-
Hospital Group Purchasing Organizations (GPOs) Explained
Hospital Group Purchasing Organizations (GPOs) Are Collective Buyers for a Hospital's Supplies. Those Supplies Include Medications, Hospital Beds, Linens, Operating Room Supplies... Even Cleaning Supplies.
Hospital Supplies Make Up About 33% of a Hospital's Budget and They Are the Second Largest Budgetary Item After Payroll. US Hospitals Spend About $240B Per Year on Supplies.
Examples of the Largest GPOs are Premier, which has $1.3B Per Year in Revenue and Vizient, which has $714M Per Year in Revenue.
GPOs Make Money By Charging the Manufactures an 'Administrative Fee' of 1.5% to 3% of Total Sales to a Hospital. Even Though the GPO is Negotiating Discounts for the Hospital, They Are Still Being Paid a Commission by the Manufacturer.
GPOs Have a 'Safe Harbor' Exemption from the Fede...
published: 20 Jan 2021
-
PBM Express Scripts and CVS Start Their Own Group Purchasing Organizations
Express Scripts Recently Started a Group Purchasing Organization that is Based in Switzerland. What?!
CVS Followed Suit and Started a Group Purchasing Organization of It's Own in June of 2020.
What Is Going On?! Why are Express Scripts and CVS Doing This??
Hint: It May Relate to Pharma Rebates and Admin Fees...
Learn What Group Purchasing Organizations Mean for Employer-Sponsored Health Plans and Their Members.
Sources:
https://www.drugchannels.net/2020/06/drug-channels-news-roundup-june-2020.html
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insuran...
published: 16 Aug 2020
-
Dr Martin Makary Outlines Advantages, Disadvantages of Group Purchasing Organizations
Group purchasing organizations have an important purpose in healthcare, but there are some concerns, explained Martin Makary, MD, MPH, a surgical oncologist and chief of the Johns Hopkins Islet Transplant Center.
published: 09 May 2019
-
What is Group Purchasing Organization (GPO)?
This video is about " what is a group purchasing organization or GPO?"
In the United States, a group purchasing organization is an entity or platform that allows any business to join a group of other buyers who are interested in the same products and services. By joining a GPO, you’re able to leverage the collective buying power of a group of businesses to get discounts from vendors, meaning you can take advantage of those larger discounts without actually purchasing more.
Topics I have discussed in this video are,
1. what is a group purchasing organization?
2. Why group purchasing?
3. How GPO makes money?
4. There are two types of GPOs. Vertical GPOs and Horizontal GPOs.
5. group purchasing organization healthcare.
Read in details or Download PDF - https://educationleaves.com/what-is-...
published: 23 Aug 2021
-
What is a Group Purchasing Organization or GPO?
A group purchasing organization (GPO) combines the purchasing power of a collective of businesses for better pricing, service levels and account representation from suppliers. The group purchasing model is quickly gaining adoption within leading procurement teams. By partnering with a group purchasing organization, businesses of all sizes can gain more spend under management and transform their supply chain.
How a Group Purchasing Organization Works:
Buying groups create and manage GPO contracts for indirect and direct services or commodities – and they also create and manage relationships between three parties: the GPO itself, its members and its suppliers. To show exactly what this looks like, we'll examine the basic details of how GPOs that focus on indirect spend in the enterprise sp...
published: 13 Jan 2020
-
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
GPOs hurt hospitals by limiting their decision-making.
Here’s an analogy:
Supposed you buy a home through a bank.
But then the bank says that since you’ve bought the home through them, you must also get your cable, your car, electricity, everything through them.
That’s what GPOs do to hospitals, limiting their choices.
But at VIE Healthcare Consulting, we are a big advocate of flexibility.
We see GPOs as just one of the tools in the toolbelt.
There are many other options that hospitals can use to get visibility, transparency, and best pricing.
So in your GPO contract, you must seek the flexibility to directly negotiate and make good decisions for your organization.
Getting a GPO is one of t...
published: 25 Jun 2021
-
Group Purchasing Organization Guide: GPO Definition, Benefits and Mode of Operation ♻️ FIRMS S1•E71
What is a group purchasing organization (GPO)? Need a GPO definition? What are a group purchasing organization's benefits and mode of operation? Watch the video now & see below.
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published: 15 Dec 2020
-
What is a Group Purchasing Organization?
Pandion Optimization Alliance and Premier, Inc. explore the value of group purchasing through this brief animated video.
published: 15 Feb 2019
-
What Is A GPO (Group Purchasing Organization)?
A group purchasing organization (GPO) is a specialized company that leverages the collective buying power of its members to secure discounted prices on the goods and services they need to run their businesses.
Watch this video to learn more about GPO.
About BMGP:
Bridge Medical GPO (BMGP) is the UAE’s leading Group Purchasing Organization (GPO) of choice that drives positive transformation of the healthcare industry through delivery of comprehensive procurement solutions, advanced best in class technologies & implementing leading industry practices, leading to healthier & happier communities.
To learn more about the UAE’s leading GPO, Bridge Medical GPO, visit our website www.bmgp.com or call us on 800BMGPO
#GPO #GroupPurchasingOrganization #BMGP #BridgeMedicalGPO #powerfulprocureme...
published: 24 Aug 2022
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What is a GPO: Group Purchasing Organization
Group Purchasing Organization
Have you considered a GPO yet? If not, it could potentially make your life much easier.
So, what exactly is a GPO? In its most form, a GPO is an organization created to leverage the purchasing power of a group of businesses (often, but not exclusively industry-specific business) to receive discounts, better pricing, and advantageous terms from suppliers. – DM
WEBSITE: Submit a topic, idea or just say hi: https://supplymind.carrd.co/
eBook: Supply Mind; A supply chain guide for entrepreneurs and career climbers (to navigate the challenges of a post covid world) https://www.amazon.com/Supply-Mind-entrepreneurs-climbers-challenges-ebook/dp/B088DKRG42
published: 27 Feb 2023
7:19
Hospital Group Purchasing Organizations (GPOs) Explained
Hospital Group Purchasing Organizations (GPOs) Are Collective Buyers for a Hospital's Supplies. Those Supplies Include Medications, Hospital Beds, Linens, Oper...
Hospital Group Purchasing Organizations (GPOs) Are Collective Buyers for a Hospital's Supplies. Those Supplies Include Medications, Hospital Beds, Linens, Operating Room Supplies... Even Cleaning Supplies.
Hospital Supplies Make Up About 33% of a Hospital's Budget and They Are the Second Largest Budgetary Item After Payroll. US Hospitals Spend About $240B Per Year on Supplies.
Examples of the Largest GPOs are Premier, which has $1.3B Per Year in Revenue and Vizient, which has $714M Per Year in Revenue.
GPOs Make Money By Charging the Manufactures an 'Administrative Fee' of 1.5% to 3% of Total Sales to a Hospital. Even Though the GPO is Negotiating Discounts for the Hospital, They Are Still Being Paid a Commission by the Manufacturer.
GPOs Have a 'Safe Harbor' Exemption from the Federal Anti-Kickback Statute. In the 1980s when Medicare Moved to Prospective Payment with Set Prices, GPOs Were No Longer Seen as a Possible Source of Escalating Medicare Costs and So Were Granted Their 'Safe Harbor' Status.
Some Complaints Against GPOs Include:
1) That They Are Anti-Competitive Against Smaller and Newer Supply Manufacturers in Favor of Large Manufacturers That Give Them Larger Unit Discounts.
2) They Have a Conflict-of-Interest Against Lowering Costs for Their Hospital Clients Since They are Paid a Commission by the Supply Manufacturers.
Hospitals That Run Health Insurance Plans Such at UPMC and Intermountain Healthcare Might Be Particularly Focused on Their Supply Costs Since They Collect Premium and Are At Risk for the Cost of a Patient's Medical Care... and in fact, these two hospital systems do work with their GPO in a unique fashion.
Sources: https://www.supplychainassociation.org/wp-content/uploads/2018/05/GPO-Kusserow-Assessment-2013.pdf; http://www.singerpubs.com/ethikos/html/premier.html; https://intermountainhealthcare.org/news/2015/05/intermountain-reaches-agreement-in-principle-to-acquire-ari-ownership-in-amerinet/; https://www.modernhealthcare.com/article/20160707/NEWS/160709971/upmc-launches-supply-chain-venture-with-ibm-s-watson; https://www.owler.com/company/vizientinc; https://www.statnews.com/2019/11/19/hospital-supply-chain-overspending-too-many-choices/; https://www.businesswire.com/news/home/20190618005619/en/Premier-Inc.-Partners-with-Pensiamo-Inc.-and-UPMC-to-Launch-AI-Powered-Pharmaceutical-Supply-Chain-Solution
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
#HealthcareCosts #GroupPurchasingOrganization #GPO
https://wn.com/Hospital_Group_Purchasing_Organizations_(Gpos)_Explained
Hospital Group Purchasing Organizations (GPOs) Are Collective Buyers for a Hospital's Supplies. Those Supplies Include Medications, Hospital Beds, Linens, Operating Room Supplies... Even Cleaning Supplies.
Hospital Supplies Make Up About 33% of a Hospital's Budget and They Are the Second Largest Budgetary Item After Payroll. US Hospitals Spend About $240B Per Year on Supplies.
Examples of the Largest GPOs are Premier, which has $1.3B Per Year in Revenue and Vizient, which has $714M Per Year in Revenue.
GPOs Make Money By Charging the Manufactures an 'Administrative Fee' of 1.5% to 3% of Total Sales to a Hospital. Even Though the GPO is Negotiating Discounts for the Hospital, They Are Still Being Paid a Commission by the Manufacturer.
GPOs Have a 'Safe Harbor' Exemption from the Federal Anti-Kickback Statute. In the 1980s when Medicare Moved to Prospective Payment with Set Prices, GPOs Were No Longer Seen as a Possible Source of Escalating Medicare Costs and So Were Granted Their 'Safe Harbor' Status.
Some Complaints Against GPOs Include:
1) That They Are Anti-Competitive Against Smaller and Newer Supply Manufacturers in Favor of Large Manufacturers That Give Them Larger Unit Discounts.
2) They Have a Conflict-of-Interest Against Lowering Costs for Their Hospital Clients Since They are Paid a Commission by the Supply Manufacturers.
Hospitals That Run Health Insurance Plans Such at UPMC and Intermountain Healthcare Might Be Particularly Focused on Their Supply Costs Since They Collect Premium and Are At Risk for the Cost of a Patient's Medical Care... and in fact, these two hospital systems do work with their GPO in a unique fashion.
Sources: https://www.supplychainassociation.org/wp-content/uploads/2018/05/GPO-Kusserow-Assessment-2013.pdf; http://www.singerpubs.com/ethikos/html/premier.html; https://intermountainhealthcare.org/news/2015/05/intermountain-reaches-agreement-in-principle-to-acquire-ari-ownership-in-amerinet/; https://www.modernhealthcare.com/article/20160707/NEWS/160709971/upmc-launches-supply-chain-venture-with-ibm-s-watson; https://www.owler.com/company/vizientinc; https://www.statnews.com/2019/11/19/hospital-supply-chain-overspending-too-many-choices/; https://www.businesswire.com/news/home/20190618005619/en/Premier-Inc.-Partners-with-Pensiamo-Inc.-and-UPMC-to-Launch-AI-Powered-Pharmaceutical-Supply-Chain-Solution
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
#HealthcareCosts #GroupPurchasingOrganization #GPO
- published: 20 Jan 2021
- views: 12288
5:35
PBM Express Scripts and CVS Start Their Own Group Purchasing Organizations
Express Scripts Recently Started a Group Purchasing Organization that is Based in Switzerland. What?!
CVS Followed Suit and Started a Group Purchasing Organiza...
Express Scripts Recently Started a Group Purchasing Organization that is Based in Switzerland. What?!
CVS Followed Suit and Started a Group Purchasing Organization of It's Own in June of 2020.
What Is Going On?! Why are Express Scripts and CVS Doing This??
Hint: It May Relate to Pharma Rebates and Admin Fees...
Learn What Group Purchasing Organizations Mean for Employer-Sponsored Health Plans and Their Members.
Sources:
https://www.drugchannels.net/2020/06/drug-channels-news-roundup-june-2020.html
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
#HealthcareCosts #HealthcareIndustry #PBM
https://wn.com/Pbm_Express_Scripts_And_Cvs_Start_Their_Own_Group_Purchasing_Organizations
Express Scripts Recently Started a Group Purchasing Organization that is Based in Switzerland. What?!
CVS Followed Suit and Started a Group Purchasing Organization of It's Own in June of 2020.
What Is Going On?! Why are Express Scripts and CVS Doing This??
Hint: It May Relate to Pharma Rebates and Admin Fees...
Learn What Group Purchasing Organizations Mean for Employer-Sponsored Health Plans and Their Members.
Sources:
https://www.drugchannels.net/2020/06/drug-channels-news-roundup-june-2020.html
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
#HealthcareCosts #HealthcareIndustry #PBM
- published: 16 Aug 2020
- views: 3008
2:49
Dr Martin Makary Outlines Advantages, Disadvantages of Group Purchasing Organizations
Group purchasing organizations have an important purpose in healthcare, but there are some concerns, explained Martin Makary, MD, MPH, a surgical oncologist and...
Group purchasing organizations have an important purpose in healthcare, but there are some concerns, explained Martin Makary, MD, MPH, a surgical oncologist and chief of the Johns Hopkins Islet Transplant Center.
https://wn.com/Dr_Martin_Makary_Outlines_Advantages,_Disadvantages_Of_Group_Purchasing_Organizations
Group purchasing organizations have an important purpose in healthcare, but there are some concerns, explained Martin Makary, MD, MPH, a surgical oncologist and chief of the Johns Hopkins Islet Transplant Center.
- published: 09 May 2019
- views: 1563
3:12
What is Group Purchasing Organization (GPO)?
This video is about " what is a group purchasing organization or GPO?"
In the United States, a group purchasing organization is an entity or platform that allo...
This video is about " what is a group purchasing organization or GPO?"
In the United States, a group purchasing organization is an entity or platform that allows any business to join a group of other buyers who are interested in the same products and services. By joining a GPO, you’re able to leverage the collective buying power of a group of businesses to get discounts from vendors, meaning you can take advantage of those larger discounts without actually purchasing more.
Topics I have discussed in this video are,
1. what is a group purchasing organization?
2. Why group purchasing?
3. How GPO makes money?
4. There are two types of GPOs. Vertical GPOs and Horizontal GPOs.
5. group purchasing organization healthcare.
Read in details or Download PDF - https://educationleaves.com/what-is-group-purchasing-organization-gpo/
My website - https://educationleaves.com/
Follow me -
Instagram - https://www.instagram.com/sukanta_mac/
Twitter - https://twitter.com/educationleaves
Linked in - https://www.linkedin.com/in/sukanta-maiti-a4510118b/
#gpo #grouppurchasing
https://wn.com/What_Is_Group_Purchasing_Organization_(Gpo)
This video is about " what is a group purchasing organization or GPO?"
In the United States, a group purchasing organization is an entity or platform that allows any business to join a group of other buyers who are interested in the same products and services. By joining a GPO, you’re able to leverage the collective buying power of a group of businesses to get discounts from vendors, meaning you can take advantage of those larger discounts without actually purchasing more.
Topics I have discussed in this video are,
1. what is a group purchasing organization?
2. Why group purchasing?
3. How GPO makes money?
4. There are two types of GPOs. Vertical GPOs and Horizontal GPOs.
5. group purchasing organization healthcare.
Read in details or Download PDF - https://educationleaves.com/what-is-group-purchasing-organization-gpo/
My website - https://educationleaves.com/
Follow me -
Instagram - https://www.instagram.com/sukanta_mac/
Twitter - https://twitter.com/educationleaves
Linked in - https://www.linkedin.com/in/sukanta-maiti-a4510118b/
#gpo #grouppurchasing
- published: 23 Aug 2021
- views: 9283
5:24
What is a Group Purchasing Organization or GPO?
A group purchasing organization (GPO) combines the purchasing power of a collective of businesses for better pricing, service levels and account representation ...
A group purchasing organization (GPO) combines the purchasing power of a collective of businesses for better pricing, service levels and account representation from suppliers. The group purchasing model is quickly gaining adoption within leading procurement teams. By partnering with a group purchasing organization, businesses of all sizes can gain more spend under management and transform their supply chain.
How a Group Purchasing Organization Works:
Buying groups create and manage GPO contracts for indirect and direct services or commodities – and they also create and manage relationships between three parties: the GPO itself, its members and its suppliers. To show exactly what this looks like, we'll examine the basic details of how GPOs that focus on indirect spend in the enterprise space work. Indirect spend describes any company expenditures that are required for running a business – such as office supplies, temporary labor and industrial supplies – but aren't directly related to a company's products or services.
Learn the basics of group purchasing organizations (GPO), why the GPO model is crucial to the success of procurement teams and businesses across the nation, and why OMNIA partners is the RIGHT group purchasing organization to fulfill any purchasing needs, not matter how unique.
-----------------------------------------------
As your ally in the purchasing process, OMNIA Partners is dedicated to optimizing procurement for your organization. Your free membership provides full access to our portfolio of value-driven contracts, spend visibility, analytics, and subject matter experts. Join thousands of members who are discovering a better way to buy.
Visit www.omniapartners.com
https://wn.com/What_Is_A_Group_Purchasing_Organization_Or_Gpo
A group purchasing organization (GPO) combines the purchasing power of a collective of businesses for better pricing, service levels and account representation from suppliers. The group purchasing model is quickly gaining adoption within leading procurement teams. By partnering with a group purchasing organization, businesses of all sizes can gain more spend under management and transform their supply chain.
How a Group Purchasing Organization Works:
Buying groups create and manage GPO contracts for indirect and direct services or commodities – and they also create and manage relationships between three parties: the GPO itself, its members and its suppliers. To show exactly what this looks like, we'll examine the basic details of how GPOs that focus on indirect spend in the enterprise space work. Indirect spend describes any company expenditures that are required for running a business – such as office supplies, temporary labor and industrial supplies – but aren't directly related to a company's products or services.
Learn the basics of group purchasing organizations (GPO), why the GPO model is crucial to the success of procurement teams and businesses across the nation, and why OMNIA partners is the RIGHT group purchasing organization to fulfill any purchasing needs, not matter how unique.
-----------------------------------------------
As your ally in the purchasing process, OMNIA Partners is dedicated to optimizing procurement for your organization. Your free membership provides full access to our portfolio of value-driven contracts, spend visibility, analytics, and subject matter experts. Join thousands of members who are discovering a better way to buy.
Visit www.omniapartners.com
- published: 13 Jan 2020
- views: 1603
2:31
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
GPOs hurt hospitals by limiting their decision-making.
Here’s an an...
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
GPOs hurt hospitals by limiting their decision-making.
Here’s an analogy:
Supposed you buy a home through a bank.
But then the bank says that since you’ve bought the home through them, you must also get your cable, your car, electricity, everything through them.
That’s what GPOs do to hospitals, limiting their choices.
But at VIE Healthcare Consulting, we are a big advocate of flexibility.
We see GPOs as just one of the tools in the toolbelt.
There are many other options that hospitals can use to get visibility, transparency, and best pricing.
So in your GPO contract, you must seek the flexibility to directly negotiate and make good decisions for your organization.
Getting a GPO is one of the largest decisions you'll make.
Make sure that you’re getting a good partner that:
- allows flexibility of decision making
- agrees with your methodologies of getting a second opinion
Thoughts?
Find out more about hospitals need flexibility with their GPO visit: https://www.thehealthcareleadershipexperience.com/
This video is showing hospitals need flexibility with their GPO information but also try to cover the following subject:
-Group purchasing organization
-GPO
-Healthcare
-Healthcare finance
-Hospital supply chain
One thing I saw when I was researching information on hospitals need flexibility with their GPO was the lack of relevant info.
Hospitals need flexibility with their GPO nevertheless is a subject that I know something about. This video therefore should matter and be of interest to you.
--------------
If you would like to discover more regarding group purchasing organization I suggest you take a look at our various other videos: https://www.youtube.com/channel/UCB1WOnv5GlYGf39sMzrU6gw
_________________________
Subscribe Here: https://www.youtube.com/channel/UCB1WOnv5GlYGf39sMzrU6gw?sub_confirmation=1
Recommended Playlists:
Data Analytics - https://www.youtube.com/watch?v=9vAZJtC8gWs&list=PLgrQkbpxRHsxRjr6sU-2wlx0CpNyqaCU-
Hospital Supply Chain - https://www.youtube.com/watch?v=gqbYXSXtPd8&list=PLgrQkbpxRHsw8QbmxIbg8DaRGf69zTzC9
Audiograms - https://www.youtube.com/watch?v=wZTZVcYh7xc&list=PLgrQkbpxRHswFXiOrxoVDoG0djWGGkbEw
Invoice ROI™ - https://www.youtube.com/watch?v=8ln1GQRqmoY&list=PLgrQkbpxRHsz0Qmnpmii6GXm0Shpu7iT3
The Healthcare Leadership Experience Podcast - https://www.youtube.com/watch?v=gI2eJQgqAYs&list=PLgrQkbpxRHsyWomPfDD-k1rSgSJWGImA1
Latest Uploads - https://www.youtube.com/watch?v=JZsaS-Uc4go&list=UUB1WOnv5GlYGf39sMzrU6gw&index=2
Now that you have actually viewed our YouTube vid regarding hospitals need flexibility with their GPO has it helped?
Please 'like' the video to help other individuals searching for group purchasing organization or GPO :)
Let's connect:
Facebook:https://web.facebook.com/viehealth/?_rdc=1&_rdr
Twitter:https://twitter.com/viehealthcare
LinkedIn:https://www.linkedin.com/in/lisamiller/
#healthcarefinance #healthcare #linkedin #GPO
https://wn.com/Hospitals_Need_Flexibility_With_Their_Gpo_|_Group_Purchasing_Organization_Vie_Healthcare
Hospitals Need Flexibility With Their GPO | Group Purchasing Organization - VIE Healthcare
GPOs hurt hospitals by limiting their decision-making.
Here’s an analogy:
Supposed you buy a home through a bank.
But then the bank says that since you’ve bought the home through them, you must also get your cable, your car, electricity, everything through them.
That’s what GPOs do to hospitals, limiting their choices.
But at VIE Healthcare Consulting, we are a big advocate of flexibility.
We see GPOs as just one of the tools in the toolbelt.
There are many other options that hospitals can use to get visibility, transparency, and best pricing.
So in your GPO contract, you must seek the flexibility to directly negotiate and make good decisions for your organization.
Getting a GPO is one of the largest decisions you'll make.
Make sure that you’re getting a good partner that:
- allows flexibility of decision making
- agrees with your methodologies of getting a second opinion
Thoughts?
Find out more about hospitals need flexibility with their GPO visit: https://www.thehealthcareleadershipexperience.com/
This video is showing hospitals need flexibility with their GPO information but also try to cover the following subject:
-Group purchasing organization
-GPO
-Healthcare
-Healthcare finance
-Hospital supply chain
One thing I saw when I was researching information on hospitals need flexibility with their GPO was the lack of relevant info.
Hospitals need flexibility with their GPO nevertheless is a subject that I know something about. This video therefore should matter and be of interest to you.
--------------
If you would like to discover more regarding group purchasing organization I suggest you take a look at our various other videos: https://www.youtube.com/channel/UCB1WOnv5GlYGf39sMzrU6gw
_________________________
Subscribe Here: https://www.youtube.com/channel/UCB1WOnv5GlYGf39sMzrU6gw?sub_confirmation=1
Recommended Playlists:
Data Analytics - https://www.youtube.com/watch?v=9vAZJtC8gWs&list=PLgrQkbpxRHsxRjr6sU-2wlx0CpNyqaCU-
Hospital Supply Chain - https://www.youtube.com/watch?v=gqbYXSXtPd8&list=PLgrQkbpxRHsw8QbmxIbg8DaRGf69zTzC9
Audiograms - https://www.youtube.com/watch?v=wZTZVcYh7xc&list=PLgrQkbpxRHswFXiOrxoVDoG0djWGGkbEw
Invoice ROI™ - https://www.youtube.com/watch?v=8ln1GQRqmoY&list=PLgrQkbpxRHsz0Qmnpmii6GXm0Shpu7iT3
The Healthcare Leadership Experience Podcast - https://www.youtube.com/watch?v=gI2eJQgqAYs&list=PLgrQkbpxRHsyWomPfDD-k1rSgSJWGImA1
Latest Uploads - https://www.youtube.com/watch?v=JZsaS-Uc4go&list=UUB1WOnv5GlYGf39sMzrU6gw&index=2
Now that you have actually viewed our YouTube vid regarding hospitals need flexibility with their GPO has it helped?
Please 'like' the video to help other individuals searching for group purchasing organization or GPO :)
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- published: 25 Jun 2021
- views: 1454
26:08
Group Purchasing Organization Guide: GPO Definition, Benefits and Mode of Operation ♻️ FIRMS S1•E71
What is a group purchasing organization (GPO)? Need a GPO definition? What are a group purchasing organization's benefits and mode of operation? Watch the video...
What is a group purchasing organization (GPO)? Need a GPO definition? What are a group purchasing organization's benefits and mode of operation? Watch the video now & see below.
🧭LEARN MORE. CHECK OUT 100+ FREE TUTORIALS IN #SwittyKiwiBusinessMasterClass
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🏷️WATCH OTHER VIDEOS RELATED TO THE ONE YOU JUST SAW:
1. How to Be a Better Leader https://youtu.be/0CO-2bmdPNc
2. What is BPO? Business Process Outsourcing Explained https://youtu.be/B2iYPjCCQMo
3. Group Purchasing Organization: Definition and Benefits https://youtu.be/NlGqHipmTEM
4. Top 5 Business Loans for Fair Credit That Won't Screw You Over https://youtu.be/OwYJLGkP9cQ
5. Top 10 Startup Credit Cards Without Personal Guarantee https://youtu.be/a8bBiVH8PBE
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📆OFFER VALID YEAR-LONG. OUR BUSINESS MANAGEMENT EXPERTS ARE READY TO HELP. They will answer all relevant questions, including those related to:
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https://wn.com/Group_Purchasing_Organization_Guide_Gpo_Definition,_Benefits_And_Mode_Of_Operation_♻️_Firms_S1•E71
What is a group purchasing organization (GPO)? Need a GPO definition? What are a group purchasing organization's benefits and mode of operation? Watch the video now & see below.
🧭LEARN MORE. CHECK OUT 100+ FREE TUTORIALS IN #SwittyKiwiBusinessMasterClass
🤔GET HELP ON THIS VIDEO'S TOPIC. READ ABOUT OUR FREE BUSINESS CLINIC BELOW.👇
🧲CHECK OUT OUR POPULAR YOUTUBE PLAYLISTS:
▶️File Taxes Properly http://bit.ly/SwittyKiwiTaxes
▶️Get Loans, Credit Cards & Mortgages http://bit.ly/SwittyKiwiCredit
▶️Invest, Thrive & Retire http://bit.ly/SwittyKiwiInvesting
▶️Make Money Online http://bit.ly/SwittyKiwiMakeMoneyOnline
▶️Run Your Business Well http://bit.ly/SwittyKiwiRunYourBusiness
❤️DROP US A LIKE AND SUBSCRIBE TO OUR CHANNEL. WE REALLY APPRECIATE YOU.😊
🏷️WATCH OTHER VIDEOS RELATED TO THE ONE YOU JUST SAW:
1. How to Be a Better Leader https://youtu.be/0CO-2bmdPNc
2. What is BPO? Business Process Outsourcing Explained https://youtu.be/B2iYPjCCQMo
3. Group Purchasing Organization: Definition and Benefits https://youtu.be/NlGqHipmTEM
4. Top 5 Business Loans for Fair Credit That Won't Screw You Over https://youtu.be/OwYJLGkP9cQ
5. Top 10 Startup Credit Cards Without Personal Guarantee https://youtu.be/a8bBiVH8PBE
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ENJOYED THE VIDEO? Drop us a LIKE and SUBSCRIBE to our channel.
(Psst... we really ❤️ LIKES, and we also APPRECIATE our VIEWERS very, very, very much 🤗.)
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🙋GOT QUESTIONS ON THIS TOPIC OR OTHER BUSINESS-RELATED MATTERS? WE'VE GOT ALL THE ANSWERS YOU NEED. WE CAN HELP YOU TODAY.
👇DROP YOUR COMMENT BELOW - AND WE'LL ANSWER WITHIN 24 HOURS. Given how "crazy" 2020 was (Covid-19, economic crisis, unemployment, etc.), we’ve set up a FREE BUSINESS SUCCESS CLINIC to help millions of Americans and businesses learn how to manage their businesses, generate profits, expand their operations and strengthen their financial reporting.
📆OFFER VALID YEAR-LONG. OUR BUSINESS MANAGEMENT EXPERTS ARE READY TO HELP. They will answer all relevant questions, including those related to:
- BUSINESS MANAGEMENT
- ACCOUNTING AND FINANCIAL REPORTING
- MARKETING AND INTERNAL COMMUNICATIONS
- HUMAN RESOURCES AND TALENT ACQUISITION
- VENDOR AND CUSTOMER RELATIONS
- OPERATIONAL EXCELLENCE
▬▬▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬▬▬▬
▓▓▓▓▓▒▒▒░░░ AWESOME TO HAVE YOU! ░░░▒▒▒▓▓▓▓▓ ▬▬▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬▬▬▬
THANKS FOR THE VISIT. MAKE YOURSELF COMFORTABLE.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
💎WANT TO RAISE YOUR IQ? Subscribe.
✨HAVE AN IDEA? Comment below.
🟢LOVE THE VIDEO? Like and share it.
📞WANT TO TALK? Email us.
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COPYRIGHT-FREE MATERIAL😉😉😉
STOCK IMAGES: DREAMSTIME, iSTOCK and GETTY IMAGES
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MUSIC: MERENGUE DE LIMON | YOUTUBE AUDIO LIBRARY
#SwittyKiwiBusinessMasterClass#BusinessAdvice#SmallBusiness
- published: 15 Dec 2020
- views: 1166
1:54
What is a Group Purchasing Organization?
Pandion Optimization Alliance and Premier, Inc. explore the value of group purchasing through this brief animated video.
Pandion Optimization Alliance and Premier, Inc. explore the value of group purchasing through this brief animated video.
https://wn.com/What_Is_A_Group_Purchasing_Organization
Pandion Optimization Alliance and Premier, Inc. explore the value of group purchasing through this brief animated video.
- published: 15 Feb 2019
- views: 1880
2:43
What Is A GPO (Group Purchasing Organization)?
A group purchasing organization (GPO) is a specialized company that leverages the collective buying power of its members to secure discounted prices on the good...
A group purchasing organization (GPO) is a specialized company that leverages the collective buying power of its members to secure discounted prices on the goods and services they need to run their businesses.
Watch this video to learn more about GPO.
About BMGP:
Bridge Medical GPO (BMGP) is the UAE’s leading Group Purchasing Organization (GPO) of choice that drives positive transformation of the healthcare industry through delivery of comprehensive procurement solutions, advanced best in class technologies & implementing leading industry practices, leading to healthier & happier communities.
To learn more about the UAE’s leading GPO, Bridge Medical GPO, visit our website www.bmgp.com or call us on 800BMGPO
#GPO #GroupPurchasingOrganization #BMGP #BridgeMedicalGPO #powerfulprocurementpartner
https://wn.com/What_Is_A_Gpo_(Group_Purchasing_Organization)
A group purchasing organization (GPO) is a specialized company that leverages the collective buying power of its members to secure discounted prices on the goods and services they need to run their businesses.
Watch this video to learn more about GPO.
About BMGP:
Bridge Medical GPO (BMGP) is the UAE’s leading Group Purchasing Organization (GPO) of choice that drives positive transformation of the healthcare industry through delivery of comprehensive procurement solutions, advanced best in class technologies & implementing leading industry practices, leading to healthier & happier communities.
To learn more about the UAE’s leading GPO, Bridge Medical GPO, visit our website www.bmgp.com or call us on 800BMGPO
#GPO #GroupPurchasingOrganization #BMGP #BridgeMedicalGPO #powerfulprocurementpartner
- published: 24 Aug 2022
- views: 168
13:31
What is a GPO: Group Purchasing Organization
Group Purchasing Organization
Have you considered a GPO yet? If not, it could potentially make your life much easier.
So, what exactly is a GPO? In its most f...
Group Purchasing Organization
Have you considered a GPO yet? If not, it could potentially make your life much easier.
So, what exactly is a GPO? In its most form, a GPO is an organization created to leverage the purchasing power of a group of businesses (often, but not exclusively industry-specific business) to receive discounts, better pricing, and advantageous terms from suppliers. – DM
WEBSITE: Submit a topic, idea or just say hi: https://supplymind.carrd.co/
eBook: Supply Mind; A supply chain guide for entrepreneurs and career climbers (to navigate the challenges of a post covid world) https://www.amazon.com/Supply-Mind-entrepreneurs-climbers-challenges-ebook/dp/B088DKRG42
https://wn.com/What_Is_A_Gpo_Group_Purchasing_Organization
Group Purchasing Organization
Have you considered a GPO yet? If not, it could potentially make your life much easier.
So, what exactly is a GPO? In its most form, a GPO is an organization created to leverage the purchasing power of a group of businesses (often, but not exclusively industry-specific business) to receive discounts, better pricing, and advantageous terms from suppliers. – DM
WEBSITE: Submit a topic, idea or just say hi: https://supplymind.carrd.co/
eBook: Supply Mind; A supply chain guide for entrepreneurs and career climbers (to navigate the challenges of a post covid world) https://www.amazon.com/Supply-Mind-entrepreneurs-climbers-challenges-ebook/dp/B088DKRG42
- published: 27 Feb 2023
- views: 36