ACCESSING SAVINGS: UNDERSTANDING GROUP PURCHASING ORGANIZATIONS (GPOS)

Group Purchasing Organizations also known as GPOs are collaborative entities that pool the purchasing power of numerous healthcare organizations. By leveraging their collective buying strength, GPOs negotiate favorable prices with vendors on a wide range of medical goods. This allows participating clinics to achieve significant cost economies and i

By tracking the overall performance and ROI of each and every vendor relationship closely, you may have a lot more leverage to change or break the agreement if service degree agreements will not be achieved. Contracts may perhaps have to be modified in reaction to adjustments from the business natural environment, which include new legal guideline