Premier to sell non-healthcare operations for $800 mln
June 14, 2023 at 04:35 pm EDT
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June 14 (Reuters) - Premier Inc said on
Wednesday it has agreed to sell certain non-healthcare
operations to Omnia Partners for about $800 million in cash.
(Reporting by Raghav Mahobe in Bengaluru; Editing by Krishna
Chandra Eluri)
Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 United States hospitals and health systems and approximately 300,000 other providers and organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment includes the Companyâs group purchasing organizations (GPO), supply chain co-management, purchased services, and direct sourcing activities. The Performance Services segment consists of three sub-brands, which include PINC AI, the Companyâs technology and services platform; Contigo Health, the Companyâs direct-to-employer business; and Remitra, the Companyâs digital invoicing and payables business. It delivers technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service (SaaS) as well as clinical and enterprise analytics licenses, consulting services, and third-party administrator services.
PREMIER, INC. 
