Craft

Premier

Stock Price

$20.1

2024-08-22

Market Capitalization

$2.1 B

2024-08-22

Revenue

$1.3 B

FY, 2024

Premier Summary

Company Summary

Overview
Premier is a healthcare improvement company uniting hospitals, health systems, and other healthcare providers. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment assists customers in managing their non-labor expense and capital spend through a combination of products, services and technologies, including healthcare GPO (group purchasing organization) programs serving acute and continuum of care sites, and providing supply chain co-management, purchased services, direct sourcing, and supply chain resiliency activities. The Performance Services segment includes clinical analytics, consulting services, collaboratives, direct-to-employer initiative, and insurance management services. It consists of the following sub-brands: PINC AI, Contigo Health, and Remitra.
Type
Public
Status
Active
Founded
2013
HQ
Charlotte, NC, US | view all locations
Website
https://premierinc.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Michael J. Alkire

    Michael J. Alkire, President and CEO, Director

  • Craig McKasson

    Craig McKasson, Chief Financial Officer and Chief Administrative Officer

  • Joe Machicote

    Joe Machicote, Chief Diversity and Inclusion Officer

  • Myla Maloney

    Myla Maloney, Chief Growth Officer, PINC AI Applied Sciences

Operating MetricsView all

Retention Rate

98.0%
1.0%

FY, 2023

Providers

300K
20.0%

FY, 2023

Hospitals

4.4K
1.1%

FY, 2023

LocationsView all

5 locations detected

  • Charlotte, NC HQ

    United States

    13034 Ballantyne Corporate Pl

  • New York, NY

    United States

    555 W 57th St #1201

  • Walnut Creek, CA

    United States

    1676 N California Blvd P118

  • Washington, DC

    United States

    444 North Capitol St NW

  • Hudson, OH

    United States

Premier Financials

Summary Financials

Revenue (FY, 2024)
$1.3B
Gross profit (FY, 2024)
$888.0M
Net income (FY, 2024)
$106.7M
Cash (FY, 2024)
$125.1M
EBIT (FY, 2024)
$128.0M
Enterprise value
$2.1B

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