Joining a group purchasing organization can save healthcare organizations, especially community-based and non-profit hospitals, millions of dollars each year, according to a recent Community Hospital ...

The Hatch-Waxman Act of 1984, which gave rise to the modern generic drug market, was one of the most significant cost-reducing policy innovations of the last 40 years. In 2021 alone, the use of ...

Dec. 1—Vantage Health Care Network's group purchasing division is being sold to Pandion Optimization Alliance of Rochester, N.Y. Terms of the sale weren't disclosed, however, the acquisition will help ...

Powerful drug-industry middlemen have quietly reorganized the prescription-drug supply chain. They've set up group-purchasing organizations to get more leverage when negotiating with drugmakers.

CLEVELAND--(BUSINESS WIRE)--Medical device and technology company Lazurite today announced an agreement with CHAMPS Group Purchasing (GPO), a business affiliate of The Center for Health Affairs, ...

Digital commerce is dramatically changing companies' relationships with suppliers. We see more and more vertical B2B marketplaces emerging, and their market niche is constantly growing. Does this mean ...

Following adoption of new codes on ethics early in the decade, group purchasing organizations have undertaken many changes, according to a new report by the Government Accounting Office.Here are 10 ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--CoreTrust, a leading Group Purchasing Organization (GPO), today announced cooperative agreements with major municipalities, including the Cities of Houston and Los ...

Procurement, culinary experts help operators navigate cost inflation. Due to ongoing economic uncertainty, foodservice operators face an increasingly challenging pricing environment. Eroding consumer ...

Accor has transformed procurement from a cost-control function into a source of sustainability, a risk mitigation tool, and a major business driver. Here’s how Astore, the company’s dedicated group ...

A Group Purchasing Organization (GPO) procures contracts on behalf of the members it serves. The UT System GPO Accreditation Program only recognizes/approves GPOs that satisfy UT System procurement ...