Here are 5 things to know about GPOs, their business model and role in the supply chain, and their impact on healthcare costs and competition
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Many hospitals, healthcare systems, and providers use group purchasing organizations (GPOs) to control costs and improve efficiency in medical supply purchases. For MedTech companies, working with a GPO can provide unique advantages.
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GPO Healthcare or Healthcare Group Purchasing Organizations are a group of people, companies, or institutions that purchase a bulk order of multiple goods.
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Are you aware of the benefits that a hospital group purchasing organization provides? If not, click here to learn more about how GPOs can help your hospital
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Understanding what a GPO is and how they work is crucial to running a healthcare business. Read here to learn everything you need to know about GPOs.
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The top 10 GPOs by the number of staffed beds.
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WHAT IS A GPO? A group purchasing organization (GPO) helps its members save money and become more efficient by combining their purchasing volume. GPO members include hospitals, clinics, surgery centers, nursing homes, and home health agencies.
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An overview of the Healthcare Group Purchasing Organization business sector and a list of the largest healthcare GPOs
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Discover more about what group purchasing organizations are—and learn how you can effectively become an advocate for your preferred medical devices.
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Since the first group purchasing organization was established in 1910 by the Hospital Bureau of New York, GPOs have been pioneering healthcare cost reduction strategies for several decades. Finding power in numbers, GPOs leverage contracts based on members' purchasing ability to negotiate contracts and help providers save costs on purchased goods and services.
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A group purchasing organization (GPO) can help expand your supply chain and save.
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Group purchasing organizations drive down healthcare costs and can h | Group purchasing organizations drive down healthcare costs and can help bring new products to market, according to a new report. The Healthcare Group Purchasing Industry Initiative found that GPOs have made notable strides in supporting diversity in the marketplace and sustainability efforts.
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Per Preston Alexander, healthcare consultant, studies have shown hospitals are able to realize cost savings OFF contract.
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