50 Things to Know About the Country’s Largest GPOs

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.

Advertisement

However, GPOs have played a controversial role in the healthcare industry. Although they can achieve savings for their member organizations, they often frustrate medical device companies who want to work directly with buyers. Additionally, several GPOs have been involved with lawsuits scrutinizing antitrust issues.

Read the full report on Becker’s Hospital Review.

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.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.