Under the proposed agreement, the hospitals would jointly evaluate products, select suppliers and negotiate rates.
The DOJ concluded that the agreement meets “antitrust safety zone” requirements, according to the report. The DOJ’s decision may signal the ability for other healthcare providers to develop collective purchase arrangements in order to reduce costs.
Read the AHA News Now’s report on the DOJ approval of hospital joint purchasing.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit