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Premier's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Premier operates as a healthcare alliance that supports hospitals, health systems, physicians and other healthcare provi... Read more

Based on data from Premier's latest SEC filings

Annual Revenue

Based on data from Premier's latest SEC filings

Employees

Susan DeVore's photo - CEO of Premier

CEO

Susan DeVore

CEO Approval Rating

67/100

OVERVIEW

Founded:

1969

Headquarters:

CharlotteNorth Carolina

Status:

PublicIndependent Company of NASDAQPINC

Industry Sector:

Health Care Services

SIC Code:

8000NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Vizient a competitor of Premier?

I don't know

Trending News for Premier and Premier's Competitors

January 24, 2020

RTTNews

Cardinal Health Recalls 9.1 Mln Surgical Gowns

Medical device manufacturer Cardinal Health announced that it has recalled around 9.1 million surgica... See more »

January 25, 2020

Online PR Media

EHR-related findings calculate a time of 16 minutes per patient

See more »

January 23, 2020

Allscripts Blog

Eliminating pain points in rehab documentation for community hospital

More than 40 hospitals and health systems clients presented at the recent Allscripts Client Experienc... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

HealthTrust is seen as one of Premier's top competitors. HealthTrust was founded in Nashville, Tennessee} in 1999. HealthTrust is in the Systems Software industry. Compared to Premier, HealthTrust generates $3.4B less revenue.

Intalere is Premier's #2 competitor. Intalere was founded in 1986, and its headquarters is in Saint Louis, Missouri. Intalere is in the Business Support Services field. Intalere has 1,709 fewer employees than Premier.

MHA is Premier's #3 rival. MHA is headquartered in Florham Park, New Jersey, and was founded in 1989. MHA operates in the Management Consulting Services industry. MHA generates 0.77% the revenue of Premier.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Susan DeVore

CEO

- -
2,200
$760.1M
$3.5B
1

Ed Jones

President & CEO

80/100
250
- -
$64.8M
2

Julius F. Heil

President & CEO

76/100
491
- -
$40M
3

Michael J. Sicilian

President

76/100
102
- -
$26.7M
4

Byron Jobe

President & CEO

81/100
3,050
- -
$714M
5

Mike Kaufmann

CEO

69/100
32,300
- -
$147.7B
6

Brian Tyler

CEO

72/100
78,000
- -
$222B
7

Charles N. Mills

CEO

82/100
20,000
- -
$11.7B
8

Edward A. Pesicka

President & CEO

79/100
5,600
- -
$9.9B
9

Paul M. Black

CEO

72/100
7,500
$112M
$3.5B
10

Brent Shafer

Chairman & CEO

78/100
29,200
- -
$5.6B
The top 10 competitors in Premier's competitive set are HealthTrust, Intalere, MHA, Vizient, Cardinal Health, McKesson, Medline, Owens & Minor, Allscripts and Cerner. Together they have raised over 112.0M between their estimated 159.8K employees. Premier has 2,200 employees and is ranked 8th among it's top 10 competitors. The top 10 competitors average 16,244.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.5B

Premier's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 36.8B. Over the last four quarters, Premier's revenue has decreased by 28.3%. Specifically, in Q3 2019's revenue was $302.4M; in Q2 2019, it was $2.3B; in Q1 2019, it was $422.9M; in Q4 2018, Premier's revenue was $421.9M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Medpricer.com, Inc.

Oct 2019

Source »
$35M
Medpricer is an analytics platform that provides end-to-end purchased services lifecycle management solutions.
Stanson Health Inc.

Nov 2018

Source »
$66.5M
Stanson Health is a developer of clinical decision support solutions for physicians and other healthcare providers.
Innovatix, LLC

Nov 2016

Source »
undisclosed
Innovatix is a provider of group purchasing and consulting services for non-acute healthcare, education and business communities.
Essensa

Nov 2016

Source »
undisclosed
Essensa is a group purchasing organization that offers supply chain management and procurement services for non-acute healthcare providers.
Acro Pharmaceutical Services

Jun 2016

Source »
undisclosed
Acro Pharmaceutical provides utilization and therapy management services.

These are all the companies that Premier has acquired. Premier has acquired 10 companies and its latest acquisition was Medpricer.com, Inc. in Oct 2019. Medpricer is an analytics platform that provides end-to-end purchased services lifecycle management solutions.

Premier Funding History

Since Premier was founded in 1969, it has participated in 1 round of funding. In total Premier has raised $760.1M. Premier's funding round was on Sep 2013 for a total of $760.1M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Sep 2013
$760.1M

Total Funding: $760.1M

Since Premier was founded in 1969, it has participated in 1 round of funding. In total Premier has raised $760.1M. Premier's funding round was on Sep 2013 for a total of $760.1M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

InsightRX develops a cloud-based platform that offers precision drug dosing solutions for clinicians.
$10M
Sep 18, 2019
Series A
-

These are all the companies that Premier has invested in. Premier has invested 10 companies and its latest investment was Medpricer.com, Inc. in Oct 2019. Medpricer is an analytics platform that provides end-to-end purchased services lifecycle management solutions.

Premier News

December 21, 2019Zolmax News

Premier Inc (NASDAQ:PINC) Expected to Post Quarterly Sales of $308.10 Million

Wall Street analysts expect that Premier Inc (NASDAQ:PINC) will report $308.10 million in sales for t... See more »
December 16, 2019Silicon Valley Daily

Premier Awards PartsSource Contract for PartsSource Pro - A Purchased Services Procurement Platform for Clinical Engineering

Enterprise managed service offers evidence-based decision support, cost savings, and process reliabil... See more »
December 10, 2019BioPortfolio

Premier Inc. Exceeds Other Enterprise Resource Planning Software Vendors in Services Satisfaction

KLAS Research names Premier best in overall service satisfaction strategic management skills and imp... See more »
December 2, 2019Seeking Alpha

Premier up 6% on possible sale

See more »
November 25, 2019Spend Matters

Premier Inc. acquires Medpricer, a purchased services procurement solution

Categories: E-Sourcing, M&A, Services and Indirect, Services and Indirect Spend, Services Procurement... See more »
November 13, 2019MedCity News

New Premier collaborative network to bring Walmart-style cost efficiency to healthcare

Group purchasing organization Premier is building a new healthcare network of health systems, employe... See more »
November 12, 2019MarketScreener

Forms Contigo Health to Help Health Systems and Employers Work Better, Together

(marketscreener.com) Jonathan Slotkin, M.D., named Chief Medical Officer of clinically driven endeavo... See more »

Premier Press Releases

October 25, 2019ePRNews

Jubilant Awarded Radiopharmaceutical Group Purchasing Agreement by Premier

The Radiopharma Division of Jubilant Pharma Limited, announced today that under its Radiopharmacies b... See more »
October 10, 2019centralcharts

Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Premier, Inc.

The law firm of Kirby McInerney LLP is investigating potential claims against Premier, Inc. ("Premier... See more »
September 26, 2019centralcharts

PINC) on Behalf of Premier Stockholders and Encourages Premier Investors to Contact the Firm

Bragar Eagel & Squire, P.C. is investigating potential claims against Premier, Inc. (NASDAQ: PINC) on... See more »
September 25, 2019PR Newswire

PINC)

NEW YORK, Sept. 25, 2019 /PRNewswire/ -- Report entitled "A Premier Short" outlines how Premier, Inc.... See more »
September 5, 2019Business Wire

Delivery-Related Maternal Mortalities in the Hospital Decreased by 24% from 2008-2018

CHARLOTTE, N.C.--(BUSINESS WIRE)--Maternal mortalities in the hospital at the time of delivery have d... See more »
August 22, 2019Business Wire

Premier and US Foods to Support Nourish to Flourish K-12 Supply Chain Pilots

SANTA MONICA, Calif.--(BUSINESS WIRE)--inTEAM today announced that Premier and US Foods (NYSE: USFD),... See more »
August 1, 2019Business Wire

Progknowse Announces Partnerships with Three Health Systems

CHARLOTTE, N.C. & TYSONS, Va.--(BUSINESS WIRE)--Progknowse Inc., a precision medicine technology comp... See more »

Premier Videos

November 11, 2019Premier Vimeo Channel

"Meet Dr. Slotkin" on VIMEO

Hear more about Contigo Health from our Chief Medical Officer.Cast: Premier Inc.... See more »
November 7, 2019Premier Vimeo Channel

"Policy Briefing: Drug Shortages are Harming Patients and Breaking Budgets" on VIMEO

Cast: Premier Inc.... See more »
November 7, 2019Premier Vimeo Channel

"Covalent-ContigoHealth_Final_HealthSystems" on VIMEO

Cast: Premier Inc.... See more »
November 7, 2019Premier Vimeo Channel

"Covalent-ContigoHealth_Final_Employers" on VIMEO

Cast: Premier Inc.... See more »
October 25, 2019Premier Vimeo Channel

"VA300 Demo Video" on VIMEO

Cast: Premier Inc.... See more »
October 23, 2019Premier Vimeo Channel

"2019 Breakthroughs Trade Show" on VIMEO

Cast: Premier Inc.... See more »
October 18, 2019Premier Vimeo Channel

"Population Health Collaboration" on VIMEO

Cast: Premier Inc.... See more »

Social Statistics

Headquarters

13034 Ballantyne Corporate Place

Charlotte, North Carolina28277

704-357-0022

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Premier operates as a healthcare alliance that supports hospitals, health systems, physicians and other healthcare providers. Premier was founded in 1969. Premier's headquarters is located in Charlotte, North Carolina, USA 28277. It has raised 760.1M ...

CEO

Premier's CEO, Susan DeVore, currently has an approval rating of 67%. Premier's primary competitors are HealthTrust, Intalere & MHA.

Website

premierinc.com

Frequently Asked Questions about Premier

  1. When was Premier founded?

    Premier was founded in 1969

  2. Who is Premier's CEO?

    Premier's CEO is Susan DeVore

  3. How much revenue does Premier generate?

    Premier generates $3.5B in revenue

  4. How much funding does Premier have?

    Premier has historically raised $760.1M in funding

  5. Where is Premier's headquarters?

    Premier's headquarters is in Charlotte North Carolina, USA

  1. How many employees does Premier have?

    Premier has 2,200 employees

  2. What sector does Premier operate in?

    Premier is in Health Care Services

  3. Who are Premier's competitors?

    Premier's top competitors are HealthTrust, Intalere, MHA

  4. Who has Premier invested in?

    Premier's has invested in companies such as InsightRX
Stay up-to-date with the latest news on Premier