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)
2,100 (est)
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 Financials and Metrics

Premier Financials

Premier's revenue was reported to be $379.8 m in Q3, 2017
USD

Revenue (Q3, 2017)

379.8 m

Gross profit (Q3, 2017)

202.6 m

Gross profit margin (Q3, 2017), %

53%

Net income (Q3, 2017)

72.1 m

EBIT (Q3, 2017)

79.1 m

Market capitalization (19-Oct-2017)

1.7 b

Cash (31-Mar-2017)

236.2 m
Premier's current market capitalization is $1.7 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, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

60%61%62%56%51%53%
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, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

94.5 m129.6 m155.6 m109.8 m157.4 m238.4 m156 m218.9 m236.2 m

Accounts Receivable

81 m86.8 m101.2 m116.1 m125.1 m129 m144.5 m181.1 m162.2 m

Inventories

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

Current Assets

426.6 m509.6 m525.2 m363.5 m386.8 m453.3 m384 m514 m494.3 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, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

64.9 m130.7 m202.7 m52.3 m61 m71.6 m58.1 m178.7 m72.1 m

Depreciation and Amortization

11.2 m25.6 m39.7 m

Accounts Receivable

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

Inventories

(1.7 m)(6.9 m)(9 m)31.9 m30.2 m29.3 m34.7 m65.7 m48.8 m
USDY, 2017

Revenue/Employee

180.9 k

Financial Leverage

-1.7 x
Show all financial metrics

Premier Market Value History

Premier Median Salaries

Source: 32 public H-1B filings from Premier

Traffic Overview of Premier

Premier Online and Social Media Presence

Premier News and Updates

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Why your gym workout could be letting you down, and how to fix it

Around 15 years ago, a Canadian called Michol Dalcourt was approached by the team who finished second in the NHL, which to Canadians is as big as the Premier League. The team wanted to find a way to be stronger and fitter than anyone else in the league, and gave Dalcourt all the resources money c…

Air New Zealand’s new-look Dreamliner touches down

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Premier Company Life and Culture

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