GPO solutions that deliver the best value, pricing and clinical outcomes
Rethink the health care Group Purchasing Organization (GPO)
Advantus serves as an extension of your team, working to identify cost-effective and strategic procurement opportunities.
Our value-based relationships with reputable suppliers offer you exclusive pricing that will last over time.
What are the benefits of joining a GPO?
Health care organizations of all sizes reap the benefits of joining a GPO with Advantus.
- Cost savings: GPOs leverage collective purchasing power to negotiate better pricing with suppliers.
- Streamlined purchasing process: GPOs serve as your single point of contact for procurement, managing suppliers so you don’t have to.
- Risk reduction: GPOs negotiate supplier contracts that provide price stability and enforce quality control measures.
- Tools and services: Some GPOs provide additional tools, analytics and consulting services to help you create a robust supply chain strategy.
Not your average health care GPO
We do away with traditional contracts in favor of creating lasting value. Our sustainable contracting solution is based on clinically proven standards and matched with optimal suppliers. You’ll benefit from contractual relationships that assure perpetual optimization.
We deliver traditional health care GPO services with a fresh, customizable approach. Our patient-centered strategies help deliver all the traditional GPO benefits plus lasting value driven by modular design.
Strategic sourcing and custom contracting means you also benefit from:
- Top quartile pricing regardless of your organization’s size or purchase volume
- Continually expanding product portfolio
- Narrower, clinically vetted supply base
- Long-term supplier contracts built on mutual accountability
- Flexibility to buy only what you want without obligation.
A GPO that puts patients first
“Many think that the GPO is about savings and cost, but that’s not the full equation,” says Dan Hurry, president of Advantus Health Partners. “A GPO should drive value for patient care. And exclusivity does not drive value for patients.”
Delivering positive results for partners across the health care industry
- Ambulatory surgery centers
- Community health centers
- Hospitals and health systems
- Home health services
- Long-term care facilitie
- Physician groups
- Academic medical centers
- Outpatient and closed-door pharmacies
- Employer health membership programs
- Other health care organizations
A better health care GPO
We follow six steps to deliver value-added GPO solutions for you:
Strategic sourcing & contracting services
We’ll help you drive more than contract compliance and standardization. We strive for the optimal number of strategic partners to achieve the best price and drive value outside the contract.
- Utilize requests for proposals (RFPs) and reverse auctions to improve contract pricing
- Create an annual sourcing and contracting plan
- Monitor and ensure supplier service level agreements and contractual requirements are maintained, including failure to supply components
- Develop savings targets, contract compliance and supply cost goals
- Tailor strategies to meet your needs
- Find insights and operation processes for mitigation management services, promoting a resilient supply chain
Has your current GPO failed to meet your expectations?
Learn how a GPO can help your health care organization.
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