Partnership brings together national expertise with strong local leadership to reduce supply expense, drive sustainable value and support affordable, community-based care

ROCHESTER, Minn.–(BUSINESS WIRE) — Inspirity Health Partners (IHP) has entered into a strategic, multi-year agreement with Hendricks Regional Health to enhance the organization’s supply chain capabilities through a collaborative co-managed partnership designed to strengthen performance, support long-term sustainability and preserve local decision-making.

As one of Indiana’s leading community-based health systems, Hendricks Regional Health has built a strong reputation for clinical excellence, operational discipline and a steadfast commitment to serving the communities of west central Indiana. Through this new collaboration, Hendricks Regional Health will gain direct access to nationally recognized supply chain expertise, advanced analytics and proven operational methodologies from Mayo Clinic Supply Chain Management through Inspirity Health Partners.

The partnership is designed to improve financial performance, optimize supply chain operations and strengthen alignment between clinical and operational priorities, with a focus on identifying opportunities to reduce supply expense and support Hendricks Regional Health’s commitment to keeping high-quality care affordable for patients. The collaboration will maintain Hendricks Regional Health’s local governance, leadership oversight and organizational independence.

“Our organization has always focused on delivering exceptional care while remaining deeply connected to the communities we serve,” said Michelle Fenoughty, MD, MBA, FACHE, Hendricks Regional Health President & CEO. “Through this partnership, we enhance our capabilities with additional expertise, resources and scale while remaining true to who we are: an independent, agile organization guided by a deep commitment to our patients and community. We see Inspirity Health Partners as an extension of our team, helping us build upon an already strong foundation and position ourselves for continued success.”

Through Inspirity’s co-managed model, Hendricks Regional Health will receive expanded support across strategic sourcing, purchased services optimization, analytics-driven decision-making, contract management and clinical-supply alignment. The collaboration will enable both organizations to work together as a unified team to identify and implement opportunities that drive measurable value without adding administrative burden to internal staff.

A distinguishing feature of the engagement is the shared commitment to balancing performance improvement with local autonomy. Rather than outsourcing key functions, the partnership is built around close collaboration, combining Hendricks Regional Health’s deep understanding of its physicians, caregivers and community with Inspirity’s national scale, expertise and Mayo Clinic-backed resources.

“We are honored to partner with Hendricks Regional Health and support its mission of delivering outstanding care close to home,” said Joe Dudas, Executive Advisor & Board Director of Inspirity Health Partners and Division Chair, Strategy & Innovation for Supply Chain Management at Mayo Clinic. “Hendricks Regional Health has established a strong culture of operational excellence and community stewardship. Together, we are creating a highly collaborative supply chain partnership that preserves local control while accelerating performance, strengthening clinical engagement and delivering sustainable long-term value.”

The agreement reflects a growing movement among independent health systems seeking innovative ways to enhance operational performance while maintaining their identity and community-focused mission. By combining local leadership with nationally recognized supply chain capabilities, Hendricks Regional Health and IHP are building a platform for continued growth, financial resilience and exceptional patient care.

About Hendricks Regional Health

Hendricks Regional Health serves west central Indiana as a nationally recognized, nonprofit, healthcare organization with a deeply rooted legacy of community service. Hendricks is a member of the prestigious Mayo Clinic Care Network and was named a Five-Star Honoree on Forbes’ inaugural Top Hospitals list in 2026. Learn more and connect at Hendricks.org/social.

About Inspirity Health Partners

Inspirity Health Partners combines the best-in-class supply chain practices of co-founders Mayo Clinic Supply Chain Management with the advanced business analytics and financing capabilities of HumanityCorp, offering providers a new and continuous way to fund profound transformations in technology and patient care–changes today’s healthcare environment demands. Learn more at inspirityhp.com.