Extendicare subsidiary sale to lead to biggest U.S. long-term care GPO

Share this article:

Navigator Group Purchasing, a subsidiary of Managed Health Care Associates, has reached an agreement with Extendicare Health Services Inc. to purchase its group purchasing subsidiary, UHF/Star Purchasing Services, for $56 million. Upon completion, it would be Managed Health Care Associates' third major GPO-related acquisition in a year. The deal would lay the groundwork for forming the biggest GPO serving long-term care, according to MHCA. Previously, Managed Health Care Associates purchased Navigator Inc. in December 2010 and Tidewater GPO in May. The Extendicare sale — comprising Star Purchasing Services and UHF Purchasing Services — is expected to close early next year, according to a statement from Extendicare Health Services' parent company, Extendicare Real Estate Investment Trust.

Share this article:

More in Products

Last day to enter McKnight's Tech Awards

Today is the final day to submit entries into the third annual McKnight's Excellence in Technology Awards.

AliMed offers three new fall management products

AliMed offers three new fall management products

AliMed is now offering the AliMed CordLess® Sensor Alarm and the AliMed Worry-Free Fall Alarm to help reduce the risk of accidental falls, and the HipShield® X-tra to help prevent ...

Diamond Wipes creates new wipes

Diamond Wipes creates new wipes

Diamond Wipes has announced an updated version of its Handyclean™ cleaning and sanitizing wipes.