. . . . . . . . . . . . . . . . . What is a GPO?
Group Purchasing Organization. A group purchasing organization aggretates customers purchases in similar classes of trade in order to provide discounts on pharmaceutical products. Where do I order my products from?
Products can be ordered from wholesalers, distributors or direct from manufacturers depending on the preferences of the manufacturer. Most contracts are for indirect purchases from wholesalers/distributors. How much does it cost?
Membership to Armada is free. Will I get locked into a contract that is hard to get out of?
No - Armada believes in openness. You can leave Armada at your choosing. However, there are rebate and other performance incentives which may be adversely effected by leaving in the middle of a quarter. How do rebates work?
Rebates are purchasing incentives supplied by manufacturers. Rebates are either fixed or flat. Other rebates pay a % of sales based on changes in market-share... moving more purchases to the target product. How do I know I am receiving the correct contract/discount price?
Armada monitors your purchases to ensure you are receiving Armada contract, thereby maximizing your purchasing dollar. How do I find out what pricing and rebates are available?
There are several ways to find out when pricing and rebates are available. Armada members' status reports give you a quick look at new products and price changes. You can also call your Account Manager. They will be able to discuss your purchases in detail and answer all your questions about products and rebates. How important is it to sign commitment, and other, forms?
Signing commitment forms ensures that you are linked to the proper vendor program. Signing commitment forms starts the process of manufacturers recognizing you as an Armada member entitled to Armada contract pricing and rebates. Without signing a manufacturer's commitment form, you will still be a member of Armada but not in the eyes of that particular vendor. Why should I choose Armada as my GPO?
Armada is dedicated to your profitability. Armada also has a talented and dedicated team helping you realize your pharmaceutical purchasing goals. What are the requirements for membership?
You must be a closed door or Specialty Pharmacy. How do I become a member?
It's easy. You will become a member of Armada by emailing us at membership@armadahealthcare.com or by calling 973-564-8004. Membership in Armada is free so call today to begin the process of realizing your pharmaceutical purchasing goals. How long does it take to become a member?
Once you have completed the Armada and manufacturer documentation you will begin receiving Armada contract pricing in about 30 days. It typically takes wholesalers this long to connect you to the Armada contracts. Who will be my contact at Armada?
You will be assigned an account manager who will regularly review your purchases to look for consistency. Feel free to contact your account manager with your questions.
