The Society for Vascular Surgery (SVS) has announced a new partnership with group purchasing organization (GPO) Provista in an effort to help provide a cost-slashing benefit to private practice physicians amid ongoing financial pressures in outpatient care.
The initiative, unveiled during a Section on Ambulatory Vascular Care (SAVC) session at the 2025 Vascular Annual Meeting (VAM) on June 6 in New Orleans, aims to help smaller practices reduce expenses by leveraging collective buying power.
“The GPO is something that the SVS has been working on for a while, and it’s finally come to fruition,” said Anil Hingorani, MD, chair of the SAVC. “This is a potential lifeline for smaller outpatient practices.”
Hingorani noted that rising costs and inflation have led to the closure of many office-based labs (OBLs) in his area. He emphasized that the GPO model allows smaller practices to access the same discounted pricing typically reserved for large hospital systems.“For example, a small group like ours with three practitioners might pay half a cent per piece of gauze,” Hingorani said. “But when a larger group buys in bulk, they might pay a quarter of a cent. The GPO brings those smaller practices together to achieve similar savings.”
He continued: “We did some beta testing with practices of various sizes, asking them to identify their top 10 or 20 high-cost items. The results were promising, especially for smaller practices that don’t already benefit from economies of scale.”
Email [email protected] or visit vascular.org/GPO.
