Group Purchasing Organizations simply called GPOs are collaborative entities that pool the purchasing power of various healthcare organizations. By leveraging their collective buying power, GPOs negotiate competitive prices with suppliers on a wide range of medical goods. This allows participating hospitals to achieve significant cost savings and i
While GPOs supply a massive percentage of their savings via purchase volume, they also can optimize existing supply techniques that can help members save far more money. An “administrative” rate is how a GPO earns a gain. When supplying rogue spend merchandise for their member hospitals, GPOs will cost an “administrative” rate of as many a
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