The transaction, which is subject to regulatory approval, is expected to close by late summer 2019. After the acquisition closes, HealthTrust will be the group purchasing organization for Mercy and ROi’s other partner members, Orlando (Fla.) Health and Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System.
“Mercy founded ROi in 2002 to manage our supply chain and we’ve watched it grow and innovate to become a highly-recognized supply chain organization,” Mercy President and CEO Lynn Britton said in a press release. “As part of HealthTrust, ROi has the opportunity to accelerate its progress and strengthen its capabilities in support of Mercy, other ROi members and HealthTrust members.”
Financial terms of the transaction were not disclosed.
More articles on supply chain:
Blood shortage spurs rationing, threatens patient care in Southern hospitals
How 2 health systems are moving the needle on costs & outcomes with an optimized supply chain
FDA recalls 3 blood test analyzers
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
