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.
Premier, Inc. issued public-company news centered on its technology-enabled healthcare performance improvement business, including group purchasing, supply chain management, sourcing, contract management, operations and business analytics for healthcare providers.
Recurring updates for PINC covered operating and financial results, capital-structure matters, governance changes, material agreements and shareholder voting matters. Company news also included group purchasing agreements for healthcare customers, leadership changes within Supply Chain Services, sustainability reporting and the completed merger that changed Premier from a public issuer into a wholly owned subsidiary.
Premier's Population Health Management Collaborative (PHMC) achieved impressive results in the Medicare Shared Savings Program (MSSP), with 75% of its accountable care organizations (ACOs) generating savings for the government. Notably, 44% qualified for shared savings payments, surpassing national averages. PHMC ACOs recorded net savings of $716 million over five years, including $323.6 million in 2019. These outcomes reflect a strong commitment to value-based care, essential for redesigning healthcare delivery amid the COVID-19 pandemic.