Premier, Inc. Partners with EyeProGPO to Enhance Ophthalmology Offerings

CHARLOTTE, N.C., April 18, 2024-Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement and technology company, has entered into a strategic partnership with EyeProGPO (EPG), a leading ophthalmology-focused group purchasing organization (GPO) to offer ambulatory surgery centers (ASCs) and physician offices within Premier's membership access to EPG's robust portfolio of ophthalmology and surgical physician preference items (PPI). In addition, EyeProGPO members will gain access to hundreds of suppliers and thousands of high-quality products through Premier's expansive group purchasing portfolio.

Procedures performed and services delivered in outpatient facilities and ASCs are increasing. Traditionally, these continuum of care (CoC) facilities have been challenged in affordably accessing specific physician preference items used to perform ophthalmology procedures. The expanded offerings available through Premier and ERG's new partnership help fill this gap, enabling access to high-quality products in CoC settings where patients receive treatment.

EyeProGPO provides organizations with a broad range of specialty solutions enabling members to choose what best aligns with their individual practice needs. With strong ophthalmology partnerships spanning more than 30+ suppliers and serving over 1,000 members, EyeProGPO reports that its members see an average savings of 12-20 percent on PPI supply costs to its members.

"This partnership builds on Premier's successful platform serving the CoC market - providing innovative services and solutions that meet CoC providers' unique needs." said Mitch Steiner, Group Vice President of Continuum of Care Programs at Premier. "With EyeProGPO, we're expanding GPO offerings across both organizations and providing access to vital supplies that have historically been a challenge for outpatient and ASC facilities to obtain through a GPO."

"EyeProGPO is a great fit for partnership with Premier. We are steadfast in our commitment to offer our members unrivaled value and savings. Through this new partnership, we're ensuring that Premier members also have expanded access to some of the best ophthalmology products on the market. We believe our combined strengths will increase value for healthcare providers across the nation." says Phil Meyer, COO, EyeProGPO.

This partnership brings opportunities for members to purchase products including pharmaceuticals, intraocular lenses, capital equipment, surgical instruments, laser systems and more. Members will also benefit from the opportunity to tap into EyeProGPO's professional advisory services.

The announcement of the Premier/EyeProGPO partnership comes on the heels of several other recent accomplishments for Premier's CoC program, including the addition of Premier SmartPO^®, a digital supply chain procurement and inventory management technology that enables supply chain resiliency, savings opportunities and quality patient care across the care continuum. Through such new technology offerings, access to GPO solutions, advocacy efforts and more, Premier remains committed to optimizing the healthcare delivery system for all - benefiting providers and patients across the CoC.

The financial terms of this strategic partnership were not disclosed.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts, including but not limited to those relating to Premier's ability to advance its long-term strategies and develop innovations for, transform, and improve healthcare, and the intended or expected performance or utility of Premier's and its partner'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. Forward-looking statements may include comments as to Premier's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier's control. More information on potential factors that could affect Premier's financial results 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 and current filings with the SEC, which are also made available on Premier's website at investors.premierinc.com. 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, future events or otherwise that occur after that date, or otherwise.