Thinking Beyond Group Purchasing For Even Greater Supply Expense Reduction Success

I’m sure you have often heard the saying, “If you only have a hammer, you tend to see every problem as a nail.” I think this quote is analogous to group purchasing. If you only focus on group purchasing, you tend to forget there are other even better sources of supply expense savings. This is especially important now that group purchasing organizations are losing their ability to generate new price savings on the current products, services, and technologies you are buying through them. In essence, GPOs are pretty much treading water! That’s why many healthcare organizations are changing their GPOs with the hope they can keep their price savings flowing.