GPO Assessment and Conversion

Almost all hospitals (98%) are either members or affiliates of a group purchasing organization (GPO). GPOs offer vital services for every supply chain function, and hospitals rely on them for advantageous supply and drug pricing as well as for other value-add services. GPO relationships are typically a minimum of five years and most are reviewed even more infrequently than that.

But are you maximizing the savings potential with your GPO? How do you know if your GPO is the right one for your organization? What more could you achieve with your GPO? We objectively guide our clients through the complex process to answer these questions, assess your GPO, ensure your GPO partner is the best possible fit with your organization and its culture, and help you convert your contract if that’s the best option for your organization.

As a completely objective third-party consultant, you know we have your organization’s benefit as our top priority.

Client Benefits

Maximize GPO savings
Improve pricing and contract terms
Enhance standardization
Reduce costs and improve quality

Our Approach

For more than two decades, Novia has partnered with hospitals and healthcare systems to improve their efficiency, quality and financial health. Today we continue to work with hospitals and healthcare systems to transform their non labor expense management as they face increasing pressure to reduce costs associated with this major cost center.

Every client project is overseen by a clinician and every project team comprises a project director responsible for ongoing client communication and subject-matter experts with immense knowledge as well as established healthcare consulting experience. We begin each project with an assessment phase to identify opportunities to reduce costs and increase efficiencies. We then vet each opportunity with you and together we prioritize the opportunities and determine the project plan to achieve the results. Once agreed, we move into implementation phase.

All along, we remain focused on our core tenets:

  1. We do good client work… every time
  2. We assemble strong teams
  3. We motivate our people for exceptional performance
  4. We operate our business in a manner that ensures your future and ours

Ready to Talk?

Contact Tom Fox today to discuss how Novia Strategies’ Non Labor consulting solutions can help your organization succeed.

Tom Fox

Thomas Fox III

Managing Director

Email | 866-747-4200 | LinkedIn | Bio