Device giant Medtronic has pulled out of another contract with a group purchasing organization, this time a contract covering spinal products with Premier, according to a MassDevice news report.
The move to cancel Premier's contract comes after Medtronic cancelled five contracts, worth $2 billion, with Novation that covered cardiovascular and orthopedic products. Medtronic reportedly cancelled the contracts with the GPOs to deal directly with hospitals rather than through national contracts.
Read the news report about Medtronic's cancelled Premier contract.
Read other coverage about Medtronic:
- Medtronic's Sudden Contract Exit May Signal Negative Trend for GPOs
- Medtronic Terminates 5 Contracts With Healthcare Supplier Novation
The move to cancel Premier's contract comes after Medtronic cancelled five contracts, worth $2 billion, with Novation that covered cardiovascular and orthopedic products. Medtronic reportedly cancelled the contracts with the GPOs to deal directly with hospitals rather than through national contracts.
Read the news report about Medtronic's cancelled Premier contract.
Read other coverage about Medtronic:
- Medtronic's Sudden Contract Exit May Signal Negative Trend for GPOs
- Medtronic Terminates 5 Contracts With Healthcare Supplier Novation