Online buying service targets hospitals. Tenn. company broadens customer base for medical-surgical supplies and equipment.
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Biomedical subjects
Publications and source records attributed to S Hensley.
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Group purchasing organizations saw another year of increased volume in 1998, according to Modern Healthcare's annual survey of the sector. But in many cases, customers are going off on their own, becoming competitors to the large GPOs. Fledgling Internet firms also are offering new purchasing options.
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Hospitals and managed-care organizations know that pharmacy costs are going to keep climbing. It's a question of how much and how quickly they can slow the growth of an expense that has become increasingly hard to swallow. Spending on prescription drugs is rising at 12% per year, more than double the 5% increase in national healthcare expenditures.
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