Evaluating group purchasing organizations

Healthc Financ Manage. 2003 Jan;57(1):36-40.

Abstract

A formal evaluation process can help healthcare organizations assess the current and/or potential value of a group purchasing organization (GPO). Healthcare organizations should approach a GPO evaluation as if they were entering into a new relationship. The evaluation should include purchasing and financial services, value-added services, and corporate relations/business practices. Healthcare organizations should consider the potential economies of scale and other services offered by a GPO. Healthcare organizations should consider using acceptable substitutes for products currently used or seeking products through alternative sources if doing so achieves greater value.

MeSH terms

  • Capital Expenditures
  • Data Collection
  • Decision Making, Organizational
  • Evaluation Studies as Topic
  • Financial Audit*
  • Financial Management, Hospital
  • Group Purchasing / economics
  • Group Purchasing / standards*
  • Management Audit*
  • United States