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Group Purchasing Organizations (GPOs) are organizations that provide healthcare services by negotiating contracts with suppliers on behalf of their members. GPOs are typically formed by hospitals, health systems, and other healthcare providers to leverage their collective purchasing power and reduce costs. GPOs are able to negotiate better prices, terms, and conditions for their members, allowing them to save money on supplies and services. GPOs also provide access to a wide range of products and services, including medical and surgical supplies, pharmaceuticals, and other healthcare-related services.
GPOs are an important part of the healthcare industry, providing cost savings and access to a wide range of products and services. GPOs are also beneficial to suppliers, as they provide a larger customer base and increased purchasing power.
Some companies in the GPO market include Vizient, Premier, Intalere, HealthTrust, and Novation. Show Less Read more