Group Purchasing Organizations (GPOs) are entities that help businesses, especially in the healthcare sector, save money by pooling their purchasing power. By combining the orders of multiple members, GPOs negotiate better prices and terms with suppliers, allowing smaller organizations to access discounts typically available only to larger companies. These organizations serve a variety of industries, including healthcare, education, and hospitality. Members of a GPO benefit from reduced costs on products and services, which can lead to significant savings and improved operational efficiency. GPOs also provide valuable market insights and support to their members.