August is a busy month for Premier, Inc. (NASDAQ: PINC), which bills itself as a healthcare improvement company, with an alliance of 3,400 hospitals and 110,000 other providers. In the first two weeks of August 2015, the company has announced two acquisitions totaling $465 million. The first deal, for CECity, Inc. was announced on August 4 ($400 million); the second, for Healthcare Insights, LLC, was announced on August 12 ($65 million). The former company specializes in performance improvement, while the latter provides financial management systems to hospitals and healthcare systems. In August 2014, Premier acquired TheraDoc, a clinical informatics company, from Hospira (NYSE: HSP) for $117 million.
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