Rising costs due to inflationary pressures threaten medical practices' ability to deliver quality care, forcing them to find new ways to maintain margins. Much of these increased costs are within medical supply budgets. Group purchasing organizations (GPOs) help mitigate price inflation and support cost-reduction efforts. However, recent and evolving changes in the GPO landscape significantly impact members’ ability to achieve these savings. Staying informed and proactive about these shifts is essential for practices to navigate financial challenges and continue providing top-tier care.
Learning Objectives:
Identify the benefits of group purchasing organizations (GPOs)
Explain the difference between committed and uncommitted GPO models