Look Beyond GPOs for a New World of Cost Savings
There’s a common belief in the healthcare industry that partnering with Group Purchasing Organizations (GPOs) means that most or all non-clinical purchases are covered by the contract. It almost sounds too good to be true: GPOs have all the answers for all your procurement needs. Finally, a one-stop shop for all your procurement solutions! Unfortunately, this is far from reality. In reality, GPOs only cover around 12-25% of non-clinical spend. This means that over 75% of non-clinical expenditures might not be covered by GPOs. Considering the scale of operations in the healthcare sector,...