HSCA Releases Third Annual Report on Value GPOs Deliver to the Healthcare Supply Chain
Washington, DC (March 24, 2020) – The Healthcare Supply Chain Association (HSCA), which represents the nation’s leading healthcare group purchasing organizations (GPOs), today released its third annual report on the value that GPOs deliver to the healthcare system. The report, which was based on existing academic research and on a survey of HSCA member GPOs, found that GPOs deliver up to $34.1 billion annually in critical cost-savings to providers; increase competition and transparency in the marketplace; and help to propel improvements to the overall healthcare system while providing critical support to the health system in the face of public health threats like COVID-19.
“As the United States continues to address the spread of COVID-19, supporting healthcare providers and the patients they serve is more important than ever. GPOs are on the front lines of patient care, working with provider partners to deliver a safe and reliable supply of the best products at the best value,” said HSCA President and CEO Khatereh Calleja. “This year’s HSCA Annual Value Report confirms what hospitals, healthcare providers, suppliers and policymakers see every day: GPOs support emergency response, reduce costs, enhance quality, increase competition, and drive transparency throughout the healthcare system.”
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