Susan Devore - Premier CEO

PINC Stock  USD 23.16  0.32  1.40%   

CEO

Ms. Susan D. DeVore serves as Chief Executive Officer, Director of Premier, Inc. Ms. DeVore has served as the President and Chief Executive Officer and as a member of the Board of Directors of Premier since May 2013. She has served in the same positions at PHSI and the general partner of Premier LP and also as a member of the board of directors of PHSI since 2009. She also served as a member of the board of managers of Premier Plans from 2009 to 2013. Ms. DeVore served as the Chief Operating Officer of PHSI from 2006 to 2009 and as the Chief Operating Officer for a number of other Premier entities from 2007 to 2009. Ms. DeVores previous executive experience includes over 20 years at Ernst Young LLP, where she served as a Senior Healthcare Industry Management Practice Leader. Since February 2018, she has served as a member of the board of directors and the audit committee of Unum Group, a NYSElisted company that provides financial protection benefits in the United States and the United Kingdom. Ms. DeVore also serves as a member of the board of directors or as a member of the following nonprofit and statebased organizations Healthcare Leadership Council, Coalition to Protect Americas Healthcare, Medicare Rights Center, Charlotte Chamber of Commerce, the Institute of Medicine Roundtable on Value and Science Driven Healthcare and UNC Charlotte. Ms. DeVore also serves as a nonvoting member of the audit and finance committees of the board of directors of Adventist Health System since 2019.
Age 65
Tenure 5 years
Address 13034 Ballantyne Corporate Place, Charlotte, NC, United States, 28277
Phone704 357 0022
Webhttps://www.premierinc.com
DeVore obtained a bachelor’s degree from the University of North Carolina at Charlotte and a Master of Management from McGill University. We believe Ms. DeVore’s qualifications to serve on our Board of Directors include her approximately 33 years of experience in senior positions involving hospital strategy, largescale operations transformation, quality improvement and financial management.

Premier Management Efficiency

The company has return on total asset (ROA) of 0.0446 % which means that it generated a profit of $0.0446 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.064 %, meaning that it created $0.064 on every $100 dollars invested by stockholders. Premier's management efficiency ratios could be used to measure how well Premier manages its routine affairs as well as how well it operates its assets and liabilities. At present, Premier's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Premier's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.05, whereas Total Assets are forecasted to decline to about 2.5 B.
Premier currently holds 126 M in liabilities with Debt to Equity (D/E) ratio of 0.22, which may suggest the company is not taking enough advantage from borrowing. Premier has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Premier's use of debt, we should always consider it together with its cash and equity.

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Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina. Premier Inc operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 2600 people. Premier (PINC) is traded on NASDAQ Exchange in USA. It is located in 13034 Ballantyne Corporate Place, Charlotte, NC, United States, 28277 and employs 2,900 people. Premier is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Premier Leadership Team

Elected by the shareholders, the Premier's board of directors comprises two types of representatives: Premier inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Premier. The board's role is to monitor Premier's management team and ensure that shareholders' interests are well served. Premier's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Premier's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Brailo, Chief Officer
Ben Krasinski, Director Relations
Lisa Benna, Chief Officer
Kaycee Kalpin, Chief Officer
Laurie Graham, Chief Staff
Susan Devore, CEO and President Director and Member of Member Agreement Review Committee
Leigh Anderson, Senior Vice President CIO
Michael Alkire, CEO President
Crystal Climer, Senior Officer
Angeline McCabe, VP Relations
Joseph Machicote, Chief Officer
Bruce Radcliff, Senior Chain
Glenn CPA, CFO Officer
Craig CPA, Executive Advisor
Craig Mckasson, CFO and Sr. VP
David JD, General Counsel
PharmD JD, Senior Affairs
David Hargraves, Senior President - Supply Chain
Andy Brailo, Chief Officer

Premier Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Premier a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Premier. If investors know Premier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Premier listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.877
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
12.155
Quarterly Revenue Growth
(0.08)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Premier's market value can be influenced by many factors that don't directly affect Premier's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.