Operators benefit by using GPOs, industry report asserts

Share this article:

Long-term care operators are reducing their purchasing costs by taking advantage of group purchasing organization, according to a study by the Healthcare Group Purchasing Industry Initiative. The report adds that GPOs “maintain high ethical standards and business practices that promote innovation, transparency in the bidding process and compliance.” The pro-GPO study counters an earlier investigation by the Government Accountability Office. Federal auditors questioned whether GPOs receive inappropriate administrative fee payments from vendors.

Share this article:

More in Products

Aviv REIT offers public stock

Aviv REIT announced the public offering of 8 million shares of common stock at a public offering price of $24.10 per share.

NCAL unveils 2014 Assisted Living Week logo

NCAL unveils 2014 Assisted Living Week logo

The National Center for Assisted Living is encouraging communities to use the 2014 "The Magic of Music" logo to celebrate National Assisted Living Week.

New healthcare educational catalog available

New healthcare educational catalog available

Nasco has released its 2014-2015 Health Care Educational Materials catalog, which focuses on training with versatile medical procedure simulators.