Today’s healthcare procurement teams are admittedly burdened by being forced to use GPO contracts that prevent what are considered best practices in achieving competitive pricing. The cooperative purchasing model that relies on annualized negotiations and bulk discounts is simply antiquated. Combining administrative fees that are tied to a “more you purchase, the more the GPO makes” model and a non-transparent rebate program, hospitals are left often paying more than other industries and each other for the same products.

The GSO has changed that antiquated model, leveraging industry-leading, technology-driven, process-oriented vendors who are only paid when the hospital has seen a reduction in price and their satisfaction level is 100%. The GSO is truly becoming the first organization whose goals are mutually aligned with the hospital.

The bottom line is that with GPOs, the more hospitals spend, the more the GPO profits. With the GSO, however, the more the GSO Affiliates save the Subscriber, the bigger the win for everyone.