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.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: NASDAQ OMX Media Contact: Christine Barna (646) 441-5310 Christine.firstname.lastname@example.org
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