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Ascension to Form Global Supply Chain Joint Venture

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.

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