NEW YORK, Sept. 26, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Premier, Inc. (Nasdaq:PINC), a healthcare performance improvement alliance, commenced on The NASDAQ Stock Market on September 26, 2013.
Premier is a national healthcare alliance of approximately 2,900 U.S. community hospitals and 100,000 alternate sites using the power of collaboration and technology to help its member organizations succeed in their transformation to coordinated, high-quality, cost-effective care. Premier operates a leading purchasing network and also maintains a clinical, financial and operational database which encompasses 1 in every 4 U.S. hospital discharges. Premier's QUEST collaborative is believed to be one of the largest performance improvement collaboratives in America. Headquartered in Charlotte, N.C., Premier also has an office in Washington.
"Premier has consistently been an innovative company dedicated to improving the health of communities throughout the United States," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ is proud to welcome Premier to The NASDAQ Global Select Market and looks forward to their continued success in the future."
Premier joins a variety of cutting-edge health care companies that call NASDAQ OMX home. NASDAQ has been the exchange of choice to over 90 percent of health care companies that have listed on U.S. markets year-to-date in 2013.
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Source:The NASDAQ OMX Group, Inc.