MGMA Podcasts

In this episode of the MGMA Business Solutions Podcast, host Daniel Williams welcomes Frank Herrington, Senior Director of Sales at MGMA Best Price. MGMA BestPrice is an exclusive group purchasing organization (GPO) that provides MGMA members access to discounted pricing on essential medical, surgical, pharmaceutical, and business services. Frank shares how MGMA members of all sizes can benefit from the program and the significant savings opportunities available.

Key Takeaways:
  • MGMA BestPrice is a free, no-risk program that leverages the collective buying power of MGMA members to negotiate lower pricing on a wide range of products and services. "MGMA BestPrice provides contract pricing for medical, pharmaceutical, surgical equipment, office supplies, IT products, travel services, shipping, shredding, and more," Frank highlights. "It helps organizations reduce costs and improve operational efficiency."
  • MGMA BestPrice works with a variety of medical practices, from primary care to specialty groups, as well as ambulatory surgery centers and other healthcare organizations. "By joining MGMA BestPrice, medical practices can save up to 20% on essential products and services," Frank says. "The best part is that practices don't need to change their distribution representatives or ordering process."
  • MGMA BestPrice provides dedicated customer support, including a personalized account manager to guide members through the implementation and onboarding process. Frank advises, "If you're on the fence about joining MGMA BestPrice, the best thing to do is to reach out to one of the representatives, and we can perform a cost study analysis for the prospective member."
  • MGMA BestPrice has saved members over $14 million in the last year, with one member expected to save close to $1 million over the next seven years.
Resources:
  • To learn more or sign up for MGMA BestPrice, visit MGMABestPrice.org or call 844-234-6462.

What is MGMA Podcasts?

Welcome to the MGMA Podcast Network, your gateway to insightful discussions and expert analysis on key topics in healthcare management. Dive into a diverse array of shows tailored to meet the interests and needs of healthcare professionals like you.

Explore the experiences and perspectives of trailblazing women in healthcare on "Women in Healthcare," or discover innovative strategies and solutions for your practice on "Business Solutions." Stay updated on the latest industry trends and news with "Week in Review," and gain valuable insights from industry leaders and MGMA members on "Member Spotlight." Don't miss our flagship show, "MGMA Insights," where we delve deep into the most pressing issues facing healthcare organizations today.

Whether you're seeking inspiration, practical advice, or in-depth analysis, the MGMA Podcast Network is your trusted companion on your journey towards excellence in healthcare management. Tune in and join the conversation today!