Premier, one of the dominant group purchasing organizations in healthcare, reported strong growth in its non-GPO business in its fiscal 2014 second quarter ended Dec. 31, 2013, as well as the first half of its fiscal year, showing it has made inroads in health technology.
Sales in its performance-services segment, which includes healthcare informatics and advisory services, rose 13% in the six months ended in December, faster than overall company revenue, which rose 11%, and supply-chain services segment revenue, which rose 10% in the same six-month period.
The results are the second the company has reported since becoming a publicly traded company last September.
Premier is forecasting performance services segment revenue growth of 13%-16% for the entire fiscal 2014 while projecting growth of 11%-13% in supply-chain services and 11%-13% growth for overall company revenue.