Creating group purchasing organizations for niche industries allows operators to aggregate buying power and secure better pricing on recurring expenses.
“it's like a 65% savings so then you go to the 50 and you say hey here's what I what I negotiated we're GNA save 66% my fee is going to be 30% of the savings so what you are describing is a g a group purchasing organization they're freaking amazing”
Chris Koerner on The Koerner Office Podcast · Oct 2024 · 1 episode · 14K views on this topicGroup purchasing organizations are effective for negotiating revenue rates in healthcare by organizing independent providers to increase their bargaining power.
“I think it would be really interesting specifically in the health space and I I don't know if this is feasible but like conceptually it sounds like it makes sense for somebody who knows Healthcare like somebody like me to Target A specific group of providers”
Chris Koerner on The Koerner Office Podcast · Oct 2024 · 1 episode · 14K views on this topicExtracted by a model; may misattribute who said what.