Premier, Inc. (PINC)

37.35 -0.34 (-0.90%) At close: 04:00PM EST

Premier, Inc.

13034 Ballantyne Corporate Place
Charlotte, NC 28277
United States
704 357 0022
https://www.premierinc.com

Sector(s): Healthcare
Industry: Health Information Services
Full-time employees: 2,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael J. Alkire	Pres, CEO & Director	2.91M	N/A	1963
Mr. Craig Steven McKasson	Chief Admin. Officer, CFO, Sr. VP & Treasurer	1.73M	N/A	1967
Mr. David L. Klatsky J.D.	Gen. Counsel	1.09M	N/A	1962
Ms. Susan Dodson DeVore	Advisor	3.71M	1.58M	1959
Mr. Leigh T. Anderson	Pres of Performance Services	1.09M	N/A	1967
Mr. David Alfred Hargraves	Sr. VP of Supply Chain	856.38k	N/A	1969
Ms. Angeline C. McCabe	VP of Investor Relations	N/A	N/A	N/A
Mr. Blair Childs	Sr. VP of Public Affairs	N/A	N/A	N/A
Ms. Lindsay A. Powers	Sr. VP of People	N/A	N/A	N/A
Mr. Andy Brailo	Chief Customer Officer	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and document shredding. The segment is also involved in the provision of the ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices; SURPASS Collaborative service; STOCKD, an e-commerce platform; and PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, to manage a value-based care reimbursement model, and support their regulatory reporting framework; performance improvement collaboratives; and consulting and insurance management services, such as creation and management of health benefit programs under Contigo Health brand, as well as health systems and suppliers cost management solutions under Remitra brand. This segment's PremierConnect solutions are organized into six areas, such as Quality & Regulatory, Clinical Surveillance & Safety, Supply Chain & ERP, Operations, Enterprise Analytics, and Clinical Decision Support domains. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.

Corporate governance

Premier, Inc.’s ISS governance QualityScore as of 26 September 2021 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.