Ascension, the largest private, tax-exempt, nongovernmental health system in the United States, and Ramsay Health Care Limited, one of the top six private hospital operators in the world, are partnering in a new global supply chain joint venture. The new organization will combine the purchasing power of St. Louis-based Ascension, the world’s largest Catholic health system, and Sydney based Ramsay Health Care, which operates more than 230 healthcare facilities in six countries on four continents.
The venture will be owned equally by Ascension and Ramsay. Two Ascension subsidiaries – Ascension Holdings International and The Resource Group, Ascension’s GPO and strategic sourcing subsidiary – will work with Ramsay’s International Procurement Office to develop and operationalize the new global healthcare buying group.
“Ascension is continually exploring potential opportunities to extend our reach internationally and make healthcare more affordable for those we serve,” said Anthony R. Tersigni, EdD, FACHE, President and Chief Executive Officer, Ascension. “As we looked for partners to help us improve the quality and reduce the costs of the millions of items our caregivers use to provide compassionate, personalized care, we were tremendously impressed by Ramsay Health Care, whose values and mission align closely with our own.”
The venture will be owned equally by Ascension and Ramsay. Two Ascension subsidiaries – Ascension Holdings International and The Resource Group, Ascension’s GPO and strategic sourcing subsidiary – will work with Ramsay’s International Procurement Office to develop and operationalize the new global healthcare buying group.
“Ascension is continually exploring potential opportunities to extend our reach internationally and make healthcare more affordable for those we serve,” said Anthony R. Tersigni, EdD, FACHE, President and Chief Executive Officer, Ascension. “As we looked for partners to help us improve the quality and reduce the costs of the millions of items our caregivers use to provide compassionate, personalized care, we were tremendously impressed by Ramsay Health Care, whose values and mission align closely with our own.”
