VHA Purchase Agreements With 15 Device Firms Will Save $167 Annually
This article was originally published in The Gray Sheet
Executive Summary
Fifteen device manufacturers have signed agreements with VHA worth an estimated $760 mil. in annual committed member purchases over the next three years. The agreements, dubbed the Opportunity program, cover 25 selected device categories in cardiac catheterization, orthopedics and anesthesiology. The group purchasing organization estimates that the agreements will save its member organizations $167 mil. while improving participating manufacturers' market shares.