Group purchasing organization. A group purchasing organization (GPO) is an entity that helps healthcare providers—such as hospitals, nursing homes, surgery centers and clinics, and home health agencies—realize savings and efficiencies by aggregating purchasing volume and using that leverage to negotiate discounts with manufacturers, distributors and other vendors. Jul 31, 2025 · Discover the 10 best Group Purchasing Organizations (GPOs) for vendors and businesses. A group purchasing organization (GPO), like Pandion Optimization Alliance, helps companies of every size and type save time and money. OMNIA partners provides public & private sector industries value-driven procurement and cost-saving solutions. They bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. We aggregate our clients’ spend which allows members to receive better pricing in typical Compare top group purchasing organizations and discover the best buying group for your business. A GPO, Group Purchasing Organization, is a platform that allows any business to join a group of other buyers who are interested in the same products and services. First, a bit about GPOs. But how do GPOs work, and how should you go about choosing a GPO? Continue reading, and we’ll cover everything that you need to know. GPOs negotiate prices for various healthcare products, such as surgical instruments, medical devices, and pharmaceuticals. Oct 20, 2022 · Group purchasing organizations (GPOs) have been long-term players in the healthcare ecosystem for over a century, but have gained some unwelcome notoriety in the last two decades. A growing portion of the long-term care, ambulatory care, home care, and physician practice markets are using group purchasing to help lower costs and improve efficiency. e. Because we continually grow and develop business relationships between healthcare providers and local minority-, women-, and veteran-owned vendor organizations and social enterprises, our members and Providers often use purchasing intermediaries known as group purchasing organizations (GPO) to negotiate contracts for products and services with vendors such as manufacturers, distributors, and other suppliers. In 2020, CVS Caremark formed Zinc GPO. Jul 1, 2024 · Group purchasing organizations (GPOs) enable companies to buy goods and services at lower prices. Our GPO is different than a typical GPO simply by the use of volume and leverage. Here’s how to compare and contrast GPOs to find the right fit. What is a GPO? Learn how group purchasing organizations leverage billions in buying power to save members money, time, and effort. Simply put, we're here to help your business save costs on supplies, products and services crucial for your organization's daily operations. * Sep 14, 2017 · The debate over how to stem the rising costs of healthcare has assumed a central role in the public policy conversation. HPC in Edina, MN is a leading group purchasing organization bringing purchasing power to healthcare, hospitality, construction, and business. Along with cost savings, GPOs often provide members with access to a network of approved suppliers, streamlined processes, and tools for contract management. Senate Judiciary Committee, and several reports Jul 18, 2023 · A Group Purchasing Organization (GPO) is an entity that leverages its large number of members to negotiate preferential pricing from vendors and retailers. By leveraging the collective purchasing power of our members, we negotiate exclusive contracts with suppliers, ensuring competitive pricing, quality assurance, and streamlined procurement processes. In the United States, a group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. GPOs operate mainly for one basic but persuasive reason; to assist companies interested in purchasing related goods in gaining purchasing power by group purchasing. HPS is a Member-owned and -operated GPO that serves the needs of about 4,000 Members in 22 states that have a direct impact on the communities they serve. Join today. Compare top GPOs by industry focus, spend managed, membership cost, and key benefits. Meet our Leadership Team We’re ready to drive financial and operational benefits throughout your Procurement Organization. What Is a GPO? A Group Purchasing Organization (GPO) is an entity that leverages the collective buying power of its members and the volume of their purchases to negotiate better prices or discounts with suppliers on behalf of the GPO members. Today, GPOs account for nearly 25% of all Aug 29, 2025 · The American Hospital Association (AHA) is the national organization that represents and serves all types of hospitals, health care networks, and their patients and communities. What is a GPO? A group purchasing organization, or GPO, acts as an integral piece to any supply strategy by helping to create efficiencies and improve procurement processes. Our program has become so diverse, we are able to work with FRPG is leading restaurant food products supplier & distributors that offers discount restaurant supply. GPOs engage in bulk buying (also referred to as ‘collective’ or ‘community’ buying or purchasing), where they can provide companies of all sizes with the basics of starting a business. Oct 26, 2021 · Claiming to be the largest group purchasing organization in North America—parent Compass is by far the largest contract firm on the continent —Foodbuy offers procurement, distribution management, purchasing optimization, culinary solution consulting, eProcurement and audit services. The concept started in the healthcare industry many years ago when independent healthcare providers formed third-party associations to leverage their collective purchasing power to get bet-ter prices and quality services from suppliers. Definition and function of GPOs Group Purchasing Organizations (GPOs) are entities that leverage the collective buying power of their members to negotiate discounts and favorable terms with suppliers. Think of it as a buying club for companies: instead of negotiating individually, each member taps into the collective buying power. This approach, based on the powerful premise of pooling resources, leads to more advantageous deals for all involved. 1. Aug 18, 2020 · A group purchasing organization leverages the purchasing volume of its members to obtain large-group discounts with suppliers, in a variety of direct and indirect spend categories. With pharmacy benefits for approximately 75% of U. GPOs establish relationships with material suppliers and brand manufacturers to simplify the purchasing process for members and allow them to compete with large national companies. Healthcare Procurement Solutions, LLC (HPS) is a Group Purchasing Organization (GPO) created specifically to serve physicians, their private medical practices, and related businesses. A Group Purchasing Organization (GPO) in healthcare helps members buy medical supplies and services. Further, the federal government also provides group purchasing services to various executive branch agencies. Restaurant Buying Group is a group purchasing organization (GPO) who aspire to help independent foodservice operators lower their costs and increase their profits. Use this complete guide to group purchasing to optimize your procurement strategy and deliver value beyond cost savings. And in 2021, OptumRx formed Emisar Pharma Services, based in Ireland. A Group Purchasing Organization (GPO) is an entity that helps businesses, government agencies, and other organizations to achieve cost savings and efficiencies by leveraging collective buying power. HPS is a group purchasing organization that serves the needs of more than 5,000 Members in 36 states. The History & Evolution of Group Purchasing Organizations Group purchasing organizations have a long history that began in the healthcare sector. Dec 18, 2022 · If so, Group Purchasing Organizations (GPO) may be a perfect way forward. GPO 101 An Introduction to Group Purchasing Organizations At its core, a group purchasing organization (GPO) optimizes collective purchasing power to secure favorable pricing from suppliers. Learn more about Group Purchasing Organization (GPO)! Apr 23, 2025 · GPO group purchasing organizations remain essential to the healthcare procurement ecosystem, ensuring cost-effective and efficient supply chain operations. Become an Advantus partner today. [1] Many GPOs are funded by administrative fees which are paid by the vendors that GPOs oversee. Member-owned and operated since 1949, our core membership base is made up of organizations that have a direct impact on the communities they serve, from hospitals to senior living facilities to schools and many more. -covered lives under their control, why would these PBMs need GPOs — to capitalize on As a group purchasing organization (GPO), Una partners with the best suppliers to provide businesses access to unbeatable savings on essential products and services, forging new relationships on a path for procurement success. This model not only delivers Discover a better way to buy and streamline procurement for your enterprise with OMNIA Partners, the leading group purchasing organization for enterprise procurement. 20231129. The GPO provides a list of vendors that have been selected and prequalified through competitive GPO procurements. Aug 14, 2025 · What is a group purchasing organization? A group purchasing organization (GPO) is a buying group that leverages the collective purchasing power of multiple businesses, typically within a specific industry, to obtain better pricing on goods and services. They can Dec 1, 2023 · Understanding The History Of Group Purchasing Organizations And Pharmacy Benefit Managers Kevin A. We’ve shared everything you need to know about GPOs so that you can look forward to a streamlined and cost-effective solution that works – read on to find out more. com Sep 5, 2025 · Group purchasing organizations use collective purchasing power to save businesses money, but there are also drawbacks. What is a GPO? A construction group purchasing organization uses the buying power of several home builders to negotiate the best material pricing. Capstone Health Alliance ranks among the largest regional group purchasing organizations (GPOs) in the country and closely collaborates with our national partner, Premier. A Group Purchasing Organization (GPO) is an entity that aggregates the purchasing power of multiple individuals, businesses, or organizations to negotiate discounts and obtain better pricing on products and services from suppliers. Hospitals and healthcare providers should stay informed about these trends to maximize the benefits of their GPO Many small businesses overlook the benefits of group purchasing organizations, which can help save money on supplies. These organizations serve as intermediaries between businesses and vendors, streamlining procurement processes and reducing costs for their Aug 15, 2025 · In a group purchasing organization, businesses save money by pooling their purchasing power. Discover the top 10 GPOs in healthcare, grocery, and other sectors, and their benefits and features. Learn the pros and cons of GPOs & if you should join. 1377/forefront. Novation, Dallas, Texas – 2,911 hospitals (1,400 through VHA, Oct 20, 2025 · Our group purchasing organization (GPO) services help our health care clients reduce costs and improve clinical outcomes. ⁠ Jan 6, 2025 · Each of these entities - buying groups, purchasing cooperatives, and GPOs - has its own unique purpose and structure. Learn how purchasing groups work. 358911 Add to favorites Pandion is a leading group purchasing organization, supply chain consulting firm, and digital healthcare solutions provider. During the early 2000s, they were the subject of (in turn): several exposé articles in The New York Times, four Antitrust Subcommittee hearings sponsored by the U. A group purchasing organization leverages the collective purchasing power of thousands of businesses to secure lower prices for their members. The GPOs, on behalf of their customers—hospitals and other providers—negotiate contracts for products and services with vendors such as manufacturers, distributors, and other suppliers. What is a GPO? What is a GPO? Jan 31, 2025 · Conclusion Group Purchasing Organizations remain integral to the healthcare supply chain, offering vital cost-saving opportunities and operational efficiencies. Sourcing disruptions and labor shortages have been affecting a wide range of industries, including healthcare, foodservice and hospitality. Start saving with a free GPO report. These approaches are central topics in supply chain management discussions, yet they represent fundamentally different strategies. Feb 14, 2024 · Procurement Magazine takes a look at ten of the most influential procurement associations and networks around the world in 2024 Nov 7, 2024 · In the world of procurement strategies, cooperative purchasing and group purchasing organizations (GPOs) play pivotal roles in optimizing procurement efficiency and enhancing business operations. Capstone establishes key partnerships with top-tier Suppliers to offer our Members significant savings and value, all while providing experienced supply chain support, industry leading education, uniquely tailored business Jan 5, 2023 · The basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive sourcing strategy. By aggregating the procurement needs of its members, a GPO can secure bulk discounts and favorable contract terms that individual organizations would struggle to achieve alone. GPO Safe Harbor, or alternatively group purchasing organization safe harbor regulations must be adhered to in order to run and manage a healthcare or medical group GPO legally and ethically. These organizations use the collective purchasing power of GPO members to negotiate better prices. We have become more than just a group for restaurants. For pharmaceutical manufacturers, medical device companies and others, GPOs are part of the access formula to do business with hospitals, health systems, surgery centers, dialysis centers, long term care, assisted living, home infusion. Sep 5, 2024 · Learn how Group Purchasing Organizations enhance corporate procurement, cut costs, and improve efficiency across industries like healthcare, education, and more. Learn how GPO groups work and tips for efficiency. Jun 17, 2024 · A Group Purchasing Organization (GPO) is an entity that consolidates the purchasing power of multiple organizations to negotiate better pricing, terms, and services with suppliers. Group Purchasing Drive supply chain optimization with industry-leading group purchasing organization (GPO) contracts for competitive pricing, smarter savings and faster innovation. Group purchasing organizations help members save money and refine their supply chains. Dec 29, 2023 · This guide to group purchasing organizations shows you how to lower your costs, streamline procurement, and meet evolving compliance regulations. Group Purchasing Solutions for Your Business The group purchasing method of sourcing combines the purchasing power of GPO members to secure discounted pricing for businesses on essential goods and services. A group purchasing organization (GPO) is an entity that is formed to leverage the purchasing power of many businesses to obtain better pricing for it’s member businesses. The goal of a program like this is to leverage the buying power of multiple organizations to achieve lower prices, better terms, and higher quality products or services. Companies who use GPO arrangements, i. Providers can then purchase products and services from the vendors for the prices negotiated by the GPOs. Using a GPO reduces the procurement cycle time and ensures utilizing partners that have been properly vetted and offer the Mar 24, 2023 · A group purchasing organization, or GPO, is a buying program in which a group of businesses or organizations come together to buy goods or services from suppliers, usually at a discounted price. As the industry continues to consolidate, GPOs adapt by expanding their services and focusing on strategic growth areas. Sep 19, 2025 · A group purchasing organization is a collective buying group that helps businesses and organizations access discounted products and services by leveraging the combined purchasing volume of all its members. Choice GPO is a leading Group Purchasing Organization committed to transforming the way businesses source products and services. Jul 14, 2025 · A purchasing group is a group of organizations that have joined together to scale economies and improve their purchasing power. Our combination of knowledge and resources will help you achieve your value creation and EBITDA targets. Join a group purchasing organization that brings together the leading home builders, local suppliers and national brand partners from across the U. To reduce costs, foodservice operators often turn to either a Group Purchasing Organization (GPO) or a Buying Group. Learn what group purchasing organizations (GPOs) are, how they work, and why they are important for various industries. They negotiate purchase contracts and service agreements for a huge range of products and services. Save money with our GPO contracts and pricing. Answers to 14 group purchasing FAQs and how group purchasing organizations work as part of a holistic approach to sourcing. How do GPOs finance their operations? This Viewpoint explains how group purchasing organizations (GPOs) – companies that purchase devices, supplies, and medication from multiple manufacturers and serve as single supply sources for hospitals and medical centers – contribute to supply shortages, higher prices, and limited product Jul 12, 2022 · In 2019, Express Scripts PBM (pharmacy benefit manager) formed Ascent Health Services GPO (group purchasing organization), based in Switzerland. , GPO participants, benefit from Aug 19, 2025 · CoVest is a group purchasing organization. We serve as an extension of your procurement team by providing the scale and resources to drive continuous value. Aug 27, 2023 · Group Purchasing Organization enable businesses to achieve economies of scale by pooling their purchasing volumes. See full list on procurementpartners. CNECT is an industry-leading group purchasing organization (GPO) and trusted partner of members spanning healthcare, education, and business. Because of bulk ordering A group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Sourcing & Purchasing Leveraging billions of aggregated spend, we vet and negotiate best-in-class group purchasing contracts at the local, regional, and national levels to save our members significant time and money. What is HIGPA? The Health Industry Group Purchasing Association is a broad-based trade association that represents 16 group purchasing organizations, including not-for-profit and for-profit corporations, purchasing groups, associations, multi-hospital systems and health care provider alliances. . Oct 31, 2018 · Joining a group purchasing organization can be a great way to cut your restaurant’s food costs. Jan 29, 2021 · Learn more on how Group Purchasing Organizations (GPOs) work with suppliers and buyers to help companies save on procurement of non-strategic spend. The Group Purchasing Organization Agreement Should Clarify the Responsibilities and Engagement Rules Between the GPO and Its Members When it comes to the Group Purchasing Organization Agreement always utilize experienced GPO law firms and lawyers to mitigate risks for the GPO via a properly drafted Group Purchasing Organization Agreement, there is simply too much at risk that can be avoided How to Start a Group Purchasing Organization. Hospitals and other healthcare providers enjoy the benefits provided by group purchasing organizations (“GPOs”) perhaps more than any other industry. As part of the Top 5 Group Purchasing Organizations You Should Know, Emisar exemplifies how a specialized pharmaceutical purchasing group can drive value for independent pharmacies. Group Purchasing Organizations (GPO's) are an effective means for the University to secure goods and services. Healthcare Supply Chain Association A group purchasing organization (GPO) is an entity that helps healthcare providers — such as hospitals, nursing homes and home health agencies — realize savings and efficiencies by aggregating purchasing volume and using that leverage to negotiate discounts with manufacturers, distributors and other vendors. Oct 24, 2024 · By streamlining purchasing processes, pharmacies can focus more on patient care rather than administrative burdens. Elevated supplier service levels and responsiveness, negotiated as part of our GPO agreements At OMNIA Partners, you'll work one-on-one with a private equity expert from the largest and most experienced group purchasing organization in the U. ‍ What Is a Group Purchasing Organization (GPO)? A Group Purchasing Organization, or a GPO, helps businesses save money by combining their purchasing volume. Any of the GPO’s listed below may be used. Mar 30, 2012 · These providers have increasingly relied on purchasing intermediaries known as group purchasing organizations (GPO). OMNIA Partners is the largest and most experienced Purchasing Cooperative and Group Purchasing Organization (GPO). What Is a GPO? It May Be Time for You to Work With a Group Purchasing Organization It’s no secret that supply chain management has become trickier than ever. Apr 21, 2023 · Finding a group purchasing organization that fits your needs can be difficult. By negotiating competitive pricing, streamlining logistics, and integrating data-driven strategies, top healthcare GPOs contribute significantly to healthcare cost control strategies. Each GPO can vary from one organization to another. Because healthcare group purchasing organizations (GPOs) play an integral role in the medical supply chain, questions about whether GPOs operate competitively and whether they reduce healthcare costs have greater urgency. The idea caught on and spread rapidly to other businesses, in-cluding foodservice operators. The UT System has implemented a rigorous process of evaluating and approving GPO's for use by all UT institutions. S. Definition Group Purchasing Organization (GPO) is an entity that helps DFPS realize savings and efficiencies by combining purchases to negotiate discounts with manufacturers, distributors, and other vendors. Group Purchasing Organizations are intertwined through a variety of healthcare entities. GPOs help members reduce costs by securing improved contracts with suppliers and manufacturers. Apr 20, 2023 · Learn about the five common types of group purchasing organizations, how they differ, and find a list of examples for each GPO type. Feb 24, 2022 · Seven of the top advantages of group purchasing and why partnering with a group purchasing organization is a smart move for your business. Advocate Health Supply Chain Alliance (AHSCA) is a regional group purchasing organization that negotiates and executes agreements with suppliers for the purchase of healthcare related products and services, including medical-surgical products, pharmaceuticals, physician preference items, capital, and purchased services to deliver unparalleled Group purchasing organizations (GPOs) are companies that negotiate prices for drugs, devices, and other medical products and services on behalf of healthcare providers, including hospitals, ambulatory care facilities, physician practices, nursing homes, and home health agencies. If you’re considering a GPO, start here. Sep 2, 2010 · Here are eight of the largest independent group purchasing organizations in the United States, ranked by number of hospitals served. Learn how GPOs lower costs and gain better vendor terms. See how IPS Group Purchasing Organization can help! Reduce your medical practice costs by up to 20% and more on vaccines, medical supplies, office supplies, and other services you use every day. Group Purchasing Organizations in the US industry analysis Group purchasing organizations (GPOs) have recently demonstrated adaptability and strategic importance in the healthcare supply chain, guiding hospitals, clinics and related entities through mounting procurement complexities. Many companies who are in the same industry form group purchasing organizations to save on ordering products and supplies. Find out how Una harnesses billions in buying power to unlock savings for organizations like yours. The very first GPO was established in 1910 to help hospitals combine their purchasing power and secure better pricing on essential supplies. Healthcare GPOs typically provide contracted discounts on medical supplies, nutrition, pharmacy and laboratory. For many decades, GPOs grew slowly, but by the 1970s - driven by rising medical costs and increased scrutiny A Group Purchasing Organization (GPO) is an entity formed to combine the purchasing power of a number of companies in order to secure supplier incentives. Understanding Group Purchasing Organizations (GPOs) A. Learn more about the benefits of joining a GPO here. RESTAURANT BUYING GROUP Capitalize the buying power of large chains. Dec 15, 2023 · Understanding Group Purchasing Organizations What Is A GPO? A Group Purchasing Organization (GPO) harnesses its members’ collective purchasing power to secure better prices and terms from suppliers and manufacturers. Mar 20, 2018 · In the United States, a group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. If you’re researching the nation’s top group purchasing organizations, you’ve come to the right place. Participants in our Group Purchasing Organization enjoy the combined buying power of more than 40 hospitals and health systems and over 125 other healthcare providers and 20+ business partners. Let’s break it down. Schulman December 1, 2023 10. dos4x eyvx wvxi wbnexo 35x9b wjff4 c35i n2zsi wygb xaxbirg