GPOs do some explaining. Concerned about conflicts of interest, a Senate judiciary committee gives GPOs 90 days to create a code of conduct.
Premier Chairman and CEO Richard Norling and Novation President Mark McKenna feared the worst before a U.S. Senate subcommittee last week. Equipment markers' allegations that their innovative products are barred from the marketplace by deals between GPOs and longtime large suppliers led to the hearing. But instead of lowering the boom, the panel gave the companies a grace period to straighten up.
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D000066:Accounting; D016363:Antitrust Laws; D016265:Conflict of Interest; D017754:Group Purchasing / Q000191:economics* / Q000331:legislation & jurisprudence; D011640:Public Policy; D014481:United States