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How Pharmacies Miss Or Maximize GPO Benefits

How Pharmacies Miss Or Maximize GPO Benefits

A group purchasing organization (GPO) relies on strength in numbers. Pharmacies join GPOs to take advantage of combined buying power, but too many of them are missing out on what’s coming to them. 

In this blog post, we’ll show you why pharmacies are losing out when it comes to GPO pricing. Then, we’ll discuss how your pharmacy can avoid these issues and harness GPO membership to its full potential.


Lost GPO Benefits

GPOs negotiate product prices with manufacturers, wholesalers and vendors on behalf of their member pharmacies. They also offer pharmacies market share rebates for specific products as well as flat rebates for some products. Read More >

SureCost

SureCost News & Announcements

The Smarter Procurement SolutionTM: SureCost is the only end-to-end platform built to unify and elevate your procurement process without disrupting how you work, because in today’s pharmacy market, “good enough” software isn’t good enough. By bringing your entire vendor catalog into one place, SureCost automates purchasing decisions, strengthens compliance and helps pharmacies consistently save 2–5% on cost of goods while delivering 6x to 30x ROI. Features like Drug Shortage InsightsTM, automated substitution management and advanced analytics give you real-time visibility and control across every order. Backed by a Success team with over a century of pharmacy experience, SureCost connects all your vendors, integrates with your pharmacy system and replaces manual, error-prone workflows with a smarter, more efficient process, so you save more, stay compliant and work smarter.

RXinsider Staff

Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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