GPO Services: GPO Contract Management - Group Purchasing Organization

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GPO Services

Improve purchasing efficiency with a complete contract portfolio of quality, cost-effective products from the nation’s leading manufacturers and distributors.

Improves supply chain operations and reduces supply costs by 3–10%
Offers greater flexibility with more than 95% of product categories within the portfolio consisting of dual or multi-source contracts
Reduces total supply expense across operations with a comprehensive contract portfolio, featuring solutions for medical/surgical, pharmacy, laboratory, capital equipment, radiology, facilities & construction, food & nutrition and executive services
Provides guidance through Customer Advisory Committees for general contracting direction and strategies to ensure we are researching and developing best-value, broad-based contracts and services
Offers the SELECT® Commitment program with product platforms designed to help drive standardization while considering both clinical and economic outcomes for multiple types of health care organizations
Deploys the powerful, searchable CDQuick® e-catalog enabling hospitals to manage their supply chain by measuring contract and price compliance, as well as providing rapid access to contract detail, line item pricing and more
Provides support tools for customers to forecast price changes
Employs CDQuick® Contract Templates to support product standardization initiatives by identifying common sets of products according to service lines and principal work functionalities
Provides custom contracting capabilities to meet the needs of large and Integrated Health System customers
Optimizes system-wide supply chain performance by documenting contracts for all programs in a searchable, web-delivered tool using the Local Compliance Catalog
Uncovers pharmacy pricing errors by comparing purchase order pricing from wholesalers to contract prices with Auto Audit for Pharmacy
Provides outreach service resources to support customer initiatives in the areas of safety and supplier diversity, environmentally preferable purchasing and emergency preparedness

Discover how MedAssets can help your bottom line

Fletcher Allen Healthcare

Fletcher Allen identified $12 million in client ROI through their use of the Alliance Contract Management solution. In addition, the Finance Department utilized data from MedAssets’ Alliance Contract Management solution to successfully renegotiate a contract with one of their largest payors, resulting in a 7.3% increase in revenue.