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{{use dmy dates|date=December 2023}}
{{Infobox company
{{Infobox company
| name = Premier, Inc.
| traded_as = {{NASDAQ|PINC}} (Class A)<br>[[Russell 1000 Index|Russell 1000 Component]]
| logo =
| logo_caption =
| logo_alt =
| type = [[Public company]]
| traded_as = {{ubl|{{NASDAQ|PINC}} (Class A)|[[Russell 1000]] component}}
| industry =
| predecessor = <!-- or: | predecessors = -->
| founded = {{Start date and age|2013}}
| founder = <!-- or: | founders = -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| fate =
| successor = <!-- or: | successors = -->
| hq_location = {{nowrap|[[Charlotte, North Carolina]], U.S.}}
| area_served = <!-- or: | areas_served = -->
| key_people = Michael J Alkire (CEO)<ref name="HCI">{{cite web |author=Mike Hagland |date=11 May 2021 |title=Premier’s New CEO Mike Alkire Shares His Perspectives on the Road Ahead |url=https://www.hcinnovationgroup.com/policy-value-based-care/alternative-payment-models/article/21222323/premiers-new-ceo-mike-alkire-shares-his-perspectives-on-the-road-ahead |publisher=Healthcare Innovation Group}}</ref><ref>{{cite web |title=Michael J Alkire "Mike" |url=https://www.bloomberg.com/profile/person/16371354 |website=Bloomberg}}</ref>
| products =
| revenue = {{nowrap|{{Decrease}} US$1.336 billion (2023)}}
| net_income = {{nowrap|{{Decrease}} US$174.887 million (2023)}}
| owner = <!-- or: | owners = -->
| num_employees = 2,800
| num_employees_year = 2023
| parent =
| website = {{url|premierinc.com}}
}}
}}
'''Premier, Inc.''' is an American healthcare company, based in [[Charlotte, North Carolina]]. The company is listed on [[New York Stock Exchange]] ({{NASDAQ|PINC}}) Class A.


In the early 2000s, Premier was a hospital buying group, pooling healthcare purchases to reduce prices.<ref>{{Cite web |title=U.S. Expands Hospital Supply Buying Inquiry |author=Mary Williams Walsh |work=[[The New York Times]] |date=15 August 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/08/15/business/us-expands-hospital-supply-buying-inquiry.html |url-access=subscription}}<br>- {{Cite web |title=A Persistent Small Supplier Gets Contract for Hospitals |author=Barry Meier |work=The New York Times |date=4 September 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/09/04/business/a-persistent-small-supplier-gets-contract-for-hospitals.html |url-access=subscription}}<br>- {{Cite web |title=MEDICINE'S MIDDLEMEN; Questions Raised of Conflicts At 2 Hospital Buying Groups (Published 2002) |author1=Walt Bogdanich |author2=Barry Meier |author3=Mary Williams Walsh |work=The New York Times |date=4 March 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/03/04/business/medicine-s-middlemen-questions-raised-of-conflicts-at-2-hospital-buying-groups.html |url-access=subscription}}</ref>
'''Premier, Inc.''' ({{NASDAQ|PINC}}) is a healthcare improvement company headquartered in [[Charlotte]], [[North Carolina]] and also based out in 43-21 34th St, Long Island City, NY 11101, United States. On October 1, 2013, the company completed its IPO.<ref>IPO</ref> In 2006, Premier won the [[Malcolm Baldrige National Quality Award]].


In 2017, Premier acquired Stanson Health for $51.5 million and, in 2019, acquired Medpricer, a healthcare technology firm, for $35 million.<ref>{{Cite news |last=Hudson |first=Caroline |date=30 October 2019 |title=Charlotte-based Premier Inc. acquires health-care tech firm in $35M deal |url=https://www.bizjournals.com/charlotte/news/2019/10/30/charlotte-based-premier-incacquires-health-care.html |website=Charlotte Business Journal}}</ref> In June 2020, Premier partnered with [[McLaren Health Care Corporation|McLaren Health Care]] to acquire a minority stake in [[Prestige Ameritech]], a manufacturer of [[personal protective equipment]] (PP).<ref>{{Cite news |date=2020-06-08 |title=McLaren Health Care Partners with Premier, Inc. and Prestige Ameritech to Expand Domestic PPE Production |url=https://www.fox47news.com/news/local-news/mclaren-health-care-partners-with-premier-inc-and-prestige-ameritech-to-expand-domestic-ppe-production |access-date=2020-11-02 |website=FOX 47 News}}</ref>
In the early 2000s, Premier was a [[hospital buying group]], pooling healthcare purchases to reduce prices.<ref name="nyti_U.S.">{{Cite web |title=U.S. Expands Hospital Supply Buying Inquiry (Published 2002) |author=Mary Williams Walsh |work=nytimes.com |date=15 August 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/08/15/business/us-expands-hospital-supply-buying-inquiry.html}}</ref><ref name="nyti_APer">{{Cite web |title=A Persistent Small Supplier Gets Contract for Hospitals (Published 2002) |author=Barry Meier |work=nytimes.com |date=4 September 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/09/04/business/a-persistent-small-supplier-gets-contract-for-hospitals.html}}</ref><ref name="nyti_MEDI">{{Cite web |title=MEDICINE'S MIDDLEMEN; Questions Raised of Conflicts At 2 Hospital Buying Groups (Published 2002) |author=Walt Bogdanich |author2=Barry Meier |author3=Mary Williams Walsh |work=nytimes.com |date=4 March 2002 |access-date=1 June 2021 |url= https://www.nytimes.com/2002/03/04/business/medicine-s-middlemen-questions-raised-of-conflicts-at-2-hospital-buying-groups.html}}</ref>


In 2021, Michael J Alkire was appointed as the CEO of the company.<ref name="HCI"/>
In 2017, Premier acquired Stanson Health for $51.5 million.<ref name=":0">{{Cite web|last=Hudson|first=Caroline|date=30 October 2019|title=Charlotte-based Premier Inc. acquires health-care tech firm in $35M deal|url=https://www.bizjournals.com/charlotte/news/2019/10/30/charlotte-based-premier-incacquires-health-care.html|url-status=live|archive-url=|archive-date=|access-date=|website=Charlotte Business Journal}}</ref> In 2019, Premier acquired Medpricer, a healthcare technology firm, for $35 million.<ref name=":0" /> In June 2020, Premier partnered with [[McLaren Health Care Corporation|McLaren Health Care]] to acquire a minority stake in [[Prestige Ameritech]], a manufacturer of [[Personal protective equipment|PPE]].<ref>{{Cite web|date=2020-06-08|title=McLaren Health Care Partners with Premier, Inc. and Prestige Ameritech to Expand Domestic PPE Production|url=https://www.fox47news.com/news/local-news/mclaren-health-care-partners-with-premier-inc-and-prestige-ameritech-to-expand-domestic-ppe-production|access-date=2020-11-02|website=WSYM|language=en}}</ref>


==Awards==
On may 5th, 2020 Premier acquired the greatest company ever, HDP. Most describe HDP as a “scrappy underdog that managed to rise to the top”.
*National Quality Forum's John M. Eisenberg Patient Safety and Quality Award (2016)<ref>{{cite press release |title=John M. Eisenberg Patient Safety and Quality Award Recipients Announced |url=https://www.qualityforum.org/News_And_Resources/Press_Releases/2016/John_M__Eisenberg_Patient_Safety_and_Quality_Award_Recipients_Announced.aspx |publisher=The National Quality Forum |date=7 April 2016}}</ref>
*Cigna Well-Being Award for the years 2016,{{cn|date=December 2023}} 2017,{{cn|date=December 2023}} 2019{{cn|date=December 2023}} and 2020<ref>{{cite web |title=BETTER WELL-BEING STARTS WITH BETTER ENGAGEMENT |url=https://www.cigna.com/enwiki/static/health-promotion-cigna-com/docs/well-being-awards/award-application/well-being-results-brochure.pdf |publisher=[[Cigna]] |date=2022 |url-status=dead |archiveurl=https://web.archive.org/web/20220701225628/https://www.cigna.com/enwiki/static/health-promotion-cigna-com/docs/well-being-awards/award-application/well-being-results-brochure.pdf |archivedate=1 July 2022}}</ref>


== References ==
== References ==

Latest revision as of 23:55, 31 July 2024

Premier, Inc.
Company typePublic company
Founded2013; 11 years ago (2013)
HeadquartersCharlotte, North Carolina, U.S.
Key people
Michael J Alkire (CEO)[1][2]
RevenueDecrease US$1.336 billion (2023)
Decrease US$174.887 million (2023)
Number of employees
2,800 (2023)
Websitepremierinc.com

Premier, Inc. is an American healthcare company, based in Charlotte, North Carolina. The company is listed on New York Stock Exchange (NasdaqPINC) Class A.

In the early 2000s, Premier was a hospital buying group, pooling healthcare purchases to reduce prices.[3]

In 2017, Premier acquired Stanson Health for $51.5 million and, in 2019, acquired Medpricer, a healthcare technology firm, for $35 million.[4] In June 2020, Premier partnered with McLaren Health Care to acquire a minority stake in Prestige Ameritech, a manufacturer of personal protective equipment (PP).[5]

In 2021, Michael J Alkire was appointed as the CEO of the company.[1]

Awards

[edit]

References

[edit]
  1. ^ a b Mike Hagland (11 May 2021). "Premier's New CEO Mike Alkire Shares His Perspectives on the Road Ahead". Healthcare Innovation Group.
  2. ^ "Michael J Alkire "Mike"". Bloomberg.
  3. ^ Mary Williams Walsh (15 August 2002). "U.S. Expands Hospital Supply Buying Inquiry". The New York Times. Retrieved 1 June 2021.
    - Barry Meier (4 September 2002). "A Persistent Small Supplier Gets Contract for Hospitals". The New York Times. Retrieved 1 June 2021.
    - Walt Bogdanich; Barry Meier; Mary Williams Walsh (4 March 2002). "MEDICINE'S MIDDLEMEN; Questions Raised of Conflicts At 2 Hospital Buying Groups (Published 2002)". The New York Times. Retrieved 1 June 2021.
  4. ^ Hudson, Caroline (30 October 2019). "Charlotte-based Premier Inc. acquires health-care tech firm in $35M deal". Charlotte Business Journal.
  5. ^ "McLaren Health Care Partners with Premier, Inc. and Prestige Ameritech to Expand Domestic PPE Production". FOX 47 News. 8 June 2020. Retrieved 2 November 2020.
  6. ^ "John M. Eisenberg Patient Safety and Quality Award Recipients Announced" (Press release). The National Quality Forum. 7 April 2016.
  7. ^ "BETTER WELL-BEING STARTS WITH BETTER ENGAGEMENT" (PDF). Cigna. 2022. Archived from the original (PDF) on 1 July 2022.