Becker’s reports that Administrative Resources, Inc. completed the sale of its 50% interest in Amerinet, one of the nation’s largest group purchasing organizations, to Intermountain. The Utah-based system previously owned 50%. Amerinet has nearly 85,000 members, including hospitals, clinics, long-term care facilities and emergency services. Former CEO Todd Ebert left at the end of June and was replaced by Intermountain supply chain executive Brent Johnson.
The sale was originally reported in the St. Louis Business Journal.
Our Take: With 22 hospitals, 185 clinics and its own insurance plan, full ownership of a GPO gives Intermountain tremendous control over its supply chain. Yet it seems to us that Intermountain went about the deal rather quietly, perhaps over concern that federal regulators could stop the acquisition. We researched the transaction and couldn’t find mention of any regulatory agency raising a flag, but if Intermountain somehow gains an unfair advantage by owning a key piece of the supply chain, legal or regulatory challenges could be in the works. We’re speculating here—and this is not our field of expertise—but something doesn’t seem right about the deal.