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Billions wasted in way medical devices are bought, study finds
USA Today

A study published Wednesday says hospitals and the federal government could save tens of billions of dollars a year if they changed the way group purchasing organizations — which buy medical supplies in bulk for member hospitals — are compensated. The study said hospitals and health care providers save money when they buy medical devices on their own instead of getting them through group purchasing organizations even though GPOs exist to save money for those buyers. The authors of the study say that is because medical device suppliers pay the GPOs for the right to sell their products to the hospitals, creating a conflict of interest.

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