... 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,
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
News event speakers will be:
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.
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. |
Copyright©2009 PR Newswire.
All rights reserved