About: Management Sciences for Health Archives

Pharmacies

We provide access to favorably priced, quality assured medicine and health supplies by bridging the gap between pharmacies and suppliers. From community pharmacies to inpatient and outpatient pharmacy networks, MedSource provides a much-needed business advantage.

Hospitals/Clinics

We help health care providers navigate an evolving landscape to make smarter decisions about business operations and processes using accurate and current data. MedSource provides a simplified procurement process resulting in savings for clinics, dispensaries, in-house clinics, hospitals, and hospital groups.

Distributors

We work with distributors to develop and deliver increased market share and help them build strong relationships with pharmacies and hospitals.

Manufacturers

We provide manufacturers with increased volumes by connecting them in real time with a large network of distributors, institutional and retail pharmacies, clinics, and hospitals.

How Does a Group Purchasing Organization Work?

A group purchasing organization (GPO) allows independent pharmacies, pharmacy chains, hospitals, and other health care providers to buy goods and services at better prices than are usually available to them. It does this by leveraging the combined buying power of its member pharmacies and negotiating discounts with manufacturers, distributors, and other vendors. Because of the economies of scale, every member reaps benefits similar to the largest volume purchaser.

As a GPO, MedSource’s purpose is to improve accessibility and availability of affordable, quality medication and laboratory and health supplies for health care providers and ultimately the population at large.

ABOUT US

How Does MedSource Operate?

MedSource seeks to reduce costs while promoting quality across the entire pharmaceutical supply chain through its membership of hospitals, clinics, pharmacies, distributors, and manufacturers.

MedSource works with suppliers (manufacturers, importers, and distributors) to streamline access and reduce the overall cost of medical supplies.

MedSource aggregates purchases from its members and directs them to a selected group of suppliers, resulting in larger volumes for those distributors and manufacturers.

MedSource does not purchase or stock medications and related health commodities. Instead, it provides its members with a platform through which the member places orders directly with the suppliers at MedSource-negotiated pricing.

MedSource reduces overall costs while promoting quality

across the entire pharmaceutical supply chain

How Does a Group Purchasing Organization Work?

How Does MedSource Operate?

CONTACT US:

QUICK LINKS:

LATEST TWEETS:

CONNECT WITH US: