Premier (PINC) Reports Acquisition of Acurity and Nexera Businesses from Greater New York Hospital Association

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Premier Inc. to Acquire Acurity and Nexera Businesses from the Greater New York Hospital Association

February 4, 2020 7:03 AM EST

Acurity Purchase Secures Significant Long-Term Member Relationships

Nexera Purchase Accelerates Premiers End-to-End Supply Chain Strategy With Industry-Leading Consulting and Co-management Capabilities

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, today announced that it has entered into a definitive agreement to acquire substantially all the assets and certain liabilities of Acurity, Inc. and Nexera, Inc., two indirect wholly owned subsidiaries of the Greater New York Hospital Association (GNYHA), for approximately $291.5 million, comprised of approximately $166.1 million in cash at close and additional... More