Premier Stock Price, News & Analysis

Premier, Inc. (NASDAQ: PINC) announced participation in the 40th Annual J.P. Morgan Healthcare Conference on January 11, 2022, with a formal presentation at 4:30 p.m. EDT. The company will release its fiscal 2022 second-quarter financial results on February 1, 2022, at approximately 6:30 a.m. EDT, followed by a conference call at 8:00 a.m. EDT. Investors can access the live webcast of both events via the company’s website. Premier, Inc. focuses on healthcare improvement, connecting over 4,400 U.S. hospitals and health systems to enhance care and reduce costs.

Premier, Inc. (NASDAQ: PINC) reported its fiscal 2022 first-quarter results ending September 30, 2021. Total net revenue rose by 5% to $365.1 million compared to $346.9 million last year. The Supply Chain Services segment grew by 9%, while Performance Services revenue fell by 5%. GAAP net income decreased 23% to $121.3 million, and diluted earnings per share dropped 18% to $0.97. Adjusted EBITDA increased by 10% to $121.7 million. The company generated $55.2 million in cash flow from operations and repurchased 1.1 million shares for $42.6 million. A quarterly dividend of $0.20 per share was declared.

Premier, a technology-driven healthcare improvement company, will host its 2021 Virtual Investor Day on November 17, 2021, from 9 a.m. to 11 a.m. ET. The event will include presentations from top executives, including CEO Michael J. Alkire and other key leaders. Attendees can access the live webcast via the company’s website, starting 10 minutes before the event. A replay will be available after the broadcast. Premier connects over 4,400 hospitals in the U.S., utilizing integrated data and analytics to improve healthcare delivery and outcomes at lower costs.

Premier (NASDAQ: PINC) has partnered with Pipeline Health to enhance operational efficiency across its seven hospitals. The collaboration, effective early 2022, will utilize Premier's supply chain services and technologies, including its PINC AI™ technology, to optimize performance and identify cost savings. Pipeline Health aims to improve patient care through this partnership, with expected benefits in supply chain innovation and contract risk reduction. Financial terms were undisclosed, and this agreement is not anticipated to materially impact Premier's fiscal year 2022 results.

Premier, a technology-driven healthcare improvement company, announced a cash dividend of $0.20 per share for its Class A common stock. This dividend is payable on December 15, 2021, to shareholders who are on record by the close of business on December 1, 2021.

With over 4,400 U.S. hospitals and 225,000 healthcare providers in its alliance, Premier focuses on improving healthcare outcomes through data analytics, supply chain solutions, and consulting services.

Premier, Inc. (NASDAQ: PINC) will announce its fiscal 2022 first-quarter financial results on November 2, 2021, at 6:30 a.m. EDT. A conference call to discuss these results is set for 8:00 a.m. EDT, with live webcasting available. Domestic participants can join the call at (877) 317-6789, while international participants can dial (412) 317-6789. Premier connects over 4,400 hospitals and health systems across the U.S., focusing on data and analytics to improve healthcare outcomes and reduce costs.

Premier Inc. (NASDAQ: PINC) will participate in the 2021 Cantor Virtual Global Healthcare Conference on September 30, 2021, at 8:00 a.m. ET. Members of the management team will engage in a fireside chat during the event. A live audio webcast and replay will be accessible on the company’s website.

Premier is a leading healthcare improvement company that collaborates with over 4,400 U.S. hospitals and health systems to enhance care quality and reduce costs through data analytics and supply chain solutions.