Theoretical Underpinnings for Creating Effective Industry-wide Voluntary Codes of Conduct

S. Prakash Sethi

Chapter Chapter 9 in Group Purchasing Organizations, 2009, pp 107-115 from Palgrave Macmillan

Abstract: Abstract The drive for the Initiative was spearheaded by Premier, the industry’s largest GPO. The founding members included the nine leading GPOs in the industry with a combined market share of 85 percent.1 The declared purpose of the Initiative was to engage and sustain “best ethical and business conduct practices in the GPO industry.”2 The nine founding members and initial signatories of HGPII are Amerinet, Inc., Broadlane, CHCA, Consorta, Inc., GNYHA Ventures, Inc., HealthTrust Purchasing Group, MedAssets, Novation, and Premier, Inc. Of the nine GPOs covered by the HGPII, four GPOs, namely CHCA, Consorta, GNYHA, and Premier serve exclusively not-for-profit hospitals. Two others (HealthTrust and MedAssets) serve exclusively for-profit hospital alliances. The remaining three GPOs (Amerinet, Broadlane, and Novation) serve both not-for-profit and for-profit hospital alliances.

Keywords: Corporate Social Responsi; Adverse Selection; Public Trust; Industry Group; Member Company (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62172-5_10

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DOI: 10.1057/9780230621725_10

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