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A Bon Secours Mercy affiliate is buying Surgery Partners, a HealthTrust member. Bon Secours runs its own GPO.

October 27, 2026

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On October 26, 2026, HealthSpan Partners, an affiliate of Bon Secours Mercy Health, agreed to buy Surgery Partners for an enterprise value of about $5.7 billion and take it private. Surgery Partners runs 178 surgical facilities in 30 states, and its own procurement page names its group purchasing organization: "our GPO, HealthTrust." Bon Secours Mercy runs its own GPO, Advantus Health Partners. The deal is expected to close in the first quarter of 2027.

This piece asks four questions. Anything labeled "Our read" is our opinion, not a sourced fact.

  1. What is being bought, and by whom?
  2. Where does Surgery Partners buy today, and through whom will its new owner want it to buy?
  3. What can change, and when?
  4. Who should be working on this now?

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