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FAQs about transitioning to a GPO in senior living communities

Senior living communities

October 18, 2024

What is a GPO?

A Group Purchasing Organization (GPO) leverages its members' collective buying power to negotiate better pricing and terms with suppliers. In the senior living industry, a GPO can help communities reduce costs on a wide range of products and services.

Why should senior living communities consider a GPO like Entegra?

  • Cost savings: GPOs can negotiate significant discounts on products and services, helping communities lower operating expenses.
  • Improved efficiency: GPOs can streamline the procurement process, saving time and resources.
  • Access to a broader range of suppliers: GPOs connect communities with a more extensive network of suppliers, offering more options and potentially better deals.
  • Enhanced compliance: GPOs can help communities ensure compliance with industry regulations and standards.

How can senior living communities maximize the benefits of a GPO like Entegra?

  • Participate actively: Engage with your GPO and provide feedback on your community’s needs and preferences.
  • Utilize available resources: Take advantage of the GPO's tools and resources, such as contract management and compliance support.
  • Educate staff: Ensure that your staff is aware of the benefits of the GPO and how to use its services effectively.

What are the potential benefits and considerations when transitioning to a GPO like Entegra?

  • Change management: Transitioning to a GPO may involve adjusting procurement processes and supplier relationships. A well-planned approach can ensure a smooth transition.
  • Contract negotiation: GPOs can simplify contract negotiations, but detailed planning and collaboration with suppliers can help maximize the benefits of these agreements.

By carefully considering these factors and addressing potential challenges, senior living communities can successfully transition to a GPO like Entegra and realize substantial benefits in cost savings, efficiency and compliance.

Explore the benefits of Entegra today. Contact us to learn more.

You can also read more about how we serve our senior living clients.

October 18, 2024

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