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Premier’s PINC AI™ Receives 2024 Best in KLAS Award for Value-Based Care Consulting

Charlotte, N.C., February 7, 2024 ─ The PINC AIAdvisory team, a division of Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement and technology company, has been awarded the 2024 Best in KLAS designation for Value-Based Care Consulting. Announced in the 2024 Best In KLAS Awards: Software & Services Report, the award is based on feedback from thousands of healthcare providers KLAS interviews every year. Premier was previously awarded this Best in KLAS designation in 2023 and 2022, as well as in 2016 and 2017.

Working with hundreds of hospitals, health systems and other providers, Premier’s PINC AI Advisory team has been a recognized leader in enabling clinicians to succeed in value-based care models such as accountable care organizations (ACOs). The PINC AI Advisory team offers a broad range of clinical, financial and operational consulting services, as well as market-leading strategic and performance improvement collaboratives. Its Population Health Management Collaborative and Bundled Payment Collaborative have helped customers achieve superior quality outcomes and shared savings.

The team of value-based care subject matter experts at Premier leverage regularly-updated, claims-based analytics and benchmarking tools with more than 2.2 million lives. Premier consultants utilize insights from this data to provide in-depth understanding of performance improvement opportunities based on comparative benchmarks and a proven performance improvement methodology.

The PINC AI Advisory team also uses tools and forums to rapidly share best practices by networking hundreds of hospitals, health systems and physician groups through its Population Health Management Collaborative and Bundled Payment Collaborative.

“Once again, we are honored to be recognized by KLAS for delivering innovative solutions and services, all of which support our mission to improve the health of communities,” said Leigh Anderson, Premier’s President of Performance Services and the leader of PINC AI. “I’m proud of this team’s dedication to helping our members prepare for and implement sustainable approaches for success in value-based care and population health payment models. It is critical for the future of our members and this recognition reaffirms that Premier’s PINC AI solutions continue to make a difference in communities across the nation.”

“The Best in KLAS awards are based on extensive feedback and evaluations from healthcare professionals across the nation,” said Adam Gale, CEO of KLAS Research. “Winning a Best in KLAS award demonstrates the trust and confidence that healthcare providers place in the winners, and it also helps validate each vendor’s commitment to innovation, quality and customer satisfaction. We are proud to recognize 2024’s Best in KLAS award winners!”

The Best in KLAS designation is awarded only in services market segments that have the broadest operational and clinical impact on healthcare organizations. KLAS Research will present the award at the Best in KLAS Awards Show on March 11, 2024.

Premier, Inc. Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts, including but not limited to those related to Premier’s ability to advance its long-term strategies and develop innovations for and transform healthcare, and the intended or expected performance or utility of Premier’s and PINC AI’s products and services, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause performance or achievements to be materially different from historical results or from any future performance or achievements expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements. More information on risk factors relating to Premier and its products and services is included from time to time in the “Cautionary Note Regarding Forward-Looking Statements,” “Risk Factors,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic filings with the SEC, which are also made available on Premier’s website at Forward-looking statements speak only as of the date they are made, and Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events that occur after that date, or otherwise.

About the PINC AI™ Platform

PINC AI is the technology and services platform of Premier, Inc. (NASDAQ: PINC). With more than 20 years’ worth of cost, quality and operational data gleaned from 45 percent of U.S. hospital discharges, 2.7 billion hospital outpatient and clinic encounters and 177 million physician office visits, the PINC AI platform provides actionable intelligence to help improve outcomes, support improved financial performance and enable success in new, alternative payment models. PINC AI incorporates the 100 Top Hospitals ® Program that inspires hospital and health system leaders to pursue higher performance and deliver added value to their patients and communities. PINC AI offerings rely on advanced analytics to identify improvement opportunities; support award-winning Strategic Collaboratives for value-based care, maternal and infant health, workforce innovation, and health equity; and consulting services for clinical and operational design, and workflow solutions to hardwire sustainable change. The PINC AI platform is also the data engine powering Premier’s newest brands – Remitra® and Contigo Health®. With a leading network of provider organizations, the PINC AI platform accelerates ingenuity and serves as a large-scale innovation catalyst in healthcare. PINC AI offerings and capabilities can be followed on Twitter and LinkedIn.

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