Doug mentions they are looking at the GPOs in the US as next...

Doug mentions they are looking at the GPOs in the US as next phase of the distribution. List below of the major GPOs:

1. Vizient

• Overview: Vizient is one of the largest GPOs in the United States, serving hospitals, health systems, and other healthcare providers.
• Role in POC Diagnostics: It has comprehensive purchasing contracts for diagnostic equipment, including POC instruments, lab supplies, and medical devices.
• Key Services: They focus on cost reduction, clinical analytics, and supply chain optimization for their members.

2. Premier Inc.

• Overview: Premier Inc. is another large GPO in the US, with a strong focus on improving healthcare quality and lowering costs for its members.
• Role in POC Diagnostics: Premier negotiates large-scale contracts with diagnostic instrument suppliers, ensuring their members have access to competitive pricing on POC diagnostic products.
• Key Services: They also offer data analytics, consulting services, and performance improvement programs.

3. HealthTrust

• Overview: HealthTrust is a GPO that works with over 1,500 hospitals and healthcare facilities.
• Role in POC Diagnostics: They specialize in securing procurement contracts for medical and diagnostic instruments, including POC devices for rapid testing.
• Key Services: Their value proposition includes clinical integration, supply chain management, and financial performance improvement.

4. Intalere

• Overview: Intalere is focused on helping healthcare providers improve operational performance and reduce costs.
• Role in POC Diagnostics: They offer procurement solutions for POC diagnostic instruments, medical devices, and other clinical equipment.
• Key Services: Intalere provides supply chain management services, as well as clinical and operational consulting.

5. MediGroup

• Overview: MediGroup is a GPO that caters to non-acute healthcare providers, such as physician offices, surgery centers, and diagnostic labs.
• Role in POC Diagnostics: MediGroup assists in the acquisition of diagnostic tools, including POC instruments, often focusing on small to mid-size healthcare providers.
• Key Services: Their focus includes contract negotiation, cost containment, and supply chain solutions.

6. Acurity (part of Premier)

• Overview: Acurity operates within Premier Inc. but specifically focuses on the Northeast region of the US, serving health systems in that area.
• Role in POC Diagnostics: It provides procurement contracts for a variety of healthcare supplies, including POC diagnostic equipment.
• Key Services: In addition to procurement, Acurity offers analytics and performance improvement strategies.

7. Capstone Health Alliance

• Overview: A regional GPO that serves hospitals and healthcare providers in the Southeastern United States.
• Role in POC Diagnostics: Capstone offers contracts for diagnostic instruments, including POC devices, and partners with manufacturers to offer competitive pricing.
• Key Services: Cost management, contract negotiation, and member support services are their primary offerings.

8. CHAMPS Group Purchasing

• Overview: CHAMPS is a national GPO with a diverse membership that includes healthcare organizations, clinics, and other non-acute care facilities.
• Role in POC Diagnostics: They assist their members in sourcing high-quality diagnostic instruments, including POC systems, through competitively negotiated contracts.
• Key Services: CHAMPS offers supply chain management, financial consulting, and quality improvement programs.

9. AdvantageTrust (part of HealthTrust)

• Overview: Focuses on serving smaller healthcare organizations, including physician groups and outpatient clinics.
• Role in POC Diagnostics: Provides access to POC diagnostic instruments and supplies through contracts designed for non-acute care facilities.
• Key Services: They offer supply chain savings, operational guidance, and procurement support.

FFN Test:

Making the new test instrument and reagents. This means the actual device (reader and screen setup) as well as the cartridges / test strips for the test itself. Ongoing revenue would be received for the test strips long term.