|Bid||36.46 x 800|
|Ask||37.09 x 1200|
|Day's Range||36.78 - 37.12|
|52 Week Range||31.31 - 47.22|
|Beta (3Y Monthly)||0.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.22|
Premier Inc. (PINC), a healthcare improvement company, and Pensiamo Inc., a cognitive supply chain company, have partnered to launch a new pharmaceutical supply chain solution that was co-developed with UPMC, a world-renowned healthcare provider and insurer. CognitiveRx™ is a comprehensive pharmaceutical supply chain solution that predicts, manages and solves for challenges related to drug shortages, inflation, declining reimbursement and other factors impacting the life sciences supply chain. UPMC, which owns Pensiamo, will be the first to implement CognitiveRx to more precisely monitor market demand signals, predict shortage risk and recommend inventory levels that support its ability to insulate patient care from supply disruption.
ProvideGx, LLC, a consolidated subsidiary of Premier Inc. (PINC) and a healthcare improvement company developing a more stable and reliable supply chain for generic drugs in short supply, is collaborating with Fresenius Kabi to help mitigate national shortages of injectable thiamine, lidocaine, diphenhydramine, hydromorphone and morphine sulfate. Fresenius Kabi, a 2018 recipient of the Food and Drug Administration’s (FDA’s) Drug Shortage Assistance Award, is a global healthcare company that is a leading developer, manufacturer and supplier of injectable medicines used in hospitals and clinics to treat patients with critical and chronic conditions.
Premier Inc. (PINC), a leading healthcare improvement company, is exiting its specialty pharmacy business to enhance the company’s focus on the continuing evolution of its core supply chain, enterprise analytics and performance improvement capabilities. On May 6, 2019, certain of Premier’s consolidated subsidiaries entered into a definitive asset purchase and sale agreement with ProCare Pharmacy, L.L.C., a subsidiary of CVS Health Corporation, under which Premier will sell certain assets related to its specialty pharmacy business for $22.5 million, plus up to an additional $20.0 million for inventory, each subject to adjustment. The transaction is expected to close in the current quarter ending June 30, 2019.
Premier Inc. (PINC), a leading healthcare improvement company, has expanded its partnership with Ballad Health, an integrated health system that serves 29 counties across four Southeastern states. Ballad Health will implement Premier’s performance improvement infrastructure and leverage strategic supply chain services to drive high-value care across its enterprise.
Premier Inc. (PINC), a leading healthcare improvement company, named Michael J. Alkire its new President and Craig S. McKasson its new Chief Administrative Officer. Alkire has served as Chief Operating Officer of Premier since 2013. In addition to serving as Chief Administrative Officer, McKasson will retain his role as Senior Vice President, Chief Financial Officer and Treasurer of Premier, as he has since 2013.
Premier Inc. (PINC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
It hasn't been the best quarter for Premier, Inc. (NASDAQ:PINC) shareholders, since the share price has fallen 18% in that time. On the bright side the share price is up over the last half decade. In that time, it...
Premier Inc. (PINC) plans to report fiscal 2019 third-quarter financial results the morning of May 7, 2019, followed by a conference call at 8 a.m. ET to discuss the results. During the conference call, Premier’s management team will review the company’s performance for the three months ended March 31, 2019 and discuss management’s outlook for the remainder of fiscal 2019. The conference call will be webcast live and can be accessed through a link provided on the investor relations page of Premier's website at investors.premierinc.com.
Premier Inc. (PINC), a leading healthcare improvement company, has launched the Bundle of Joy™ campaign to raise the bar on the quality, safety and cost of care for mothers and babies across the U.S. Premier aims to build and deploy new care delivery models using evidence-based guidelines and best practices from around the nation, ultimately scaling proven advancements across the industry. “Our goal for the Bundle of Joy campaign is to ensure mothers and babies are always at the center of care and supported by the latest evidence, the best doctors and the most successful practices.
Healthcare providers are becoming more adept at preventing and treating the top cause of hospital deaths and the most expensive hospital-associated condition: sepsis. An analysis by Premier Inc. found that its member hospitals achieved a 15 percent decline in the incidence of hospital-associated sepsis over the last three years. Premier published the analysis in its latest data-driven report, Margin of Excellence: Lowering the Incidence and Severity of Hospital-Associated Sepsis, which highlights the major opportunities to treat sepsis in the hospital and reduce the frequency and severity of this life-threatening condition.
Premier Inc. (PINC), a leading healthcare improvement company, has been named one of the 2019 World’s Most Ethical Companies® by the Ethisphere® Institute. This year’s recognition marks the 12th straight year that Premier has received the Ethisphere Institute designation.
Premier Inc. (PINC), a leading healthcare improvement company, today released its inflation estimates for contracted and non-contracted pharmaceutical pricing for fiscal year 2020 (July 2019 – June 2020), projecting a 3.8 percent increase in total pharmaceutical costs. This inflation rate is approximately 0.4 percent lower than Premier’s fiscal year 2019 projections. “Premier’s superior pharmacy contracting team has been able to secure industry-leading pricing across our portfolio, saving our members millions over last year’s estimates,” said Michael J. Alkire, Chief Operating Officer, Premier.
Premier Inc. , a leading healthcare improvement company, announced today that its President and CEO, Susan DeVore, and Chief Financial Officer, Craig McKasson, will present at the Raymond James & Associates 40th Annual Institutional Investors Conference on March 5, 2019.
Premier Inc. (PINC), a leading healthcare improvement company, is implementing its enterprise resource planning (ERP) solution, as well as its cost accounting/patient analytics and budgeting/forecasting offerings at University Health System in San Antonio, Texas. A nationally-recognized teaching hospital and network of outpatient healthcare centers, University Health System is expanding its engagement with Premier due to its unique ability to quickly automate and standardize financial and operational processes, and improve performance. Premier’s ERP system is designed specifically for healthcare providers and combines industry-leading supply chain and financial capabilities with robust analytics and data.
Premier Inc. , a leading healthcare improvement company, announced today that its Chief Operating Officer, Mike Alkire, and Chief Financial Officer, Craig McKasson, will present at the 8th Annual Leerink Partners Global Healthcare Conference on Feb.
Bon Secours Mercy Health, one of the nation’s 20 largest health systems, has renewed and expanded its partnership with Premier Inc. (PINC), a leading healthcare improvement company, to support its efforts to further innovate, grow and deliver excellent care. The fifth largest catholic healthcare ministry in the nation serving communities along the east coast and in Ohio and Kentucky, Bon Secours Mercy Health operates 43 hospitals and 1,000 care sites, employing 2,100 physicians.
Analysis reveals wide variation in the number of patients with chronic conditions presenting to the emergency department, with 4.3 million potentially preventable visits; behaviora
ProvideGx, LLC, a subsidiary of Premier Inc. (PINC), a healthcare improvement company developing a more stable and reliable supply chain for generic drugs in short supply, is collaborating with Baxter Healthcare Corporation to make additional generic drugs available for purchase through Premier’s group purchasing organization. Drug shortages have been on the rise for several years, with an estimated 210 drugs currently at risk or not readily available for U.S. hospitals, according to the national database maintained by the American Society of Health System Pharmacists (ASHP). With wide-ranging effects on patient care, drug shortages can add time and expense as providers search for therapeutic alternatives and manage supplies, potentially delaying certain elective surgeries.