Group Purchasing

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Power in Numbers

At Stratum, we save our Shareholders and Clients money on their med/surg supply, equipment, laboratory, pharmacy and office supply purchases.

Stratum’s GPO model offers the following benefits:

  • Leverage the collective “Groups” consolidated purchasing power to achieve higher discount tiers
  • Dedicated support teams to ensure consistent, first-class service
  • A partner acting as a “watch dog” to ensure pricing integrity and consistency based on contract terms
  • Networking opportunities where materials managers, lab directors, pharmacy directors and imaging directors can challenge and learn from one another

Group Purchasing programs are critical for organizations to remain competitive by reducing operating costs. How do we do it?

Stratum  has achieved significant savings ranging from 8-20% by leveraging Stratum’s collective buying power. The objective of Stratum’s Group Purchasing Organization is to benefit Stratum Shareholders and Clients by lowering the acquisition and distribution cost of medical supplies, lab supplies, equipment, pharmaceuticals and office supplies. Through our GPO alliance with Provista and our preferred relationships with McKesson, Medline, Fischer Scientific and Quest Diagnostics….Stratum has developed a non-acute, integrated purchasing program providing Stratum Shareholders and Clients access to pricing, services, and features which are typically available only to large hospitals and healthcare systems.

Materials Management

All of this is in our participant’s reach regardless of individual size!

Cost Savings: Stratum Partners receive true supply price reductions. See Example.