Indeed, there is a huge competition going on between the different types of GPOs available on the health market. According to statistics, approximately 96% of theUShospitals make use of the GPO contracts in order to purchase the medical devices that they need. Why? Because using a GPO is extremely efficient and healthcare professionals can save a large amount of time and money at the same time through these contracts.
It is also estimated that healthcare facilities using a group purchasing organization in order to buy their supplies can save as much as 10% to 15% on their overall costs. This means that the greater the order for these supplies, the more money they are able to save. No wonder there is such a huge competition among the GPOs- every such organization wants to attract as many members as possible.
If you are a healthcare specialist, but not yet acquainted with how a
group purchasing organization works, you need to make sure you find yourself a trustworthy one which has huge expertise in dealing with its customers. You can start your research online, but you can also ask around from colleagues, to see which those organizations are that are flexible, trustworthy and which handle business in an utmost professional manner.
Since GPOs use high volume purchasing power, they are able to get some extremely good discounts from vendors and distributors of medical supplies. Run some quick calculations and you will see that on an annual basis, you can greatly cut the costs if you make use of the contracts offered by
GPOs.
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