The following are six of the largest group purchasing organizations ranked by acute-care hospital members, according to each organization's self-reported* numbers.
1. MedAssets (Alpharetta, Ga.) — 4,400 hospitals and 122,000 non-acute healthcare providers. MedAssets is an exclusively healthcare-focused GPO that serves four out of five hospitals in the U.S. The GPO manages more than $50 billion in supply expense, $2.5 billion in labor expense and $365 billion in gross revenue on behalf of its clients.
2. Amerinet (St. Louis) — 3,305 hospitals and more than 65,000 non-acute health systems. Amerinet is privately owned organization that was established in 1986. In 2012, Amerinet members spent a total of $8.9 billion and saved a total of $1.19 billion. The GPO also extends its reach through 14 alliances and 16 affiliate companies.
3. Novation (Irving, Texas) — 3,100 hospitals (including 1,200 of Provista's contracts) and 100,000 other members. Novation serves as the contracting arm for VHA, UHC, Children's Hospital Association and Provista, allowing their more than 100,000 total members to take advantage of Novation's contract negotiations. Provista is a GPO serving the education, hospitality and corporate markets in addition to healthcare, but Novation contracts and manages its agreements. In 2013, members in the four-organization alliance purchased $49 billion products and services.
4. Premier (Charlotte, N.C.) — 3,000 hospitals and 110,000 other healthcare providers. In addition to leveraging contracts for its member providers, Premier also has a clinical database containing information on approximately $41 billion in annual purchasing data, approximately 2.5 million real-time daily clinical transactions and data on one third of discharges nationwide.
5. HealthTrust Purchasing Group (Brentwood, Tenn.) — 1,400 hospitals and 10,600 non-acute care sites. HealthTrust offers three types of memberships, including one offering procurement options in Europe and the United Kingdom. An affiliate of Parallon, HealthTrust also offers initiatives in sourcing, supply chain consulting and spend analytics.
6. MAGNET (Mechanicsburg, Pa.) — 730 hospitals and 9,000 other providers. Founded in 1979, the Mid-Atlantic Group Network of Shared Services coordinates and communicates with its five member organizations and their user networks (Dayton-based Southwest Ohio Health Care Affiliates, Wallingford-based Connecticut Hospital Association Shared Services Program, Allentown, Pa.-based Hospital Central Services Cooperative, New York City-based Joint Purchasing Corporation and Kearny, Neb.-based PHYND Technologies) to respond directly to their needs.
*Editors note: As the data here are self-reported, there may be discrepancies in the standardization of data collection.
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