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A GPO aggregates the purchasing volume of its members for various goods and services and develops contracts with suppliers through which members may buy at group price and terms if they choose to. GPOs typically provide contracted discounts on medical supplies, nutrition, pharmacy and laboratory.
Premier, Inc. is an American healthcare company, based in Charlotte, North Carolina. The company is listed on New York Stock Exchange ( Nasdaq : PINC ) Class A. In the early 2000s, Premier was a hospital buying group, pooling healthcare purchases to reduce prices.
In 1998, Mike Weiss and Paul Danzinger were approached by inventor Thomas J. Shaw, who had trouble selling an auto-retractable and single-use syringe (Safety Syringe) because Premier, Inc. and Novation, two largest healthcare group purchasing organizations (GPOs) in the United States, refused to adopt his new, more expensive, safer syringes.
NPR examined government printing, namely the operation of the Government Printing Office (GPO). [22] According to NPR recommendations, GPO had a monopoly on government printing and was responsible for great spending waste. The three specific recommendations were: Authorize the executive branch to eliminate the printing monopoly. [22]
A non-competitive procurement process is only used in certain special circumstances. One such area of exception are security-related procurements. In that case the Defence Production Act applies, which allows using a special process and favouring domestic suppliers in acquiring defence supplies and conducting defence. [78]
Vizient Inc., based in Irving, Texas, is a corporation that serves over 5,000 not-for-profit health system members and their affiliates, including 1,360 acute care hospitals.
On December 31, 2012, Post Holdings acquired Attune Foods, a marketer of premium organic cereals and snacks under the Attune, Uncle Sam and Erewhon brands. [7]On May 28, 2013, Post Holdings purchased the branded and private label cereal, granola and snacks business of Hearthside Food Solutions, which included the Golden Temple, Peace Cereal, Sweet Home Farm and Willamette Valley Granola ...
US Foods Holding Corp. (formerly known as U.S. Food service) is an American food service distributor founded in 1989. With approximately $24 billion in annual revenue, [4] US Foods was the 10th largest private company in the US up until its IPO.