Abstract Manufacturers Whose Gpo Form

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hello this is dr eric bricker and thank you for watching a healthcare z today's topic is hospital group purchasing organizations or gpos so if we work in healthcare we have to know what a gpo is because this is one of the acronyms that is just kind of thrown around all the time and so it's important for us to actually know like what these are so gpos are collective buyers in the hospital or the healthcare system supply chain now all the supplies at a hospital including the medications and like the hospital beds and the linens and the gauze and the surgical supplies you add all that up that's about 33 of a hospital spend the largest expenditure is actually labor for a hospital but all this supply stuff it's number two it's about 240 billion dollars probably more than that now this estimate was from a few years ago uh total that's spent by hospitals in america on their supply chain so it's significant right now we're talking about meds or supplies even cleaning supplies right so now the