If you’ve clicked here, you are interested in learning a little more about group purchasing.
A group purchasing organization (also known as a GPO) helps healthcare providers such as you, by aggregating purchasing volumes and using that leverage to negotiate discounts with vendors.
There are five things you need to consider when selecting a group purchasing organization:
1) Do they serve your market? Make sure they are designed to handle your type of practice.
Make sure they are not just focused on the hospital market – you want them to be focused on your particular needs.
2) Customer Service:
- Do they charge a fee to join?
- Is their enrollment process simple?
- Do they provide you customer service?
- Is there someone on the other end of the line when you have a question?
(These are all very important)
3) Can they provide you significant savings?
A lot of group purchasing organizations will claim to provide deep discounts,
4) Are there restrictions on your purchasing?
- Minimum delivery
- Do they require you to purchase in bulk or by the pallet?
5) Does their product portfolio represent at least 80% of what you purchase
If not, will you be penalized for buying off contract?
There are some considerations for you to make in searching for a group
Purchasing organization.
We are happy to answer all these questions and provide you with additional information; all you have to do is shoot an email to info@yournewsource.com or give Valerie or Jackie a call at 888-906-4217. We look forward to hearing from you.
