Category: Healthcare supply chain

With nearly 97% of all U.S. hospitals belonging to a Group Purchasing Organization (GPO), understanding what is a GPO in medicine is essential for anyone in the healthcare field. These powerful intermediaries leverage the combined purchasing volume of their members to negotiate favorable contracts for drugs, equipment, and services.

Group purchasing organizations (GPOs) are estimated to save the U.S. healthcare system over $50 billion every year by leveraging collective buying power. For pharmacies, particularly independent ones, understanding **what is GPO in pharmacy** is crucial for navigating the complex procurement landscape, reducing operational costs, and remaining competitive.