How Our GPO Model Works for You
You may be familiar with Group Purchasing Organizations, but the K1 Medical model was designed to be different. We are a GPO built by a physician, for physicians, with a focus on transparency, compliance, and maximizing your savings.
What is a Group Purchasing Organization (GPO)?
A GPO leverages the collective purchasing power of its members to negotiate discounts from manufacturers and vendors. By uniting many independent practices, a GPO can secure pricing that is typically only available to large hospital systems.
How We Pass Savings to You
Our model is simple and transparent, and it's fundamentally different from other GPOs. K1 Medical charges no membership fees or dues, ever. Our model is 100% free for your practice to join and participate in. We believe you shouldn't have to pay money to save money.
We negotiate discounts directly with manufacturers. We earn a small percentage of the vendor rebates generated by our members' purchases. The majority of those rebates are then passed directly back to you, our member physician, as a distribution.
A Safer, Compliant Model for Physicians
Our founder, a practicing physician, created K1 Medical to be a "safer" GPO. We are structured to be fully compliant, protecting our members from the risky and often illegal billing practices that are unfortunately common in the industry.
Ready to Get Started?
Joining K1 Medical is simple. There are no fees and no complex contracts. Contact us today to learn more about our physician-led GPO model and start saving on your medical supplies.