Emerging contract incentives can add to hospitals' savings.
Group purchasing organizations are trying to draw more volume out of their hospital members by offering additional price breaks if purchases meet performance targets, says John Henderson. The purchasing groups see the approach as a way to keep their promise to manufacturers of volume in return for discounts.
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D003284:Contract Services / Q000639:trends*; D003363:Cost Control / Q000379:methods; D006755:Hospital Shared Services / Q000639:trends*; D011682:Purchasing, Hospital / Q000191:economics*; D014481:United States