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WASHINGTON, July 8 /PRNewswire/ -- Curtis Rooney, President of the Health Industry Group Purchasing Association (HIGPA), today issued the following statement on the adoption of aggressive new healthcare transparency and oversight measures by the Healthcare Group Purchasing Industry Initiative (HGPII). The new initiatives were developed earlier this year with input from leading ethicists and Congressional staff at the fifth annual HGPII Best Practices Forum in Washington, D.C., and officially adopted this week:
"As we move toward implementation of federal healthcare reform, the cost savings that GPOs provide to American hospitals are more critical than ever. In cooperation with HGPII, HIGPA is working to further increase price transparency in the healthcare sector, and to promote access, competition and choice so hospitals are able to identify and purchase the best products at the highest value.
"Transparency and accountability in the healthcare sector are essential to reducing costs for hospitals, nursing homes, and patients. The new HGPII Independent Advisory Council and the supplier grievance process further demonstrate the group purchasing industry's commitment to increasing value in the healthcare supply chain and providing patients with the best care.
"GPOs foster innovation, bring small suppliers to market and add value to the fragmented health care system, and bend the healthcare cost curve, saving hospitals and taxpayers up to $36 billion annually.
"Since its inception in 2005, HGPII has played an instrumental role in developing and enforcing initiatives to increase transparency within the group purchasing industry and providing independent ethical oversight to maintain and improve GPO best practices. Healthcare GPOs across the United States continue to demonstrate a strong commitment to transparency by voluntarily enforcing the highest ethical standards in the healthcare sector."
Formed in 2005, the Healthcare Group Purchasing Industry Initiative is an independent oversight organization that promotes the highest ethical standards and practices in the health care group purchasing industry. HGPII recently announced the establishment of an independent process for healthcare medical device suppliers to file business grievances, an ethics Independent Advisory Council to ensure that group purchasing organizations (GPOs) continue to comply with the highest ethical standards.
About HIGPA
The Health Industry Group Purchasing Association (HIGPA) is a broad-based trade association that represents 16 group purchasing organizations, including for-profit and not-for-profit corporations, purchasing groups, associations, multi-hospital systems and healthcare provider alliances. HIGPA's mission is to advocate on behalf of health care group purchasing associations, to provide educational opportunities designed to improve efficiencies in the purchase, sale and utilization of all goods and services within the health industry and to promote meaningful dialogue between GPOs. For more information, visit www.higpa.org.
SOURCE Health Industry Group Purchasing Association
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"As we move toward implementation of federal healthcare reform, the cost savings that GPOs provide to American hospitals are more critical than ever. In cooperation with HGPII, HIGPA is working to further increase price transparency in the healthcare sector, and to promote access, competition and choice so hospitals are able to identify and purchase the best products at the highest value.
"Transparency and accountability in the healthcare sector are essential to reducing costs for hospitals, nursing homes, and patients. The new HGPII Independent Advisory Council and the supplier grievance process further demonstrate the group purchasing industry's commitment to increasing value in the healthcare supply chain and providing patients with the best care.
"GPOs foster innovation, bring small suppliers to market and add value to the fragmented health care system, and bend the healthcare cost curve, saving hospitals and taxpayers up to $36 billion annually.
"Since its inception in 2005, HGPII has played an instrumental role in developing and enforcing initiatives to increase transparency within the group purchasing industry and providing independent ethical oversight to maintain and improve GPO best practices. Healthcare GPOs across the United States continue to demonstrate a strong commitment to transparency by voluntarily enforcing the highest ethical standards in the healthcare sector."
Formed in 2005, the Healthcare Group Purchasing Industry Initiative is an independent oversight organization that promotes the highest ethical standards and practices in the health care group purchasing industry. HGPII recently announced the establishment of an independent process for healthcare medical device suppliers to file business grievances, an ethics Independent Advisory Council to ensure that group purchasing organizations (GPOs) continue to comply with the highest ethical standards.
About HIGPA
The Health Industry Group Purchasing Association (HIGPA) is a broad-based trade association that represents 16 group purchasing organizations, including for-profit and not-for-profit corporations, purchasing groups, associations, multi-hospital systems and healthcare provider alliances. HIGPA's mission is to advocate on behalf of health care group purchasing associations, to provide educational opportunities designed to improve efficiencies in the purchase, sale and utilization of all goods and services within the health industry and to promote meaningful dialogue between GPOs. For more information, visit www.higpa.org.
SOURCE Health Industry Group Purchasing Association
