Median Salaries

Source: 32 public H-1B filings from Premier

Premier Online and Social Media Presence

Premier News and Updates

Premier Company Life and Culture

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