Navigation Links
Study to Document Billions in Annual Health Care Savings From 'Group Purchasing Organizations' That Could Play Bigger Role in Obama Health Care Reform
Date:4/27/2009

... April 29, 2009 News Advisory ...

Survey of More than 420 Hospitals Show Major Medical Spending Cuts Already Being Achieved, Reducing Cost Per Each Discharged Patient by Several Hundred Dollars.

WASHINGTON, April 27 /PRNewswire-USNewswire/ -- As federal policy makers look for new ways to squeeze more out of every dollar spent on health care, one of the best solutions is already at hand: "group purchasing organizations" (GPOs). That's according to a major new report to be released during a live, national phone-based news conference (with full Q&A) at 1 p.m. EDT on April 29, 2009.

The study is authored by Dr. Eugene S. Schneller, professor, Arizona State University and principal, Health Care Sector Advances, Inc. Based on a detailed survey of 28 U.S. health care systems representing 429 hospitals, Dr. Schneller quantifies the total U.S. health care cost savings associated with GPOs by measuring such key factors as total savings per hospital and total savings per discharged patient. The report's findings are particularly relevant now as Congress and the Obama Administration seek to achieve greater health care savings through an emphasis on increased efficiencies.

Group purchasing organizations are large national organizations and smaller regional entities that achieve health care cost savings by aggregating their health care buying volume and then using that leverage to negotiate discounts with manufacturers, distributors and other vendors. GPOs negotiate on behalf of hospitals and affiliated health care providers to contract for the best value in their purchase of supplies and services.

Dr. Schneller is Dean's Council of 100 Distinguished Scholars at Arizona State University School of Health Administration and Policy where he is co-director of the Health Sector Supply Chain Research Consortium. Dr. Schneller, who has held teaching and research posts at Montefiore Hospital and Medical Center, Duke University Medical Center, Union College, Albany Medical Center, and Columbia University, is the author of over 35 journal articles as well as the co-author of Strategic Management of the Health Care Supply Chain (Jossey-Bass).

News event speakers will be:

  • Report co-author Dr. Eugene S. Schneller;
  • Todd Ebert, president and CEO, Amerinet, Inc., a St. Louis-based investor-owned group purchasing organization;
  • Alan Yordy, president and CEO, Peacehealth Hospital, Bellingham, Washington; and
  • Curtis Rooney, president, Health Industry Group Purchasing Association.

The Health Care Sector Advances survey and report conducted by Dr. Schneller was carried out with financial support from the Health Industry Group Purchasing Association.

TO PARTICIPATE: You can join this live, phone-based news conference (with full, two-way Q&A) at 1 p.m. EDT on April 29, 2009 by dialing 1 (800) 860-2442. Ask for the "health care savings study" news event.

CAN'T PARTICIPATE?: A streaming audio recording of the news event will be available on the Web as of 7 p.m. EDT on April 29, 2009 at http://www.gpossavemoney.org.

CONTACT: Leslie Anderson, (703) 276-3256 or landerson@hastingsgroup.com.

ABOUT HIGPA

The Health Industry Group Purchasing Association (HIGPA) is a broad-based trade association that represents 16 group purchasing organizations, including not-for-profit and for-profit corporations, purchasing groups, associations, multi-hospital systems and health care provider alliances. HIGPA provides educational opportunities designed to improve efficiencies in the purchase, sale and utilization of all goods and services within the health industry and to promote meaningful dialogue between GPOs. For more information, visit http://www.higpa.org on the Web.


'/>"/>
SOURCE Dr. Eugene S. Schneller, Arizona State University; and Health Care Sector Advances, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Penn study finds pro-death proteins required to regulate healthy immune function
2. New study shows promise in reducing surgical risks associated with surgical bleeding
3. Study, meta-analysis examine factors associated with death from heatstroke
4. Study suggests loss of 2 types of neurons -- not just 1 -- triggers Parkinsons symptoms
5. Study says COPD testing is not measuring up
6. Preclinical study suggests organ-transplant drug may aid in lupus fight
7. Ability to cope with stress can increase good cholesterol in older white men, study finds
8. High alcohol consumption increases stroke risk, Tulane study says
9. Mailman School of Public Health study examines link between racial discrimination and substance use
10. Pitt study finds inequality in tobacco advertising
11. Stanford study highlights cost-effective method of lowering heart disease risks
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/20/2017)... ... 2017 , ... “Code Word: Chocolate Biscuit”: a biographical account following a man who went on ... of published author, Marlyn Ivey, born in Lynn Haven, Florida and at the age of ... 19 years of age, he joined the Navy and got married right out of boot ...
(Date:1/20/2017)... ... 20, 2017 , ... D R Burton Healthcare Products LLC, ... featured in a study indicating superior performance against competitive products in secretion clearance. ... Oscillating Positive Expiratory Pressure Devices During Simulated Breathing“ was published in the winter ...
(Date:1/20/2017)... ... ... enchanting tale that teaches children the true meaning of Christmas. “Journey to Christmas” is the ... devoted woman of faith. , “Becoming a parent changes you. In my case, the ... years, but actually doing it might have been a while in coming if it hadn’t ...
(Date:1/20/2017)... ... , ... “The Land of More and More”: a brilliant story for ... shares the simple and achievable answer. “The Land of More and More” is the ... Church in Angola, Indiana where he works with the children’s ministry department. , ...
(Date:1/19/2017)... ... 2017 , ... Today, the Centers for Medicare & Medicaid Services (CMS) announced ... Models (APMs) in 2017. Clinicians who participate in APMs are paid for the quality ... the Administration’s effort to build a system that delivers better care and one in ...
Breaking Medicine News(10 mins):
(Date:1/20/2017)... Research and Markets has announced the addition of the ... Amplifiers, Diagnostic Instruments), Sales Volume, Company Analysis and Forecast to ... ... Volume, Company Analysis and Forecast to 2022 provides a comprehensive ... The growing prevalence of hearing impairment coupled with an expanding ...
(Date:1/20/2017)... , Jan. 20, 2017  Palladian Health, ... has announced the launch of an opioid management ... guidelines on opioids and helps stem the growing ... often prescribed to treat chronic non-cancer pain (back ... serious risks and lack of evidence regarding long-term ...
(Date:1/19/2017)... 2017 Germany Cataract Surgery ... new report, "Germany Cataract Surgery Devices Market Outlook to ... Surgery Devices market. The report provides value, in millions ... (USD) within market segements - Phacoemulsification Equipment and Ophthalmic ... shares and distribution shares data for each of these ...
Breaking Medicine Technology: