The ruling, in the case of Southeast Missouri Hospital v. Bard Inc., also found that hospital GPO membership is voluntary and that that there is “fierce competition” among suppliers to secure GPO contracts, resulting in hospitals paying 10-15 percent less on average for medical devices and services.
Meanwhile, Martindale reported that the ruling affirmed the dismissal of St. Francis Medical Center’s class action against device-maker C.R. Bard, accusing Bard of allegedly inflating catheter prices for hospitals and allegedly violating federal antitrust law.
Read the HIGPA release on group purchasing organizations.
Read the Martindale report on Missouri Hospital v. C.R. Bard.
Related Articles on the Health Industry Group Purchasing Association:
HIGPA Criticizes Recent Medtronic GPO Contract Cancellations
Study: GPOs Save Money for Hospitals, Especially Small Ones
HIGPA Releases Statement on Role of GPOs in Healthcare Cost Containment, Reducing Budget Deficit
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
