In this week’s episode, Jeff and Dr. Philip Werschler discuss the power of group purchasing options, or GPOs. Dr. Werschler speaks on efficient practice management and the ins and outs of bulk purchasing through representatives whom you may or may not be able to trust.
Key Highlights
- The group purchase option and working with GPOs
- Negotiating the best price
- Putting some sunlight on prices
- Figuring out what you are actually being charged
- The best way to purchase for your practice
- What are your cost savings?
- Understanding the different playing field for small vs. big practices
- Where should a practice put their focus when it comes to supplies?
- Ordering in bulk, dispersing monthly
- Understanding cash flow management
- Running a more efficient practice
- The financial aspect
- How to save money and make more money in these disruptive times
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