Premier

Charlotte, North Carolina, U.S. All United States companies → — Founded 2013 (Note: Some sources indicate 1968 or 1969 for a predecessor or the original formation as a buying group, but the current corporate entity, Premier, Inc., was incorporated in 2013).

Healthcare Analytics / BI Healthcare Conglomerate Revenue Cycle / Billing

Family Medicine Hospital Medicine Internal Medicine

Practice Management & Scheduling Prior Authorization

Acquired (taken private by Patient Square Capital in November 2025) — $2.6 billion (acquisition value by Patient Square Capital) (Note: Historically, Premier raised $760.1 million in funding as a public company).

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Premier Inc.

Practice Management & Scheduling

ReviewAssist by Premier Inc. is an AI tool designed to automate and streamline the prior authorization process for healthcare providers.

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About Premier

Premier, Inc. is a leading technology-driven healthcare improvement company that plays a critical role in the rapidly evolving healthcare industry. It unites providers, suppliers, and payers to enhance healthcare delivery through national scale, actionable intelligence, and novel technologies. Premier offers integrated data and analytics, collaboratives, supply chain solutions, advisory services, and other solutions to improve the health of communities.

For physicians, Premier’s solutions are designed to optimize performance, enhance patient care, and drive financial sustainability. The company leverages AI and analytics to integrate evidence-based guidance directly into clinical workflows, offering tools for care transformation, margin improvement, supply chain optimization, and workforce management. Their PINC AI™ platform, built on over 20 years of cost, quality, and operational data from a significant portion of U.S. hospital discharges and patient encounters, provides actionable intelligence to improve outcomes and support financial performance. Premier also offers a Physician Enterprise Advisory Practice that combines data-driven performance management technology, embedded advisors, and national peer benchmarks to help health systems and medical groups boost access, capacity, and revenue.

Premier emphasizes the responsible application of AI in healthcare, focusing on readiness, operational alignment, and continuous measurement to ensure meaningful adoption at the bedside. They work with organizations to redesign clinical pathways, conduct bias mitigation and safety audits, and provide change-management support. Premier’s AI-powered tools are utilized for clinical decision support, optimizing risk adjustment and reimbursement accuracy through precision coding and documentation, and enhancing supply chain visibility and efficiency.

Focus Areas

healthcare improvement supply chain solutions data and analytics advisory services clinical decision support performance improvement AI in healthcare value-based care workforce management margin improvement care transformation

Business Intelligence

Key Investors	Patient Square Capital
Partnerships	McLaren Health Care, Prestige Ameritech, CHRISTUS Health, Kreg Therapeutics, Bluesight, Palantir Technologies, Microsoft, Databricks, TFS HealthScience
Acquisitions	Stanson Health (2019), Medpricer (2019), IllumiCare (2025), Nexera (2020), Acurity (2020), Conductiv Software (2019), Essensa (2016), Acro Pharmaceutical Services (2016), Healthcare Insights (2015), CECity (2015), S2S GLOBAL (2015), TheraDoc (2014)
Technology	PINC AI™ platform, cloud-native, AI-powered decision intelligence platform, integrated data and analytics, leverages Palantir Technologies for operational AI, Databricks for unified data platform, Microsoft for cloud infrastructure

What Physicians Need to Know

Healthcare Improvement & Performance Optimization

Premier partners with healthcare providers to address rising costs, workforce shortages, and operational inefficiencies. Their data-driven, technology-powered solutions help hospitals and health systems optimize performance, enhance patient care, and drive financial sustainability. They offer rapid assessments to pinpoint areas for improvement and deliver actionable insights. Premier's Clinical Transformation Advisory Practice helps health systems redesign care delivery, optimize workforce and pharmacy performance, and achieve measurable results.

Supply Chain Solutions

Premier provides AI-driven supply chain solutions that go beyond traditional purchasing models to deliver efficiency, cost savings, and resilience. Their Group Purchasing Organization (GPO) offers access to a large contract portfolio for flexible, cost-saving purchasing options. They leverage AI for real-time insights and streamlined procurement, and offer expert-led strategies to enhance efficiency and reduce waste. Premier's supply chain experts offer guidance on expense reduction, inventory management, clinical engagement, and operational improvement strategies.

Data and Analytics

Premier offers integrated data and analytics solutions. Their Premier Healthcare Database (PHD) is a comprehensive electronic healthcare data repository, integrating clinical and quality datasets from over 1,400 hospitals and healthcare systems, with access to 320 million patient records. This database includes various data types such as chargemaster, EHR, administrative claims, and purchasing data. They utilize AI-powered machine learning and natural language processing to process data and identify patterns, integrating new data in real-time for critical decision-making.

Advisory Services

Premier provides expert advisory services across clinical, operational, and financial areas. Their advisory teams help providers navigate value-based care models, optimize financial performance, and transform care delivery. Premier's advisory practice has been recognized with the Modern Healthcare's Best in Business award in the Consultants: Healthcare Management category for multiple years.

Clinical Decision Support (CDS)

Premier's Stanson Health platform delivers real-time, evidence-based recommendations directly into provider workflows to improve clinical decision-making, enhance care quality, and reduce unnecessary costs. It leverages data analytics and machine learning to analyze patient data and clinical guidelines. The platform helps avoid unnecessary tests and interventions, supports value-based reimbursement models, and provides real-time value analysis (clinical efficacy vs. real cost).

AI in Healthcare

Premier integrates AI across its solutions, including advanced analytics, clinical decision support, supply chain optimization, and workforce management. Their AI-powered tools are used for precision coding and documentation, risk adjustment, real-time insights in supply chain, and data-driven staffing decisions. Premier also leads an Artificial Intelligence Collaborative to accelerate responsible and effective AI adoption in healthcare.

Value-Based Care

Premier assists providers in transitioning to value-based care models, focusing on improved patient outcomes and financial sustainability. They offer data-driven strategies, precision coding and documentation tools, advanced analytics, and expert advisory services to maximize success in alternative payment models. Premier's advisory team has received the Best in KLAS designation for Value-Based Care Consulting multiple times.

Workforce Management

Premier's workforce solutions help healthcare organizations align staffing with demand, optimize labor costs, and improve staff satisfaction. They provide AI-powered workforce analytics for data-driven staffing decisions and offer expert advisory services for strategic workforce planning. Their solutions aim to reduce labor costs, increase workforce stability, and enhance employee engagement.

Margin Improvement

Premier enables providers with technology-driven financial strategies to identify new revenue streams, eliminate inefficiencies, and improve profitability. Their AI-powered financial solutions include automated procure-to-pay processes and real-time coding and documentation accuracy. They offer data-driven margin improvement advisory services to enhance financial stability and growth.

Care Transformation

Premier helps revolutionize care delivery through AI-driven insights and expert advisory services, integrating benchmarking, predictive intelligence, and evidence-based decision support directly into workflows. Their solutions aim to improve clinical outcomes, operational efficiency, and provide data-driven insights for better patient management.

Physician Tip

Premier stands out for physicians by providing real-time, evidence-based clinical decision support (CDS) directly within their EHR workflows, helping them make informed, cost-effective decisions without disrupting their clinical process. Their AI-powered tools assist with precision coding and documentation, improving accuracy and reimbursement. Premier's solutions also aim to reduce clinical variation, improve adherence to best practices, and enhance quality outcomes. Furthermore, their workforce management solutions can contribute to optimized staffing, potentially leading to better work-life balance and improved staff satisfaction.

Premier's clinical decision support platform, Stanson Health, is seamlessly integrated with electronic health records (EHRs) via a lightweight, non-intrusive ribbon overlay, and is compatible with over 50 EMR systems. They also integrate various data from disparate systems, including ERP, HR, payroll, clinician, lab, OR, and billing systems, to create actionable insights. Premier's technology strategy is built on integrating best-in-class cloud, data, analytics, and AI technologies. They leverage platforms like Databricks Data Intelligence Platform and AI/BI Genie for enhanced analytics capabilities and seamless data integration.

At a glance

Founded 2013 (Note: Some sources indicate 1968 or 1969 for a predecessor or the original formation as a buying group, but the current corporate entity, Premier, Inc., was incorporated in 2013).

HQ Charlotte, North Carolina, U.S. · United States

Team size Approximately 2,462 (as of November 2025) to 5,052 (as of March 2026). Other sources indicate 2,800 (2023), 2,600, or 4,549 (December 2025).

CEO Emad Rizk, M.D.

Funding Acquired (taken private by Patient Square Capital in November 2025) — $2.6 billion (acquisition value by Patient Square Capital) (Note: Historically, Premier raised $760.1 million in funding as a public company).

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Premier Inc.

Practice Management & Scheduling

ReviewAssist by Premier Inc. is an AI tool designed to automate and streamline the prior authorization process for healthcare providers.

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Press & Coverage

Premier Inc. Newsroom

Premier Launches Large-Scale, Multi-Year Technology Investment Program to Build an Intelligent Healthcare Supply Chain of the Future

Premier Inc. announced a significant multi-year technology investment to create an AI-powered decision intelligence platform for the healthcare supply chain, partnering with Palantir Technologies, Microsoft, and Databricks. This initiative aims to enhance efficiency, resilience, and performance for healthcare organizations.

2026-02

Premier Inc. Newsroom

Premier, Inc. Expands Clinical Decision Support (CDS) Capabilities with Acquisition of IllumiCare

Premier Inc. acquired IllumiCare, a healthcare technology firm, to expand its clinical decision support capabilities. IllumiCare's platform integrates clinical and financial data at the point of care to help providers make better decisions and improve financial performance.

2025-06

Premier Inc. Newsroom

Premier, Inc. Announces Definitive Agreement to Be Acquired by Patient Square Capital in Transaction Valued at $2.6 Billion

Premier Inc. entered into a definitive agreement to be acquired by an affiliate of Patient Square Capital for $2.6 billion, taking the company private. This acquisition is expected to provide Premier with additional resources to accelerate its product portfolio and innovation.

2025-09

Premier Inc. Newsroom

Premier, Inc. Stockholders Overwhelmingly Approve Acquisition by Patient Square Capital

Premier Inc. stockholders overwhelmingly approved the acquisition of the company by an affiliate of Patient Square Capital. Approximately 99% of shares voted were in favor of the $2.6 billion transaction.

2025-11

PR Newswire

Andor Health, the Provider of Agentic AI Software Infrastructure for Healthcare, Awarded National Group Purchasing Agreements with Premier, Inc.

Andor Health was awarded three national group purchasing agreements with Premier Inc. for Virtual Care, Clinical Communications & Collaboration, and Remote Patient Monitoring, leveraging its AI-powered infrastructure.

2026-02

Premier Inc. Newsroom

Premier Responds to CMS Notice on Incentives for Procurement of US-Manufactured Medical Supplies by Hospitals

Premier submitted comments to CMS regarding proposed rules to strengthen the US healthcare supply chain, advocating for policies that expand domestic manufacturing and incentivize the purchase of US-made medical products.

2026-03

Am J Health Syst Pharm.

Lower mortality risk associated with remdesivir plus corticosteroids vs corticosteroids alone for the treatment of patients hospitalized with SARS-CoV-2 infection in the early and later Omicron periods.

A comparative effectiveness study by Premier Applied Sciences found lower mortality risk with remdesivir plus corticosteroids compared to corticosteroids alone for hospitalized SARS-CoV-2 patients during the Omicron periods.

2026-04

Premier Inc. Newsroom

Premier names Emad Rizk as president, CEO

Premier, Inc. appointed Emad Rizk, M.D., as its new Chief Executive Officer, President, and Chairman of the Board.

2026-05

Frequently Asked Questions

How does Premier's supply chain solution directly benefit my organization in terms of cost savings and efficiency?

Premier's supply chain solutions leverage the aggregated purchasing power of its members to negotiate favorable pricing on medical products and services. This can lead to significant cost savings, while also streamlining procurement processes and improving inventory management through data-driven insights and technology platforms.

What specific data and analytics capabilities does Premier offer to help improve clinical outcomes and operational performance?

Premier provides a robust suite of data and analytics tools that integrate clinical, financial, and operational data. These capabilities offer actionable insights to identify variations in care, benchmark performance against peers, and pinpoint areas for improvement in patient safety, quality, and efficiency.

How does Premier support healthcare organizations in their transition to value-based care models?

Premier offers comprehensive support for value-based care, including advisory services, population health management tools, and performance improvement methodologies. They help organizations develop strategies, optimize care pathways, and manage risk to succeed in alternative payment models and improve patient outcomes.

What role does AI play in Premier's offerings, particularly in areas like clinical decision support and workforce management?

Premier integrates AI and machine learning into various solutions to enhance clinical decision support, predict patient deterioration, and optimize resource allocation. For workforce management, AI can help forecast staffing needs, identify burnout risks, and improve scheduling efficiency, ultimately leading to better patient care and staff satisfaction.

Can Premier's advisory services assist my organization with specific challenges like margin improvement or care transformation?

Yes, Premier's advisory services are designed to address critical challenges such as margin improvement, care transformation, and operational efficiency. Their experts provide tailored strategies, best practices, and implementation support to help organizations achieve sustainable financial health and adapt to evolving healthcare landscapes.

How does Premier ensure compliance with healthcare regulations and what support do they offer in this area?

Premier provides resources and expertise to help members navigate complex healthcare regulations and ensure compliance. This includes guidance on quality reporting, patient safety initiatives, and adherence to industry standards, helping organizations mitigate risks and maintain regulatory integrity.

What kind of partnerships does Premier foster, and how do these partnerships benefit member organizations?

Premier fosters a broad network of partnerships with healthcare providers, suppliers, and technology innovators. These collaborations enable members to access cutting-edge solutions, share best practices, and collectively influence healthcare policy and market dynamics, ultimately driving industry-wide improvement.

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