Premier (PINC) Acquires Invoice Delivery Services

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Premier Inc. Acquires Invoice Delivery Services (IDS) to Tech-Enable Critical Supply Chain Purchasing Processes

March 2, 2021 7:00 AM EST

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, today acquired substantially all the assets and certain liabilities of Invoice Delivery Services, LP (IDS), a leading provider of procure-to-pay solutions in healthcare for $80 million. The acquisition was funded with borrowings under Premiers existing credit facility.

IDS offers digitization technologies... More