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PINC Stock Price Correlated With Premier Financials

PINC Stock Price vs. Quarterly
PINC
Income Statement
Cash Flow
Balance Sheet

PINC Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
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Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
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Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

PINC Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

PINC Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
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Long Term Debt, Non-Current Portion:
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Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock.
16,282,424 sh
799,843 sh
5%
$364,076
$31,201
Vanguard Group
14,213,088 sh
199,702 sh
1%
$317,805
$16,517
Pacer Advisors.
5,609,924 sh
2,225,828 sh
66%
$125,438
$52,680
State Street
4,229,721 sh
201,966 sh
5%
$94,577
$7,980
Dimensional Fund Advisors
4,119,483 sh
-52,127 sh
-1%
$92,112
$2,421
Norges Bank
2,293,000 sh
2,293,000 sh
NEW
$51,271
$51,271
Geode Capital Management
2,186,831 sh
73,966 sh
4%
$48,905
$3,472
Goldman Sachs Group
2,121,702 sh
1,235,017 sh
139%
$47,441
$28,377
Morgan Stanley
1,951,160 sh
-1,437,817 sh
-42%
$43,627
-$29,236
Aqr Capital Management
1,616,274 sh
136,681 sh
9%
$36,124
$4,312
Bank Of New York Mellon
1,558,037 sh
317,164 sh
26%
$34,838
$8,160
Allspring Global Investments Holdings
1,445,001 sh
168,719 sh
13%
$32,310
$4,870
Charles Schwab Investment Management
1,413,931 sh
129,813 sh
10%
$31,615
$4,006
First Trust Advisors Lp
1,287,715 sh
65,220 sh
5%
$28,793
$2,509
Renaissance Technologies
1,141,846 sh
-664,090 sh
-37%
$26
-$13
Fort Washington Investment Advisors /Oh/
1,012,994 sh
-67,590 sh
-6%
$22,651
-$582
River Road Asset Management
838,950 sh
-240,538 sh
-22%
$18,759
-$4,450
Voloridge Investment Management
806,438 sh
-190,035 sh
-19%
$18,032
-$3,392
Bank Of America /De/
792,819 sh
-21,432 sh
-3%
$17,725
$219
Northernrp
753,467 sh
81,823 sh
12%
$16,848
$2,409
COMPANY PROFILE
(1) ORGANIZATION AND BASIS OF PRESENTATION

Organization

Premier, Inc. (“Premier” or the “Company”) is a publicly held, for-profit Delaware corporation located in the United States. The Company is a holding company with no material business operations of its own. The Company's primary asset is its equity interest in its wholly owned subsidiary Premier Services, LLC, a Delaware limited liability company (“Premier GP”). Premier GP is the sole general partner of Premier Healthcare Alliance, L.P. (“Premier LP”), a California limited partnership. The Company conducts substantially all of its business operations through Premier LP and its other consolidated subsidiaries. The Company, together with its subsidiaries and affiliates, is a leading healthcare performance improvement company that unites hospitals, health systems, physicians and other healthcare providers to improve and innovate in the clinical, financial and operational areas of their businesses to meet the demands of a rapidly evolving healthcare industry. The Company also provides services to other businesses including food service, schools and universities.

The Company’s business model and solutions are designed to provide its members access to scale efficiencies, spread the cost of their development, provide actionable intelligence derived from anonymized data in the Company’s enterprise data warehouse, mitigate the risk of innovation and disseminate best practices to help the Company’s member organizations and other customers succeed in their transformation to higher quality and more cost-effective healthcare.

The Company, together with its subsidiaries and affiliates, delivers its integrated platform of solutions through two business segments: Supply Chain Services and Performance Services. See Note 19 - Segments for further information related to the Company’s reportable business segments. The Supply Chain Services segment includes one of the largest healthcare group purchasing organization (“GPO”) programs in the United States, supply chain co-management and direct sourcing activities. The Performance Services segment, through its development, integration and delivery of technology with wrap-around service offerings, includes one of the largest clinical and cost analytics and consulting services businesses in the United States focused on healthcare providers. The Company is also expanding its capabilities to more fully address and coordinate care improvement and standardization in the employer, payor and life sciences markets. The Company’s software as a service (“SaaS”) and licensed-based clinical analytics products utilize the Company’s comprehensive data set to provide actionable intelligence to its members and other customers, enabling them to benchmark, analyze and identify areas of improvement across the three main categories of cost management, quality and safety, and value-based care. While leveraging these tools, the Company also combines its consulting services and technology-enabled performance improvement collaboratives to provide a more comprehensive and holistic customer value proposition and overall experience. The Performance Services segment also includes the Company’s insurance management services, the Contigo Health – direct to employer business and the Remitra – electronic invoicing and payables platform.

Acquisitions and Divestitures

Acquisition of Invoice Delivery Service, LP Assets

On March 1, 2021, the Company, through a newly formed consolidated subsidiary, Premier IDS, LLC (“Premier IDS”), acquired substantially all the assets and assumed certain liabilities of Invoice Delivery Services, LP (“IDS”) for an adjusted purchase price of $80.7 million, subject to certain adjustments, of which $80.0 million was paid at closing with borrowings under the Company’s Credit Facility (as defined below).

IDS offers digitization technologies that convert paper and portable document format (“PDF”) invoices to an electronic format to automate, strea

Free historical financial statements for Premier Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 42 quarters since 2013. Compare with PINC stock chart to see long term trends.

Data imported from Premier Inc SEC filings. Check original filings before making any investment decision.