At stockd, we understand the challenges of running a business. With a free business account, you'll join a growing community and unlock exceptional value. Benefits include:
- Access to exclusive pricing discounts on many products sold on stockd
- Ability to register multiple individuals as buyers for your business
- Option to purchase prescription medical devices (licensed medical professionals only)
- Tax exemption for qualifying organizations
- Payment terms and purchase orders at checkout for approved accounts
- Custom price quotes for bulk purchases
Already have a stockd business account? Join Premier's GPO and gain access to additional savings on thousands of products from trusted suppliers directly through stockd. Benefits include:
- Leverage the purchasing power of Premier and its 200,000 member organizations
- Access to over 2,000 pre-negotiated agreements with 900+ suppliers to help your organization save
- Exclusive GPO pricing for many products sold on stockd.
- Join at no cost with no minimum purchasing requirements
- Hands-on support from the Premier team
- Membership application required
how the GPO works.
membership, leverage & savings.
A group purchasing organization (GPO) provides its members with discounts on the supplies, products, and services they need to run their businesses. By aggregating the purchasing volume of its members, a GPO negotiates contracts with suppliers for better pricing on the products and services its members use every day.
better pricing & contract terms
With a steady stream of members' spend in place, GPOs can source contracts with suppliers that can provide better pricing and terms than GPO members can achieve on their own. Suppliers will waive margin opportunities because GPO membership cuts the costs associated with acquiring new business.
continuous improvement alleviates risk
Supplier contracts are constantly managed by the GPO. As more members join and more spend flows through the contracts, GPOs can negotiate even deeper discounts and/or improved terms and conditions with suppliers.
What is the difference between a stockd business account and a Premier GPO membership?
A stockd business account is free to all businesses. Business accounts receive a number of beneﬁts on stockd, including access to lower business pricing on many items, the ability to register multiple users to purchase on behalf of a business, tax-exempt purchasing for qualifying organizations, the option to purchase prescription medical devices (for licensed professionals), and more. Signing up is easy and provides access to business account beneﬁts in minutes.
A Premier GPO membership provides enrollment in one of Premier’s Group Purchasing Organizations. For non-acute healthcare and non-healthcare organizations, Premier’s GPOs are Innovatix and Essensa. A Premier GPO membership provides many benefits including: offline access to more than 2,000 pre-negotiated cost-saving contracts from 900 suppliers for items your business relies on, ranging from medical supplies to office products to technology and more. On stockd, Premier GPO members receive exclusive pricing on many items. Membership in Premier's GPO is also free and requires organizations to complete an online application form.
How does a GPO work?
Think of a GPO as similar to a “big box” membership club, but without a membership fee or warehouse facility. In these bulk stores, the more you buy, the more you save. GPOs work in a similar way.
Members who join Premier’s GPO choose which of our negotiated contracts they want to access, and place orders from the vendors in Premier’s portfolio. These are the same products, services, and vendors that members may already be using, but with discounted prices because of the combined purchasing volume. The result is significant savings for members on the products and services they use every day.
Is there a fee to become a GPO member?
No. If you join Premier or one of its subsidiaries, there is no fee. Just by signing up, our members enjoy access to a portfolio of over 2,000 negotiated contracts. If you decide to purchase through one of the contracts, Premier receives a small administrative fee from the supplier based on your purchasing volume (typically around three percent).
What types of healthcare providers or businesses can join Premier’s GPO?
While originally focused on hospitals and health systems, GPOs are now accessible to all types of healthcare providers, as well as most businesses outside of the healthcare industry.
In addition to hospitals, Premier and its subsidiary GPOs offer membership, curated contract portfolios, and savings for providers such as pharmacies, skilled nursing and senior living facilities, physician practices and medical offices, surgery centers, home health providers, and more. On the business side, Premier and its subsidiary GPOs service educational facilities, the hospitality industry, sports and recreational facilities, community and religious organizations, retail stores, service providers, and more.
I am already a Premier GPO member, why can’t I access GPO pricing on stockd?
In order to view Premier GPO products and access GPO pricing on stockd, you must create a free stockd business account and provide your Premier Entity Code (also called Premier EIN).
Already a stockd business member? To add your Premier Entity Code: sign into your stockd business account, click on edit account, and add Premier entity code to your My Account page. If you need any further assistance, please contact us via email firstname.lastname@example.org.
Please note that GPO members in certain classes of trade including physicians and oncology practices, as well as GPO members who are part of Premier's ProviderSelect: MD program, will be able to access GPO member pricing via our exclusive relationship with McKesson, rather than on stockd.
I am a GPO member – why is the GPO pricing on stockd different than my GPO agreements?
The GPO member price on stockd represents a third price point on the marketplace, in addition to consumer price and business price. This is a fixed price for all GPO members on stockd, and is not connected to a specific member’s GPO contracts, pricing, tiers, etc. We do expect the GPO member pricing to be competitive for many members, but this will not be the case for all members and products. Again, GPO pricing on stockd is meant to supplement traditional GPO membership with a convenient purchasing channel, not replace it.
What are the benefits of GPO member pricing on stockd?
For many members, the key benefit will be a convenient purchasing channel to supplement their GPO membership, where they can purchase from certain GPO suppliers and products without the need for paperwork, contract attachment, price activation, and other processes.