Who are the largest group purchasing organizations?

Who are the largest group purchasing organizations?

Top GPOs by Member Hospital Beds

Rank GPO Member Hospital Beds
1 Premier Inc 350,358
2 MedAssets (Vizient) 293,763
3 Vizient (FKA: VHA, UHC & Novation) 285,676
4 Intalere (FKA: Amerinet) 273,129

Is HealthTrust and HCA the same?

HealthTrust is organized as a limited partnership. A wholly-owned, indirect subsidiary of HCA Healthcare, Inc. is the general partner and operates the partnership. HealthTrust is not publicly traded.

How many HealthTrust hospitals are there?

1,500 hospitals
Headquartered in Nashville, Tennessee, HealthTrust serves approximately 1,500 hospitals and healthcare systems and members in more than 32,500 non-acute locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites.

What is a group purchasing organization healthcare?

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.

Who is in charge of purchasing in hospitals?

Physicians/Service Providers Google’s 2013 Hospital Decision Makers Study found that physicians are the key influencers on hospital purchasing decisions. Ernst & Young’s 2014 Pulse of the Industry survey also found physicians to have the most influence over a hospital’s purchasing decision.

Is HealthTrust a GPO?

HealthTrust is a leading healthcare performance optimization and group purchasing organization (GPO).

Is HPG part of HealthTrust?

GPO services are made available through our partnership with HealthTrust Purchasing Group (HPG), a hospital–owned GPO committed to superior patient care.

How do you become a group buying organization?

Know the Selling Points

  1. Review the advantages of a group purchasing organization before contacting potential members.
  2. Compile a list of vendor types you can include in your vendor partners.
  3. Explain how the group will be funded.
  4. Set up group staffing.
  5. Select an office location for ordering.

How do GPOs make money?

How do GPOs make money? Healthcare GPOs are normally funded by administrative fees paid by vendors. Usually based on the price of whatever items are purchased, the fee is paid when a GPO member buys through a GPO contract.

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