ASC supply chain tip of the day: Take advantage of GPO partnerships

Because ASCs don’t have the purchasing power of large hospitals, they should consider taking advantage of group purchasing options, according to Westchester, Ill.-based Regent Surgical Health.

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Regent Surgical Health shared the following supply chain tip on their blog:

“Because surgery centers often lack the purchasing power of a state-wide hospital system, many ASCs partner with group purchasing organizations. ASC-GPO partnerships offer a surgery center buying power when negotiating with vendors and help small surgery centers gain access to more competitive pricing. Partnerships are highly successful when implemented and managed properly. To maximize partnership benefits, one surgery center typically pairs with a single GPO, resulting in the aggregation of purchases flowing through one GPO. While secondary and tertiary GPOs fill in gaps in coverage, it is important to pair with one primary GPO.”

More articles on supply chain:
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5 ways ASCs should be streamlining supply chain processes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

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