www.premierinc.com4. In its first nine years, total cash returns to shareholders and members exceeded half a billion dollars. Definitive Healthcare has the most up-to-date, comprehensive and integrated data on over 7,700 hospitals, 1.4 million physicians, and numerous other healthcare providers. This company is a business alliance of U.S. children's hospitals, representing $14 billion in revenue and $1.8 billion in medical, surgical and pharmaceutical products. The Company purchases and supplies medical supplies and surgical equipment, as well as pharmaceutical and lab products. HealthTrust is a group purchasing organization (GPO) and performance improvement company. The Broadlane Group is a for-profit, private company founded by former materials management executives at Tenet. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our, Copyright © 2020 Becker's Healthcare. And research from the Healthcare Supply Chain Association (HSCA) suggests that those GPOs manage about 72 percent of the purchases hospitals make. Since it was founded, membership has tripled to 4,000 with a volume of $17 billion. HealthTrust Purchasing Group, LP provides group purchasing services. Group Purchasing Organizations (GPOs) managing the buying needs of healthcare providers are helping hospitals reign in some of that spending by leveraging the collective purchasing power of member facilities to negotiate savings on purchased goods and services. As such, the purchasing power of affiliated facilities stands to reach new heights. Not a Definitive Healthcare newsletter subscriber? Amerinet has four subsidiaries: Amerinet Choice, Amerinet's own product line; Amerinet Diagnostix, involved in supply chain improvement initiatives; DataBay Resources, providing market analysis systems; and Inquisit, which provides educational seminars and workshops. Fig 1 Intelligence from Definitive Healthcare's Hospitals & IDNs platform. The goal of its Group Purchasing Services division provides the greatest access to specialized pediatric products. View our policies by clicking here. 155 Franklin Road Empirical analysis of U.S. health data (based on data published by the U.S. Centers for Medicare and Medicaid Services and conducted by HSCA in 2014) found that, from 2013 to 2022, GPOs are expected to generate savings of up to $864 billion for the entire U.S. health system, including $229 billion in Medicare savings and $169 billion in Medicaid savings. Established in 1986, Amerinet is privately owned by Administrative Resources and Intermountain Healthcare. Amerinet, St. Louis— 2,570 hospitals and more than 40,000 non-acute care facilities. Other divisions include improvement services, insurance services, the CHEX Knowledge Exchange and the Executive Institute. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Here are eight of the largest independent group purchasing organizations in the United States, ranked by number of hospitals served. PURCHASING POWER. Suite 400 Please visit our Blog or defhc.com for the most updated information. www.consorta.com8. Group Purchasing Organizations (GPOs) managing the buying needs of healthcare providers are helping hospitals reign in some of that spending by leveraging the collective purchasing power of member facilities to negotiate savings on purchased goods and services. Premier is owned by more than 200 not-for-profit hospitals and healthcare systems, with strong representation from community hospitals as well as large systems and academic medical centers. Interested in LINKING to or REPRINTING this content? 1. Premier also provides spend analytics, clinical resource management and consulting services. The Broadlane Group, Dallas — 1,100 hospitals and 50,00 non-acute care facilities. This for-profit, private company was founded in 1999 by the former materials management team at HCA. More and more healthcare providers are choosing to join our group purchasing organisation (GPO) and unlock the benefits of being part of an aligned membership. HealthTrust strengthens provider outcomes and clinical excellence by leveraging scale, innovation and operator expertise. The Company purchases and supplies medical supplies and surgical equipment, as well as pharmaceutical and lab products. 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The foundation of the company’s model—led by clinical leaders and member advisory boards—is a patient-focused mission. United States. |. 10 Hospitals Leading the Way in Outpatie... Top 10 Teaching Hospital Open Payments S... 10 US Hospitals with the Most Outpatient... Healthcare’s ongoing push towards clinically integrated networks, health information exchanges, and riskier reimbursement models like. sales@definitivehc.com Mark Haddad joined Definitive Healthcare in 2015 as the Vice President of Marketing. www.healthtrustcorp.com7. HealthTrust Purchasing Group, Brentwood, Tenn. — 1,400 hospitals and 2,600 other sites. 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