Selecting-the-Right-GPO

Boost your purchasing power — immediately.

If you’ve clicked here, you are interested in learning a little more about group purchasing.

A group purchasing organization (also known as a GPO) helps healthcare providers such as you, by aggregating purchasing volumes and using that leverage to negotiate discounts with vendors.

There are five things you need to consider when selecting a group purchasing organization:

1) Do they serve your market? Make sure they are designed to handle your type of practice.

Make sure they are not just focused on the hospital market – you want them to be focused on your particular needs.

2) Customer Service:

- Do they charge a fee to join?

- Is their enrollment process simple?

- Do they provide you customer service?

- Is there someone on the other end of the line when you have a question?

(These are all very important)

3) Can they provide you significant savings?

A lot of group purchasing organizations will claim to provide deep discounts,

4) Are there restrictions on your purchasing?

- Minimum delivery

- Do they require you to purchase in bulk or by the pallet?

5) Does their product portfolio represent at least 80% of what you purchase

If not, will you be penalized for buying off contract?

There are some considerations for you to make in searching for a group

Purchasing organization.

We are happy to answer all these questions and provide you with additional information; all you have to do is shoot an email to info@yournewsource.com or give Valerie or Jackie a call at 888-906-4217. We look forward to hearing from you.