Premier, Inc..
PINC.US | Management consultancy activities
Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,400 U.S. hospitals and health systems and more than 225,000 other organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment offers product...Show More
Better Health for All
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No relevant data was found in the provided articles to assess Premier, Inc. against the 'Better Health for All' ethical value. The single article provided indicated a 'Page Not Found' error, yielding no information for any of the KPIs.
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Fair Money & Economic Opportunity
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Premier, Inc. is a healthcare improvement company that provides supply chain services and performance solutions to hospitals and health systems.
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Its core business does not involve offering lending, deposit, or insurance services to consumers.
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Therefore, KPIs related to consumer financial products, such as underserved client share in financial services, pricing fairness for consumer loans, exploitative fee exposure, financial inclusion lending, consumer data accessibility for banking, fair lending compliance, wealth building outcomes for individual customers, financial literacy programs for consumers, debt burden ratios, geographic inclusion for banking access points, and product simplicity for financial products, are not applicable to its operations.
Fair Pay & Worker Respect
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None of the company's employees were working under a collective bargaining arrangement as of June 30, 2018.
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The CEO-to-median employee pay ratio for the fiscal year ending 2024 was 98:1.
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The company's overall turnover rate across nursing departments was up nearly 23 percent, and turnover in high-stress departments like intensive care was up nearly 45 percent when compared to a pre-pandemic baseline in 2019.
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More than one in three clinical team members have left a job since the COVID-19 pandemic began.
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Fair Trade & Ethical Sourcing
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No specific quantitative data related to fair trade or ethical sourcing practices, such as fair-trade certified spend, audit frequency, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in supplier contracts, high-risk materials spend, or supplier diversity spend, was found in the provided articles.
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Honest & Fair Business
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No evidence available to assess Premier, Inc. on Honest & Fair Business.
Kind to Animals
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No specific, concrete data points related to animal welfare, animal testing, or animal-derived product sourcing for PINC.US (Premier, Inc.) were found in the provided articles.
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The company's business model as a healthcare improvement company, focusing on supply chain services and performance solutions, does not inherently involve activities directly addressed by the 'Kind to Animals' KPIs. Information from articles pertaining to 'Premier Foods' was explicitly excluded as it refers to a different entity.
No War, No Weapons
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The provided articles do not contain specific, concrete data points to assess Premier, Inc. against the 'No War, No Weapons' ethical value. There is no information regarding revenue from arms or defense contracts, dual-use technologies, sales to embargoed regimes, or any policies related to conflict divestment or controversial weapons.
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While Premier's suppliers are required to ensure conflict metals are not used in products,
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the percentage of the supply chain certified conflict-free is not provided.
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Similarly, while Premier supports community health initiatives and general ethical practices,
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the evidence does not directly address peacebuilding investments as a proportion of revenue, or specific ethical red lines related to military activities as defined by the rubric's KPIs.
5
Planet-Friendly Business
-50
Premier, Inc. has committed to achieving net-zero emissions by 2050.
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The company conducted a Scope 1 and 2 greenhouse gas (GHG) assessment in 2022 to baseline its carbon footprint and plans a Scope 3 assessment for 2023.
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No environmental compliance violations, fines, or regulatory actions were mentioned in the provided articles.
Respect for Cultures & Communities
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No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to 'Respect for Cultures & Communities'. While articles mention community engagement, partnerships with various organizations, and charitable giving through programs like the Premier Cares Award, they do not provide the specific data points required by the rubric, such as the number of formal partnerships with indigenous or local community groups, the percentage of company revenue reinvested locally, or the percentage of charitable giving directed to cultural heritage organizations.
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Therefore, no KPIs can be scored.
Safe & Smart Tech
-50
In Fiscal Year 2022, Premier, Inc. invested $62.5 million in cybersecurity, representing 1.95% of its total revenue of $3.2 billion.
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The company's privacy notice, last revised in January 2024, states that users can update preferences, limit communications, and request data deletion.
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Data retention is based on business needs and legal requirements.
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Premier, Inc. also notes compliance with CCPA and HIPAA regulations.
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Zero Waste & Sustainable Products
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Premier Packaging, part of PINC.US, emphasizes designing durable, repairable, reusable, recyclable, and compostable products.
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The company has a waste diversion target to divert 95% or more of waste from landfills by 2030.
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Premier Packaging recycles 100% of its corrugate and reuses pallets, diverting 5,805 tons of waste from landfills in 2022.
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Waste reduction initiatives include a foam crusher for recycling foam inserts, ink reuse, and digitization to reduce paper.
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Premier Packaging is working towards zero waste in its Louisville and Indianapolis facilities.
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Premier's Environmentally Preferred Purchasing (EPP) program requests environmental information from suppliers and includes data on environmental impact in contracting decisions.
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The company has not reported any waste disposal violations in the past three years.
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