Sentara, two other health systems form supply network
- November 18, 2011
Norfolk-based Sentara Healthcare has joined two other nonprofit health systems to form a supply network.
The Sentara’s new venture with MedStar Health and Novant Health is called MNS Supply Chain Network LLC. It will handle more than $3 billion in annual purchases of supplies and services.
The MNS network will serve as a single purchasing entity in an effort to generate savings and supply-chain efficiency. The network has contracted with VHA Inc., a national hospital alliance, to provide network support.
The new venture will begin operating immediately and will be governed by senior executives from three health systems.
Sentara Healthcare is a nonprofit integrated health system with $5 billion in annual revenue. It operates more than 100 health-care sites serving Virginia and Northeastern North Carolina. Sentara includes 10 acute-care hospitals, three medical groups with 618 health-care providers and a health plan serving more than 433,000 members in Virginia.
MedStar Health is a not-for-profit, regional health-care system with $4 billion in revenue. It includes nine hospitals, 20 health-related organizations and more than 100 health-care sites in Maryland and the Washington, D.C., area.
Novant Health is a $3.5 billion not-for-profit integrated system that includes 13 hospitals in North Carolina, South Carolina and Virginia, 150 outpatient centers and a medical group of 1,123 physicians in 360 clinics.