Many businesses and organizations have group purchasing contracts for product needs and supply chain operations. A GPO helps everyone leverage collective buying power to secure more affordable prices on goods and services.
In health care, a GPO serves as a partner to help medical providers receive access to and reduced costs on supplies, equipment and services.
A GPO works similarly for non-health care sectors, like retail and hospitality, for lowering procurement expenses and streamlining operations.
GPOs help save money with collective buying power to negotiate lower prices with suppliers and distributors. By aggregating the purchasing volume of many members, GPOs secure discounts that individual businesses could not achieve on their own.
This results in lower costs for goods and services, which can be further supplemented by manufacturer rebates and more standardized purchasing processes. Small to mid-size companies can also leverage the power of large group contracts as a solution if supply chain shortages occur.
Avera PACE has a wide variety of Premier and locally negotiated contracts that could save you 10-40% on products your organization uses every day. Membership includes a free annual comprehensive review to uncover any potential new savings.
The best way to find out how much we can save your business is by calling us at 800-657-8095 requesting a free consultation.
Presentation Affiliated Cooperative Effort (PACE) started in the 1940s. The Presentation Sisters — co-sponsors of Avera with the Benedictine Sisters — realized aggregate purchasing could cut costs for hospitals and other rural facilities.
Avera PACE has historically partnered with a limited number of health care institutions, governments and nonprofits. Today, we serve the needs of many businesses of all shapes and sizes across the country, while also adding new members each year.