HCA subsidiary buys supply chain management company

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HealthTrust Purchasing Group, a subsidiary of Nashville, Tenn.-based HCA Healthcare, has signed a definitive agreement to acquire Resource Optimization & Innovation, the supply chain management division of St. Louis-based Mercy.

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.

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