Group purchasing organization definition

Group purchasing organization means any entity established, main- tained, and operated for the purchase of prescription drugs for distribution exclusively to its members with such membership consisting solely of hos- pitals and health care entities bound by written contract with the entity.
Group purchasing organization means any group of two or more
Group purchasing organization means any entity established, maintained, and operated for the purchase of prescription drugs for distribution exclusively to its members with such membership consisting solely of hospitals and health care entities bound by written contract with the entity.

Examples of Group purchasing organization in a sentence

  • Nonprofit management is...100 KB (12,264 words) - 19:40, 5 March 2024 Contract management E-procurement Expediting Global sourcing Group purchasing organization MESC Procurement outsourcing Performance Based Contracting...

  • The term―group purchasing organization‖ is defined at 21 CFR § 203.3 as follows: § 203.3 Definitions.(o) Group purchasing organization means any entity established, maintained, and operated for the purchase of prescription drugs for distribution exclusively to its members with such membership consisting solely of hospitals and health care entities bound by written contract with the entity.

  • For the purposes of this chapter, the following terms have the following meanings: (a) "Group purchasing organization" is an entity that as all or part of its business is authorized by member health care service providers to enter into contracts to purchase medical supplies from vendors as the agent of the members.

  • Discussion of the valuation process and results with the financial controller is held twice a year to coincide with the reporting dates.

  • To request a Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurodollar Borrowing, not later than 2:00 p.m., Eastern time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 9:00 a.m., Eastern time, on the date of the proposed Borrowing.


More Definitions of Group purchasing organization

Group purchasing organization or “ GPO ” means any Subsidiary of the Borrower that provides purchasing for the long-term care industry or other institutional providers.
Group purchasing organization means any group purchasing organization, rebate aggregator, or other Person performing similar services.
Group purchasing organization means an organization that
Group purchasing organization or “GPO” means any Subsidiary of the Borrower that provides purchasing for the long-term care industry or other institutional providers.
Group purchasing organization means an entity authorized to act as a purchasing agent for a group of hospitals.
Group purchasing organization. (“GPO”) means an entity that specializes in the procurement and management of vendor contracts for goods and services that are made available to other entities and member operations through contract (in this case primarily for pharmaceuticals). For this Solicitation, the GPO is the Minnesota Multistate Contracting Alliance for Pharmacy (“MMCAP”) Infuse.
Group purchasing organization means an entity that purchases, arranges for or negotiates the purchase of a covered drug, device, biological, or medical supply for a group of other individuals or entities. 42 CFR § 403.902.