STOCK TITAN

Premier, Inc. - $PINC STOCK NEWS

Welcome to our dedicated page for Premier news (Ticker: $PINC), a resource for investors and traders seeking the latest updates and insights on Premier stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Premier's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Premier's position in the market.

Rhea-AI Summary

Premier, Inc. (PINC) has partnered with AstraZeneca in Uncover CKD - Care Collective to improve diagnosis and care for chronic kidney disease (CKD). The initiative aims to address the high number of undiagnosed CKD patients in the U.S. through real-world data and AI-powered technologies. With over 37 million adults in the U.S. having CKD, the partnership seeks to lower healthcare costs and improve patient outcomes by leveraging Premier's PINC AI™ technology and services platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Premier, Inc. (NASDAQ: PINC) reported fiscal-year 2024 third-quarter results with total net revenue of $342.6 million, reflecting a 6% growth over the prior-year period. The company experienced a GAAP net loss of $49.2 million, and adjusted earnings per share remained flat at $0.55. Premier executed a $400 million accelerated share repurchase transaction during the quarter and reaffirmed its fiscal 2024 financial guidance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.32%
Tags
-
Rhea-AI Summary

Premier, Inc. (NASDAQ: PINC) declares a quarterly cash dividend of $0.21 per share of Class A common stock. The dividend will be payable on June 15, 2024, to stockholders of record as of June 1, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
dividends
Rhea-AI Summary
Premier's PINC AI™ and Fortune have named the nation's 100 Top Hospitals®, recognizing hospitals with superior performance and efficiency. The analysis shows significant potential savings in costs and lives if all hospitals matched the top performers. The program aims to inspire improvement in patient care and outcomes, using unbiased data to set performance standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
AI
-
Rhea-AI Summary
Premier, Inc. (PINC) will report its fiscal 2024 third-quarter results on May 7, 2024, followed by a conference call to discuss the financial performance. The webcast and replay will be available on the company's website for one year. Investors can also join the call via telephone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
conferences earnings
-
Rhea-AI Summary
Premier, Inc. (PINC) management team to participate in a fireside chat at the Barclays Global Healthcare Conference. Live audio webcast and replay details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
conferences
Rhea-AI Summary
PINC AI™, the technology and services brand of Premier, Inc., announced the nation’s 50 Top Cardiovascular Hospitals™. The program identified hospitals with better outcomes, lower costs, and higher efficiency compared to peers, potentially saving lives and costs. The study's analysis revealed significant improvements in survival rates, complications, readmission rates, and costs per patient case. If all hospitals performed at this level, thousands of deaths could be prevented, complications reduced, and billions saved in inpatient costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
AI
-
Rhea-AI Summary
PINC AI™ Applied Sciences and Datavant expand collaboration to enhance clinical trial operations and increase trial diversity, aiming to accelerate the development of novel therapies and products for improved patient outcomes. Leveraging real-world data and evidence, the partnership aims to provide deeper insights into the benefits and risks of medical interventions in real-world settings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
-
Rhea-AI Summary
Premier, Inc. (PINC) authorizes a $1.0 billion share repurchase program and an accelerated share repurchase (ASR) transaction of $400 million. The company plans to seek partners to take ownership of some or all of its holdings in Contigo Health and S2S Global. The Board has concluded its exploration of strategic alternatives and approved the divestiture of its non-healthcare group purchasing organization (GPO) operations to focus on its healthcare businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
Tags
none
Rhea-AI Summary
Premier, Inc. (PINC) reported financial results for the fiscal-year 2024 second quarter, showing a decrease in net revenue, net income, and diluted earnings per share. The company's Board of Directors has approved a new $1.0 billion share repurchase authorization to unlock value for stockholders. Premier's strategic focus will be on automating and streamlining the supply chain and leveraging unique data, technologies, and AI capabilities to support provider performance improvement and growth in certain adjacent markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
Tags
Premier, Inc.

Nasdaq:PINC

PINC Rankings

PINC Stock Data

2.35B
118.64M
0.86%
76.91%
3.7%
Dental Laboratories
Manufacturing
Link
United States of America
CHARLOTTE

About PINC

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.