Premier Joins Patient Square Capital in $2.6B Acquisition

The healthcare tech platform will become a private company following the deal’s close in 2026.

Written by Ashley Bowden
Published on Sep. 22, 2025
Medical staff are pictured wearing white coats and stethoscopes are pictured.
Photo: Shutterstock
REVIEWED BY
Rose Velazquez | Sep 22, 2025

Charlotte-based healthcare technology company Premier, Inc. announced that it will be acquired by Patient Square Capital in a deal worth $2.6 billion. Premier aims to improve the U.S. healthcare system as it continues to evolve, helping its members improve their cost, quality and operational efficiencies.

Premier operates a tech-driven health care improvement platform that connects providers, suppliers, payers and policymakers. Its offerings include integrated data and analytics, collaboratives, supply chain tools, and consulting. 

The transaction is set to close during the first quarter of 2026. Premier’s stockholders will receive $28.25 in cash per share before the company converts to a private entity. Once the deal is completed, Premier will no longer list or trade common stock on any public exchange.

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