What is the function of a group purchasing organization (GPO)?

A group purchasing organization (GPO) primarily functions to leverage the collective buying power of its member organizations, such as hospitals and medical practices, to negotiate lower prices on medical supplies and equipment. By pooling the purchasing power of many healthcare providers, a GPO can negotiate discounted rates from vendors that individual organizations would not be able to secure on their own. This helps healthcare providers reduce costs on necessary supplies, ultimately contributing to overall efficiency and cost-effectiveness in healthcare delivery.

The other options focus on specialized areas that do not align with the core mission of a GPO. While legal advice, facility management, and overseeing financial operations are essential aspects of running a healthcare organization, they are not the primary purpose of a GPO.