Managing your GPO Relationship
When it comes to your community hospital’s bottom line, few things are as impactful as your relationship with your Group Purchasing Organization (GPO). Here are a few things to consider when working with yours. Maintain strong communication with your GPO team and keep your facility in the driver’s seat when it comes to navigating your plan.
During annual business reviews, examine market shifts and make necessary adjustments to your strategy and portions of spend allotted to your GPO. Analyze products by category to determine if additional value can be obtained outside of the GPO via a direct contract or a regional coalition. As your advocate, TPC helps optimize your GPO relationship to ensure that your GPO is actively working in your best interest.
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