Frequently Asked Questions
What is a group purchasing organization (GPO)?
A group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of business to obtain discount or preferred pricing from vendors based on the collective buying power of all the GPO members.
What differentiates LTC Elite from other Group Purchasing Organizations?
LTC Elite was created by long term care owners/operators who intimately understand your everyday challenges mitigating risk, controlling reimbursement issues and maximizing overall company profitability. In today’s health care environment, it is easy for your company to get trapped in to a “reactive” approach to business. While most GPO’s focus solely on capital equipment and food costs, LTC Elite’s focus is to avail our members with a “boutique” group purchasing platform and customized risk management solutions that shield them from the unknown; allowing them to think strategically and make “proactive” business decisions, while enjoying the purchasing power of companies many times their size.
Is there a cost to join and what are my obligations for membership?
There is no annual or monthly fee to join. Prior to signing up, LTC Elite will provide a “no charge” vendor cost analysis, showing the value of membership. Whether our members choose one or multiple “elite vendors”, LTC Elite will continue to partner with our members to recommend solutions that help you mitigate risks and control costs.
* As a benefit to our new members, LTC Elite provides a no cost, no obligation full risk management consultation to better understand your business and help you identify your total cost of risk.