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.
Company Growth (employees)
Type
Public
HQ
Charlotte, US
Founded
1968
Size (employees)
2,400 (est)+15%
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
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Premier Financials and Metrics

Premier Financials

Premier's revenue was reported to be $1.2 b in FY, 2016
USD

Revenue (Q1, 2018)

390.6 m

Gross profit (Q1, 2018)

199.2 m

Gross profit margin (Q1, 2018), %

51%

Net income (Q1, 2018)

60.6 m

EBIT (Q1, 2018)

70.5 m

Market capitalization (22-Dec-2017)

4.1 b

Cash (30-Sep-2017)

132.1 m

EV

4.2 b
Premier's current market capitalization is $4.1 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
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

270.8 m291.7 m298.7 m313.3 m358.5 m379.8 m390.6 m

Cost of goods sold

109.1 m112.6 m112.1 m138.5 m176 m177.2 m191.4 m

Gross profit

161.7 m179.1 m186.6 m174.8 m182.5 m202.6 m199.2 m

Gross profit Margin, %

60%61%62%56%51%53%51%
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 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
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

1158.1 m152 m94.5 m129.6 m155.6 m109.8 m157.4 m238.4 m156 m218.9 m236.2 m132.1 m

Accounts Receivable

62 m68.7 m72.3 m81 m86.8 m101.2 m116.1 m125.1 m129 m144.5 m181.1 m162.2 m173.9 m

Inventories

31.9 m30.2 m29.3 m34.7 m65.7 m48.8 m29.8 m

Current Assets

250.9 m358.1 m395 m426.6 m509.6 m525.2 m363.5 m386.8 m453.3 m384 m514 m494.3 m393.9 m
    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
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Net Income

    (198.3 k)164 m266 m64.9 m130.7 m202.7 m52.3 m113.2 m184.8 m58.1 m236.8 m308.9 m60.6 m

    Depreciation and Amortization

    9 m18.9 m29.1 m11.2 m25.6 m39.7 m17.9 m39.4 m61.2 m23.2 m48.6 m77.8 m30.4 m

    Accounts Receivable

    116.1 m125.1 m129 m144.5 m181.1 m162.2 m173.9 m

    Inventories

    (3.4 m)(6.5 m)(1.7 m)(6.9 m)(9 m)1.2 m2.8 m3.8 m(827 k)(31.8 m)(14.7 m)29.8 m
      USDY, 2017

      EV/EBIT

      58.9 x

      EV/CFO

      55.3 x

      Revenue/Employee

      162.7 k

      Debt/Equity

      -0.1 x

      Debt/Assets

      0.1 x

      Financial Leverage

      -1.9 x
      Show all financial metrics

      Premier Market Value History

      Premier Median Salaries

      Source: 32 public H-1B filings from Premier

      Premier's Web-traffic and Trends

      Premier Online and Social Media Presence

      Premier News and Updates

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      Clinical tools, electronic monitoring are C-suite priorities to fight opioid crisis

      Premier survey shows executives at U.S. health systems are prioritizing their response to the crisis because technology may be among the most important tools to manage it.

      Respiratory Therapy Services Market Prediction and Analysis Offered By New Study

      Respiratory therapy services specializes in the treatment of the respiratory issue, for example, unending lung conditions, for example, asthma, emphysema and intense conditions, for example, bronchitis and pneumonia. Posted via Industry Today. Follow us on Twitter @IndustryToday

      January transfer news & rumours: Arsenal want Pierre-Emerick Aubameyang to replace Alexis Sanchez

      Goal takes a look at the biggest transfer rumours from the Premier League, La Liga, Serie A and beyond as we head into the winter window Arsenal turn to Aubameyang Arsenal will look to make a January move for Borussia Dortmund striker Pierre-Emerick Aubameyang if Alexis Sanchez leaves during the tra…

      Manchester City news: Guardiola confirms injured Jesus will miss 4-6 weeks

      The Manchester City manager has confirmed that his striker will miss almost two months through injury, after damaging his knee against Crystal Palace Manchester City manager Pep Guardiola says Gabriel Jesus will miss around six to eight weeks with a knee ligament injury. Jesus suffered a knee ligame…
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