GPOs (Group Purchasing Organizations)

Group Purchasing Organizations (GPOs) are entities that negotiate better prices and terms for products and services on behalf of their members, such as hospitals, healthcare providers, or businesses. By pooling the purchasing power of multiple organizations, GPOs can secure discounts and improve procurement efficiency. Members benefit from cost savings, streamlined sourcing, and access to supplier contracts they might not achieve individually. GPOs do not sell products themselves but serve as intermediaries that leverage collective buying power to optimize purchasing processes.