Premier, Inc.

Last updated

Premier, Inc.
Company type Public
Founded2013;12 years ago (2013)
Headquarters Charlotte, North Carolina, U.S.
Key people
Michael J Alkire (CEO) [1] [2]
RevenueDecrease2.svg US$1.336 billion (2023)
Decrease2.svg US$174.887 million (2023)
Number of employees
2,800 (2023)
Website premierinc.com

Premier, Inc. is an American healthcare company headquartered in Charlotte, North Carolina, and listed on the Nasdaq. Initially, it was a hospital buying group, pooling healthcare purchases to reduce prices. [3]

Premier became a public company via an initial public offering in September 2013, raising $760 million. [4] In 2019, two years after acquiring Stanson Health for $51.5 million, it bought the healthcare technology firm Medpricer for $35 million. [5]

In 2020, Premier partnered with McLaren Health Care to acquire a minority stake in Prestige Ameritech, a manufacturer of personal protective equipment (PP). [6] The following year, Michael J Alkire was appointed as the CEO of the company. [1]

In 2025, the company agreed to be taken private by an affiliate of Patient Square Capital, an investment management firm, in a $2.6 billion deal. [7] The transaction was completed on November 25, 2025. [8]

Awards

References

  1. 1 2 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. ↑ "Premier shares jump after IPO raises $760M". San Diego Union-Tribune. 26 September 2013. Retrieved 23 September 2025.
  5. ↑ Hudson, Caroline (30 October 2019). "Charlotte-based Premier Inc. acquires health-care tech firm in $35M deal". Charlotte Business Journal.
  6. ↑ "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.
  7. ↑ "Healthcare firm Premier to go private in $2.6 billion deal". Reuters. 22 September 2025. Retrieved 23 September 2025.
  8. ↑ "Patient Square Capital Completes Acquisition of Premier, Inc". MarketScreener. Retrieved 3 December 2025.
  9. ↑ "John M. Eisenberg Patient Safety and Quality Award Recipients Announced" (Press release). The National Quality Forum. 7 April 2016.
  10. ↑ "BETTER WELL-BEING STARTS WITH BETTER ENGAGEMENT" (PDF). Cigna. 2022. Archived from the original (PDF) on 1 July 2022.
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