Group Purchasing Organizations also known as GPOs are collaborative entities that pool the purchasing power of various healthcare providers. By leveraging their collective buying strength, GPOs negotiate competitive prices with suppliers on a wide range of medical goods. This allows participating hospitals to achieve significant cost economies and
A GPO by itself doesn’t provide an extensive procurement outsourcing strategy. GPOs target driving value into a wide set of classes which can Use a meaningful impact on numerous contributors. A purchasing group is often a group of organizations which have banded jointly to scale economies and increase their purchasing power with suppliers. The
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