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, Washington
Charlotte, US (HQ)
13034 Ballantyne Corporate Pl
Washington, US
444 North Capitol St NW

Premier Metrics

Premier Financial Metrics

Revenue (2016)

$1.2 b

Revenue growth (2015-16), %

15%

Gross profit

$868.8 m

Gross profit margin (2016), %

75%

Net income (2016)

$235.2 m

Market capitalization (21-Mar-2017)

$1.6 b

Closing share price (21-Mar-2017)

$30.8

Cash (31-Dec-2016)

$248.8 m
Premier's current market capitalization is $1.6 b.
Premier's revenue was reported to be $1.2 b in FY, 2016 which is a 15.4% increase from the previous period.
FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$910.5 m$1 b$1.2 b

Revenue growth, %

11%15%

Cost of goods sold

$106.7 m$133.6 m$191.9 m$253.6 m$293.8 m

Gross profit

$718.7 m$753.4 m$868.8 m

Gross profit Margin, %

79%75%75%

Operating expense total

$300.9 m$344.1 m$439.6 m

EBIT

$285.1 m$244.8 m$244.3 m

EBIT margin, %

31%24%21%

Pre tax profit

$271.1 m$284.9 m

Income tax expense

$8.2 m$9.7 m$27.7 m$36.3 m$49.7 m

Net Income

$332.6 m$234.8 m$235.2 m
Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$246.6 m$140.8 m$198.3 m$131.8 m$146.5 m$248.8 m

Accounts Receivable

$67.6 m$99.1 m$144.4 m

Inventories

$31.2 m$22.4 m$19.6 m

Current Assets

$422.1 m$553.2 m$462.9 m

Goodwill

$94.5 m$215.6 m$538 m

Total Assets

$1.2 b$1.5 b$1.9 b

Accounts Payable

$28 m$37.6 m$46 m

Current Liabilities

$223.9 m$269.6 m$326.1 m

Common Stock

$377 k$460 k

Additional Paid-in Capital

Retained Earnings

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

Total Equity

($3.1 b)($2 b)

Financial Leverage

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

Net Income

$332.6 m$234.8 m$235.2 m

Depreciation and Amortization

$39.8 m$54.3 m$84.2 m

Accounts Receivable

Inventories

($8.1 m)($12 m)$3.9 m

Accounts Payable

Cash From Operating Activities

$368.1 m$364.1 m$371.5 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

Premier Market Value History

Premier Median Salaries

Source: 32 public H-1B filings from Premier

Premier Online Presence

Premier News

Premier Company Life

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