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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, 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.
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.
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