Medbuy Members have flexibility and choice. Our innovative Strategic Sourcing services allow Canada's health service providers to substantially reduce the cost of medical supplies, services and pharmaceuticals in a tremendous range of product categories. To achieve maximum savings, our Members purchase from Medbuy's exclusive contracts offered through our current program offering, which includes:
Our team is composed of a practicing physician, Registered Nurses, Licensed Pharmacists, a Registered Pharmacy Technician, certified purchasing professionals, and business professionals with supply chain expertise who understand first-hand the clinical considerations as well as the challenges facing healthcare organizations today. We work directly with our membership to provide assistance, insight and support throughout the entire contracting cycle to ensure quality products are available at the best possible price.
Members join Medbuy because they understand and have evidence that standardization and high compliance can maximize savings opportunities. Our single-source contracts have long been the best way to do this. However, we also offer select-source opportunities, as required, for complex or unique product categories that allow Members to have more choice and realize savings without sacrificing the value that comes with contract commitment. In this way, Members get the products and services their patients’ need, while continuing to receive the best possible pricing.
Medbuy is a Member-driven organization. We engage Members and their clinical specialists and subject matter experts in the sourcing process. We leverage the extensive expertise of our staff to support Member needs and decision-making throughout each step. We also work directly with Members to ensure that a seamless transition to, or implementation of, our contracts is achieved. Some of our Members have seen immediate savings of up to 15% within weeks of starting conversion to Medbuy contracts.
Medbuy provides its Members with access to data analysts and a system of web-based tools that help identify new contract opportunities, establish and manage contracts that best meet our Members' needs and maximize the savings potential. In fact, Medbuy is the only GPO in Canada with the capacity to provide a sophisticated technology suite to its membership that has the power to enable sound purchasing decisions and drive savings.
Medbuy is committed to ensuring that a fair, equitable, rigorous and structured contracting process takes place each and every time we go to market on our Members' behalf. We always exercise due diligence in sourcing, evaluation and contract award.
At a time when there is an unmatched level of scrutiny with respect to public sector spending, our Members can rest assured that the process used for Medbuy contracts adheres to the latest provincial and federal guidelines and laws with respect to public procurement.