Exploring Premier’s journey to becoming a private company

Premier Inc., a leading healthcare improvement company, has seen significant growth and success since going public. Let’s take a closer look at the key events and milestones that have shaped Premier’s journey from its initial public offering to its recent buyout.

In September 2013, Premier went public, marking a pivotal moment in the company’s history. This move allowed Premier to expand its reach and attract new investors, fueling its growth and innovation in the healthcare industry.

Over the years, Premier has made strategic acquisitions to enhance its capabilities and offerings. In March 2015, Premier acquired CECity, a leading provider of performance management and quality improvement solutions for healthcare organizations. This acquisition further strengthened Premier’s position as a leader in healthcare improvement.

In October 2017, Premier announced a partnership with IBM Watson Health to leverage cognitive computing capabilities for healthcare data analytics. This collaboration aimed to drive better insights and outcomes for healthcare providers, ultimately improving patient care.

In February 2018, Premier launched a new technology platform, PremierConnect, to provide healthcare providers with advanced analytics and quality improvement tools. This platform has empowered providers to make informed decisions and drive better outcomes for their patients.

In August 2018, Premier acquired Stanson Health, a leading provider of clinical decision support solutions. This acquisition bolstered Premier’s portfolio of healthcare technologies and further solidified its position as a trusted partner for healthcare organizations.

Most recently, in March 2021, Premier announced that it had entered into a definitive agreement to be acquired by private equity firm Hellman & Friedman. This buyout is expected to accelerate Premier’s growth and innovation, allowing the company to continue its mission of improving healthcare delivery and outcomes.

Throughout its journey, Premier has remained committed to driving healthcare transformation and delivering value to its customers. With a focus on innovation, collaboration, and quality improvement, Premier has established itself as a trusted partner for healthcare organizations seeking to enhance their performance and outcomes.

As Premier looks towards the future, the company remains dedicated to its mission of improving healthcare delivery and outcomes for patients across the globe. By continuing to innovate, collaborate, and drive quality improvement, Premier is poised to achieve even greater success in the years to come.