Premier, Inc.

Pandion Optimization Alliance Announces Strategic Acquisition of Vantage GPO Entities

Retrieved on: 
Friday, December 1, 2023

In a strategic move to grow its presence in the Group Purchasing industry, Pandion Optimization Alliance has announced the acquisition of Vantage Purchasing Partners, LLC and Vantage Health Group’s GPO-related assets (“Vantage GPO”), a branch of the enterprise Vantage Healthcare Network.

Key Points: 
  • In a strategic move to grow its presence in the Group Purchasing industry, Pandion Optimization Alliance has announced the acquisition of Vantage Purchasing Partners, LLC and Vantage Health Group’s GPO-related assets (“Vantage GPO”), a branch of the enterprise Vantage Healthcare Network.
  • Group purchasing members from Vantage GPO represent entities with over 2,500 locations across 37 states and have been instrumental in the Premier Inc. network since 1995.
  • This acquisition represents the third GPO acquisition in each of the last three years by Pandion.
  • Pandion’s strategic plan is to see 3X growth through both annual double digit organic growth and additional in-organic growth through merger and acquisition activity.

Typenex® Medical Awarded Histology and Cytology Agreement with Premier, Inc.

Retrieved on: 
Wednesday, December 6, 2023

CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Typenex® Medical LLC, a pioneer in histology and cytology solutions, has been awarded a national group purchasing contract with Premier, Inc. , a leading healthcare improvement company.

Key Points: 
  • CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Typenex® Medical LLC, a pioneer in histology and cytology solutions, has been awarded a national group purchasing contract with Premier, Inc. , a leading healthcare improvement company.
  • This new agreement, effective as of February 1, 2024, allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier.
  • As an accredited diverse supplier, Typenex Medical is proud to deliver dedicated one-on-one customer service and extensive offerings of histology cassettes, inoculation loops, microscope slides, and other related products.
  • With this agreement, Premier members can easily secure enhanced tier pricing and exclusive benefits.

OpusVi Selected by the Arizona Hospital and Healthcare Association (AzHHA) to Supply Nurse Residency Platform to the Arizona Transition to Practice Program

Retrieved on: 
Tuesday, December 5, 2023

OpusVi's nurse residency platform will support the Arizona Transition to Practice program which will serve 480 new graduate nurses and 375 precepting nurses across Arizona as they enter the workforce.

Key Points: 
  • OpusVi's nurse residency platform will support the Arizona Transition to Practice program which will serve 480 new graduate nurses and 375 precepting nurses across Arizona as they enter the workforce.
  • AzHHA and OpusVi are partnering to support a statewide 12-month Arizona Transition to Practice Program to support and develop new nurses, provide evidence-based professional development and address resilience and emergency preparedness.
  • OpusVi's Nurse Residency, Mentorship and Preceptor Program employs best-practice strategies and resources to successfully transition a newly-licensed registered nurse (RN) into a professional role.
  • OpusVi's Nurse Residency Program is delivered via self-directed learning modules, in-person focus groups, experiences on units throughout the healthcare system, interactive exercises and an online community platform.

Dignity Health Global Education Announces Strategic Rebrand to OpusVi

Retrieved on: 
Tuesday, November 14, 2023

PHOENIX, Ariz., Nov. 14, 2023 /PRNewswire/ - Dignity Health Global Education (DHGE), a leading workforce development solutions provider, backed by CommonSpirit Health, Providence Health and Premier, that exclusively enables healthcare systems and organizations to upskill and retain top talent, is announcing its strategic rebrand to OpusVi .

Key Points: 
  • PHOENIX, Ariz., Nov. 14, 2023 /PRNewswire/ - Dignity Health Global Education (DHGE), a leading workforce development solutions provider, backed by CommonSpirit Health, Providence Health and Premier, that exclusively enables healthcare systems and organizations to upskill and retain top talent, is announcing its strategic rebrand to OpusVi .
  • "OpusVi provides healthcare systems the opportunity to offer high-quality, economical continued education, collegiate-level programs and master's programs at scale to their organizations.
  • OpusVi is dedicated to working with its healthcare partners to build transformative workforce solutions by prioritizing scale, trust, impact, innovation, compassion and technology.
  • To learn more about OpusVi, visit our website OpusVi.com and to stay updated on company updates, follow us on LinkedIn .

Traka ASSA ABLOY Added to GPO Contract as an Approved Supplier of Key and Asset Management for Healthcare Networks Nationwide

Retrieved on: 
Tuesday, November 7, 2023

Traka , a leading provider of electronic key and asset management solutions, and part of the ASSA ABLOY Group, is proud to announce its recent GPO contract agreement with Premier, Inc.

Key Points: 
  • Traka , a leading provider of electronic key and asset management solutions, and part of the ASSA ABLOY Group, is proud to announce its recent GPO contract agreement with Premier, Inc.
  • This significant milestone further solidifies Traka's position as an approved supplier of key and asset management systems for healthcare networks across the United States.
  • In addition to key management, Traka's asset management systems offer a holistic approach to safeguarding critical equipment and devices.
  • For more information about Traka and its electronic key and asset management solutions, please visit www.traka.com .

Premier, Inc. Reports Fiscal-Year 2024 First-Quarter Results

Retrieved on: 
Tuesday, November 7, 2023

GAAP net revenue was driven by an increase in Performance Services segment revenue partially offset by a decline in direct sourcing products revenue.

Key Points: 
  • GAAP net revenue was driven by an increase in Performance Services segment revenue partially offset by a decline in direct sourcing products revenue.
  • Adjusted EBITDA of $105.7 million increased 5% from $101.1 million in the prior-year period primarily due to increases in each segment's adjusted EBITDA.
  • During the first three months of fiscal 2024, the company paid aggregate dividends of $25.8 million to holders of its Class A common stock.
  • As previously announced and considering its ongoing strategic review, the company will not be providing fiscal year 2024 guidance at this time.

Body Vision Medical Awarded Agreement with Premier, Inc.

Retrieved on: 
Tuesday, October 31, 2023

CAMPBELL, Calif., Oct. 31, 2023 /PRNewswire/ -- Body Vision Medical, a leader in AI-driven, intraoperative imaging, announced today it was awarded a national "Mobile C-Arms" purchasing agreement with Premier, Inc. for the LungVision system.

Key Points: 
  • CAMPBELL, Calif., Oct. 31, 2023 /PRNewswire/ -- Body Vision Medical, a leader in AI-driven, intraoperative imaging, announced today it was awarded a national "Mobile C-Arms" purchasing agreement with Premier, Inc. for the LungVision system.
  • Effective December 1, 2023, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for Body Vision's LungVision™ AI-powered image-guidance platform for lung nodule biopsy.
  • "This marks an extraordinary opportunity to expand access to LungVision™ real-time intraoperative imaging to Premier's members for the betterment of their patients."
  • Body Vision Medical's LungVision™ system uses artificial intelligence (AI) to transform X-ray images from any C-arm into real-time, intraoperative CT scans.

Premier, Inc. to Report Fiscal 2024 First-Quarter Results and Host Conference Call on November 7, 2023

Retrieved on: 
Wednesday, October 11, 2023

Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 first quarter on Tuesday, November 7, 2023, at approximately 6:30 a.m.

Key Points: 
  • Premier, Inc. (NASDAQ: PINC) today announced that it will release financial results for its fiscal 2024 first quarter on Tuesday, November 7, 2023, at approximately 6:30 a.m.
  • ET.
  • The company will also host a conference call at 8:00 a.m.
  • The live webcast and replay will be available in the Investor Relations section of the company’s website at Events & Presentations .

Dignity Health Global Education and Premier, Inc. Collaborate to Boost Retention, Satisfaction and Reduce Costs Within Healthcare Systems

Retrieved on: 
Tuesday, September 5, 2023

As the demand for healthcare services is rapidly increasing, exceptional patient care hinges on high-quality workforce development training that will equip healthcare professionals with the ability to interpret complex problems and find solutions.

Key Points: 
  • As the demand for healthcare services is rapidly increasing, exceptional patient care hinges on high-quality workforce development training that will equip healthcare professionals with the ability to interpret complex problems and find solutions.
  • DHGE to offer exclusive pricing to Premier's more than 4,350 U.S. hospitals and health systems and approximately 300,000 other providers.
  • We're innovating to solve problems in a thoughtful, human-centered way, which is precisely what we need for healthcare and therefore the health of all people."
  • DHGE prioritizes equipping healthcare systems with an ecosystem that supports operational efficiencies, all while meeting regulatory requirements and aligning with leading credentialing partners.

Premier, Inc. Reports Fiscal-Year 2023 Fourth-Quarter and Full-Year Results

Retrieved on: 
Tuesday, August 22, 2023

* Refer to the supplemental financial information at the end of this release for reconciliation of reported GAAP results to non-GAAP results.

Key Points: 
  • * Refer to the supplemental financial information at the end of this release for reconciliation of reported GAAP results to non-GAAP results.
  • Refer to Supply Chain Services and Performance Services sections below for further discussion on the factors that impacted each segment during the quarter.
  • Adjusted net income of $81.7 million increased 11% from $73.5 million for the same period a year ago.
  • During fiscal 2023, the company paid aggregate dividends of $100.2 million to holders of its Class A common stock.