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In a recent article for the Journal of Healthcare Contracting titled “Taxes and Transparency”, available here, Curtis Rooney, President of HIGPA, discusses the lack of pricing transparency that currently exists in the healthcare supply chain. GPOs who are members of the Healthcare Group Purchasing Industry Initiative (HGPII) are leading the way in transparency by adopting a code of conduct and posting their business practices on a public website (www.healthcaregpoii.com).
This is an example for the rest of the supply chain; by all parties sharing and comparing data—including data on pricing—hospitals and healthcare facilities can save money and focus on their primary responsibility: providing safe, quality healthcare to patients. GPOs are doing their part; we trust that others will follow.
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