Similar to the consumer example, certain GPOs can grant health systems lower prices on some products, but they can’t offer the best value in every category. A secondary or supplemental GPO can provide distinct, valuable contracts and vendor partnerships that lower costs and improve patient outcomes.
To assist a new regional health system client, Advantus started with a supplier analysis and determined that using a secondary GPO would bring an 11% savings on key medical supplies to the health system, pulling them out of the traditional negotiation process when only one GPO is utilized.
Advantus knows the legacy GPO relationship doesn’t support a successful supply chain in today’s competitive landscape and the economic pressures on the health care industry.
“Optimizing the number of suppliers reduces unnecessary variability, improves quality and increases supply chain resilience, said Jimmy Chung, M.D., chief medical officer, Advantus Health Partners. “This improves quality of care, reduces stress on clinicians and staff and decreases variability.”
About Advantus Health Partners
Advantus Health Partners is a health care solutions company that makes supply chain easier for its clients through streamlined supply chain management, organizational purchasing, operations and cost-savings efficiencies. With innovation at the forefront, and an advanced operational model, Advantus provides a portfolio of solutions to further drive value beyond contracting, all with the singular goal of reducing health care costs across the U.S. Advantus is committed to helping organizations meet business goals through its distinct solutions.
Media Contact
Trent Freeman, Advantus Health Partners, 770-299-9676, [email protected], https://advantushp.com/
SOURCE Advantus Health Partners
