WASHINGTON, Jan. 31, 2017 /PRNewswire-USNewswire/ -- The Healthcare Supply Chain Association (HSCA), which represents
"Healthcare group purchasing organizations are critical sourcing and cost-savings partners to virtually all of America's 7,700+ hospitals, as well as the vast majority of the 68,000+ long-term care facilities, surgery centers, clinics, and other healthcare providers. By delivering cost savings and creating efficiencies, GPOs allow healthcare providers to focus on their core mission: providing first-class patient care," said HSCA President and CEO Todd Ebert, R.Ph. "The HSCA Annual Value Report confirms what hospitals, healthcare providers, suppliers and policymakers see every day: GPOs reduce healthcare costs, increase competition, drive transparency, visibility and predictability, propel health processes and system transformation, and add value to suppliers."
GPOs help providers create efficiencies and negotiate competitive prices on products and services, helping to lower costs for patients, hospitals, payers, Medicare and Medicaid, and taxpayers, while significantly improving supply chain effectiveness.
HSCA Annual Value Report findings include:
"Although cost-savings and delivering the best products at the best value remain central to the GPO core mission, hospitals are increasingly relying on their GPO partners for a broad range of services beyond cost-savings. GPOs are expanding their offerings to meet evolving hospital and provider needs, including data analysis and benchmarking, market research, innovative technology integration, infection control, electronic product tracking, and developing and facilitating communities of knowledge among healthcare providers and supply chain experts to share best practices," added Ebert.
For the full HSCA Annual Value Report, visit our website.
About the Healthcare Supply Chain Association (HSCA)The Healthcare Supply Chain Association (HSCA) represents the nation's leading healthcare group purchasing organizations (GPOs), which are critical cost-savings partners to America's hospitals, nursing homes, nursing home pharmacies, clinics, home healthcare providers and surgery centers. GPOs deliver billions in savings annually to healthcare providers, Medicare and Medicaid, and taxpayers. HSCA and its member GPOs are committed to delivering the best products at the best value to healthcare providers, to increasing competition and innovation in the market, and to being supply chain leaders in transparency and accountability. For more information, visit www.supplychainassociation.org. Follow HSCA on Twitter @HSCA.
Media Contact:Farrah Ahamad202-684-3273
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hsca-releases-first-annual-report-on-value-gpos-deliver-to-the-healthcare-supply-chain-300399525.html
SOURCE Healthcare Supply Chain Association
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