GPOsSaveMoney

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Health care group purchasing organizations (GPOs) play an increasingly vital role in the U.S. health care industry.

GPOs help health care providers (such as hospitals, ambulatory care facilities, nursing homes and home health agencies) realize savings by aggregating purchasing volume and using that leverage to negotiate discounts with manufacturers, distributors and vendors. GPOs work with health care providers to save money on virtually everything they buy, ranging from surgical supplies and medical equipment to pharmaceuticals and data processing. These savings allow health care providers to dedicate more of their scarce resources directly to patient care, hiring additional doctors and nurses, and purchasing more advanced products.

nurseGPOs are a practical solution to counter the ever mounting cost of health care in America.

A NEW STUDY of National Health Expenditure Data by Dr. David Goldenberg and Roland King shows that in 2008 GPOs saved the nation up to $64 billion; Medicare & Medicaid saved up to $30 billion.

An APRIL 2009 STUDY of over 420 hospitals by Dr. Eugene S. Schneller, professor, Arizona State University and principal, Health Care Sector Advances, Inc. finds that GPOs save the U.S. health care industry $36 billion dollars annually. Click here to listen to an audio clip of the complete launch event.

GPOs enable hospitals to focus on their core competencies: caring for people.

List of Links

Learn More About Why Admin Fees & Safe Harbor Should Not Change

Over 400 Hospitals and Health Care Providers From Across the Country Have Signed On In Support of GPOs

According to those institutions, "GPOs deliver billions of dollars in annual savings to the nation's hospitals; these are savings that provide us with the price protection and cost savings necessary to devote more of our scarce resources to patients." Read the letter and view the complete list of signers.

   
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