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Health Systems Brace for Significant 2025 Cost Surge, Shift to GPOs and Outsourcing for Supply Chain Solutions, Black Book Survey Finds
Newswire September 16, 2024
Hospitals are not just outsourcing procurement but also forming deeper strategic partnerships with GPOs. These partnerships go beyond price negotiation to include strategic planning, supply chain optimization, and long-term cost-saving initiatives.
TAMPA, Fla., September 16, 2024 (Newswire.com) – The trend of hospitals outsourcing to Group Purchasing Organizations (GPOs) has been gaining significant momentum in recent years, and 2024 is no exception, according to Black Book Research’s annual poll of over 1,000 industry operations leaders.
“This surge in outsourcing is largely attributed to a confluence of factors, including escalating cost pressures, the increasing complexity of healthcare supply chains, and the constant drive for operational efficiencies,” said Doug Brown, President of Black Book. “As healthcare systems face growing financial...
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