(RTTNews) - Premier Inc. (PINC) and 15 health systems have acquired a minority stake in Prestige Ameritech, a domestic manufacturer of face masks including N95 respirators. Under the deal, Premier members will purchase a portion of all face masks they use annually from Prestige Ameritech for up to six years. Financial terms of the deal were not disclosed.
Prestige Ameritech has a domestic supply chain, with production completed in the United States. Prestige also sells 100 percent of its products to U.S. customers.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.