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The first healthcare GPO was established in 1910 by the Hospital Bureau of New York. For many decades, healthcare GPOs grew slowly in number, to only 10 in 1962. Medicare and Medicaid stimulated growth in the number of GPOs to 40 in 1974. That number tripled between 1974 and 1977.
In the early 2000s, Premier was a hospital buying group, pooling healthcare purchases to reduce prices. [3] In 2017, Premier acquired Stanson Health for $51.5 million and, in 2019, acquired Medpricer, a healthcare technology firm, for $35 million. [4]
Vizient Inc., based in Irving, Texas, is a corporation that serves over 5,000 not-for-profit health system members and their affiliates, including 1,360 acute care hospitals. Founded in 2016, it is a successor company to VHA, Inc. , founded in 1977 as a network of not-for-profit health care organizations working in clinical, financial, and ...
Optum, Inc. is an American healthcare company that provides technology services, ... In 2019, Optum's revenues surpassed $100 billion for the first time, growing by ...
Health technology is defined by the World Health Organization as the "application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives". [1]
Sutter Health is a not-for-profit integrated health delivery system headquartered in Sacramento, California. It operates 24 acute care hospitals and over 200 clinics in Northern California. Sutter Hospital Association was founded in 1921 as a response to the 1918 flu pandemic. Named for nearby Sutter's Fort, its first hospital opened in 1923 ...
Image source: The Motley Fool. HCA Healthcare (NYSE: HCA) Q4 2024 Earnings Call Jan 24, 2025, 10:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
Henry Schein, Inc. is an American distributor of health care products and services with a presence in 33 countries. [4] [5] Ethisphere named Henry Schein as one of the 2024 World's Most Ethical Companies for the 13th consecutive year. [6]