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STG Medical Care GPO (Group Purchasing Organization)
SHAR TECHNOLOGIES GROUP (STG)
STG Medical Care Division (STG‐MCD)
Proprietary & Confidential
STG Medical Care GPO (Group Purchasing Organization)
Opportunity to connect to 45 000Opportunity to connect to 45,000 beds in Phase I (Andhra Pradesh and
Telangana)Telangana)
Proprietary & Confidential
Table of Contents• About GPO & History
• About STG‐MCD
• Mentor & Team
• The Innovative Initiative
• One Stop Solutions
• Delivery MechanismDelivery Mechanism
• Stakeholders
• Privilege CardsPrivilege Cards
• Partners
• Advantages & Benefits• Advantages & Benefits
Proprietary & Confidential 3
About GPO• A Group Purchasing Organization (GPO) is an entity that is
created to leverage the purchasing or buying power of a groupof members to obtain discounts from vendors based on theof members to obtain discounts from vendors based on thecollective buying power of the GPO members.
• Many GPO's are funded by either a membership fee or anadministrative service fee that is paid by the vendorsadministrative service fee that is paid by the vendors.
• Many GPO's provide free membership in an effort to attractbusinesses or organizations into their GPO which in turn givesh b ithem greater buying power.
• A Group Purchasing Organization (GPOs) assists in promotingquality medical care relief and assists diverse providers ineffectively managing expenses.
• A GPO aggregates the purchasing volume of its members forvarious goods and services and develops contracts with suppliers
Proprietary & Confidential 4
g p ppthrough which members may buy at group price.
History• The first healthcare GPO was established in 1910 by the
Hospital Bureau of New York.• Medicare and Medicaid stimulated growth in the number of• Medicare and Medicaid stimulated growth in the number of
GPOs to 40 in 1974.• By 2007, there were hundreds of healthcare GPOs, "affiliates"
dand cooperatives.• 96% of all acute‐care hospitals and 98% of all community
hospitals held at least one GPO membership.p p• GPOs, save the U.S. health care industry more than $36 billion
annually.• Largest GPO’s are MedAssets Premier Inc Novation LLC• Largest GPO s are MedAssets, Premier Inc., Novation LLC,
HealthTrust Purchasing Group, Amerinet Inc., PDM Healthcare,US Department of Veterans Affairs, US Department of Defense,R O i i i & I i
Proprietary & Confidential 5
Resource Optimization & Innovation.
About STG‐MCDShar Technologies Group (STG) is incorporated as a partnershipcompany by Dr. Pasam Prasad Rao and Korchipati Radhika Rajaniin 2005 The vision of this firm is to work in two major areasin 2005. The vision of this firm is to work in two major areas“Udhyogam” (Employment) and “Aarogyam” (Health). STG’smanagement philosophy is innovation, partnerships, continuous
l d d l hsupply and customer delight.
STG’s Medical Care Division (MCD) innovative initiative “STGSTG s Medical Care Division (MCD) innovative initiative STGMedical Care”, a Group Purchasing Organization (GPO) is a OneStop Medical Care Solutions platform. STG’s marketingphilosophy is to offer products/ services/ solutions to itscustomer at low cost without compromising on the quality.
Proprietary & Confidential 6
BULK PURCHASES – BULK SAVINGS
Mentor & TeamMentor: Padmabhushan Prof. B M HedgeMD, PhD, FRCP (Lond, Edin, Glasg & Dublin) FACC, FAMS: Veteranphysician and administrator. He is an affiliate professor of Human Health,University of Northern Colorado since 2002, Chairman Bihar State HealthSociety’s Expert Committee, Patna, Member, Postgraduate MedicalEducation Board, Government of India, former chairman, Ohio UniversityTrust, former vice chancellor, Manipal University, He is admired not only, , p y, yfor his skills in Medical field, but also for his humane approach. Arecipient of numerous national and international awards including Dr.B.C.Roy National Award, Dr. J.C.Bose Award for Life Science Research,Pride of India Award form the USPride of India Award form the US.
Team: Dr. Pasam Prasad Rao, Founder & CEOMBA, PhD, with over 15 years of multifaceted experience in HumanResources Management in India and Abroad. An excellent Administratorgwith varied experience in the field of human capital management.Credited with many innovative ideas and known for his passion toimplement them. An excellent communicator with flair for implementingbest practices to achieve excellence in business
Proprietary & Confidential 7
best practices to achieve excellence in business.
Mentor & TeamTeam: P H Khan, AdvisorA post‐graduate in Agriculture and a Fellow of Insurance Institute of Indiawith vast experience in Administration and Legal Departments apart fromcore Insurance field. Retired as General Manager after three decades ofillustrious career in Insurance Industry. Associated with formulation ofinnovative schemes in Health Insurance including mass based healthinsurance with proven expertise in implementing them.p p p g
T N ti B l b h G l MTeam: Narnepati Balasubrahmanyam, General ManagerGraduate in Pharmacy with over 12 years of experience in the areas ofAdministration, Business Development and Sales & Marketing and Teammanagement. He has good marketing skills and ability to lead field teams.
Proprietary & Confidential 8
The Innovative Initiative
For the first time in India Shar Technologies Group (STG)’sMedical Care Division (MCD) is offering “One Stop Medical CareMedical Care Division (MCD) is offering One Stop Medical CareSolutions platform” to various Organizations in MedicalCare. This is first Health Care Group Purchasing Organization(GPO) in India On behalf of our privileged members group(GPO) in India. On behalf of our privileged members grouppurchasing of the products/ services/ solutions at cheaper rate isdone without compromising on the quality.
STG Medical Care is offering free membership and facilitationwith Banks for Corporate Credit Card for these purchases:
“STG M di l C P i il C d C t ”“STG Medical Care Privilege Card – Corporate”
In Andhra Pradesh, STG‐MCD has signed MoU with APNA (Andhra Pradesh Private Nursing Homes and Hospitals Association) which has more than 5,000 members.
Proprietary & Confidential 9
p ) ,
The Innovative Initiative• Enrollment of Organizations in Medical Care with free
Membership and issue of Privilege cards (In Phase I in AndhraPradesh STG‐MCD for 1 800 (25 bedded) Hospitals by MarchPradesh STG‐MCD for 1,800 (25 bedded) Hospitals by March2014. Phase II will start from Jan 2015 to rest of India.
• STG‐MCD identified regular purchases of products/ services/solutions in 10 categories to be offered for their members.
• STG‐MCD is working various qualified Delivery partners to offerthese solutionsthese solutions.
• Group Purchase on behalf of the members resulting in betterprocurement rate – Institutional Procurement Rate Card.
• Better control of Inventory.
• Quality certification for the all the products we source by SGS.
Proprietary & Confidential 10
• Use of ICT Applications for procurement and payment gateways.
One Stop Solutions• Hospital Supplies
• Hospital Information TechnologyS iServices
• Employment & Training
• Medical EquipmentMedical Equipment
• Hospital Accreditation & Quality
• Advanced Ambulance Services
• Bio Medical Waste
• Medical Tourism
• Health Care Media
• Hospital Infrastructure
Proprietary & Confidential 11
Delivery Mechanism
Hospital
Franchisee
Delivery Partner AHospital
50anchisees
Group PurchaseNegotiate
/Franchisee
Hospital
Hospital
50
Delivery Partner B
Marketing, ls &
36 Fr
M thl / A l/
Special/ Cheaper RateCredit Card Processing
E t O dSTG‐MCD
Hospital Delivery Partner C
Collecting PO’s, Coordination Implementation
00 H
ospita Monthly/ Annual/
One time Purchases
Delivery ProcessQuality Checks
Execute OrdersDelivery Schedules
FranchiseeHospital
Hospital
Hospital
50
Delivery Partner D
beds, 1,80 Payments
• Hospitals will raise the Purchase Orders (PO’s) to the Franchisee.• Franchisees will submit to STG‐MCD.• STG MCD will collate all the PO’s and submit to Delivery Partners1
–45,000 b
Proprietary & Confidential 12
• STG‐MCD will collate all the PO s and submit to Delivery Partners.• Delivery Partners will execute the order as per the payment schedules and delivery timelines.
Phase
StakeholdersProducts/ Services/ Solutions at a Special/ Cheaper rates
Member
Products/ Services/ Solutions at a Special/ Cheaper ratesBetter Control of the Inventory and Quality
Member Hospitals
Constant flow of businessBetter Control of the InventoryOne Stop Business Channel
Quality TreatmentCompetitive Cost
STG‐MCD
Delivery PartnersPatients
p
STG MCD
FranchiseesCoordinators Association with the hospitals –Perennial BusinessHealth Camps
Operations ControlInsurance Support Services
Training Programs
Proprietary & Confidential 13
Privilege CardsFor the first time in India, STG Medical Care isoffering free membership.
STG Medical Care Privilege Card‐Corporate for theOrganizations working in Medical Care Sector likeHospitals, Diagnostic Centers, NGO's, Pharmap , g , ,Companies, Educational Institutions.
STG Medical Care Privilege Card‐Medical CareSTG Medical Care Privilege Card Medical CareProfessional for professionals working in MedicalCare Industry. This privilege card entitles itsmembers big rewards, discounts and special ratesg , pon group purchase of such solutions / services /products procured through STG‐MCD. ForIndividual Members this card will be connected to
Proprietary & Confidential 14
the regular Merchandise discounts and coupons.
PartnersHospital Supplies Mypharmaplus, STG EXIM
Hospital Information Technology Services IBM, Xinthe Technologies, Alt M, Bitranet,BeePHR, ABIA Inc, Talex, ,
Employment & Training STG‐ETD, Geostat, MSS, IQAG
Medical Equipment GIMS, IILTD, Team Best, Toshiba, Mitsubishi
Hospital Accreditation & Quality SGS, TUV Rheinland, Harsha Technologies
Advanced Ambulance Services Ambyservices, Disha, EMRI
Bi M di l W t iW t M i i l C tiBio Medical Waste iWaste, Municipal Corporations
Medical Tourism Venche Corporation, KIMS, Apollo, Sunshine
Health Care Media Gaian Solutions and Talent ExchangeHealth Care Media Ga a So ut o s a d a e t c a ge
Hospital Infrastructure Livingwaterfine, EPE Industries, PYGE,Maksun Solar
Proprietary & Confidential 15
Advantages & Benefits• Savings in supply costs provided to hospitals as a result of
negotiations by GPOs are significant.
GPO d b t th ti l d ti t• GPOs are concerned about therapeutic value and patientsafety as well as price.
• Medical practices are able achieve substantial savings on• Medical practices are able achieve substantial savings onthe equipment, products and services needed daily to operatetheir practice.
• The relationships formed by the GPO make the purchasingprocessmuch easier for the medical practice.
S l P h i Eff t P h i di l i t• Seamless Purchasing Efforts –Purchasing medical equipmentand services is much more efficient once you become amember of a GPO. The relationships formed by the GPO make
Proprietary & Confidential 16
the purchasing process much easier for the medical practice.
Contact Us
SHAR TECHNOLOGIES GROUP
http://www.sharinc.com/html/stg_medical_care.htm
Mobile: +91‐9177111779
EMPLOYMENT I MEDICALCARE I EXIM I CSR
"Knowledge Base“
Kindly feel free to contact the STG ‘s Vision Keeper Dr. Pasam Prasad Rao for any
l ifi ti l i d f b t i hclarification, sales, grievances and of course your best wishes.
Proprietary & Confidential 17
From the Founder
“Service to Mankind is Service to God”
Dear STG Medical Care Privilege Card Members,
I take this opportunity to thank you all for the patronage you are showing tothis innovative initiaitive. I welcome more and more Organizations working inthe medical care domain to become Corporate Members and Medical CareP f i l t b I di id l M b f “STG M di l C ” PlProfessionals to be come Individual Members of “STG Medical Care”. Pleaseenjoy the experience of togetherness. We know the challenges in medicalcare industry as we have been associated with various medical care initiativesfor the past 15 years This initiative work adding value to the supply chainfor the past 15 years. This initiative work adding value to the supply chainthrough bulk purchase of products/ services/ solutions for the members ofSTG Medical Care. This business model will become norm to have controlover the medical care solutions, inventory and price without compromisingover the medical care solutions, inventory and price without compromisingon the quality. Good health and wealth for all the stake holders of medicalcare ecosystem is the motto of STG Medical Care.
Dr.Prasad Pasam
Proprietary & Confidential 18
Dr.Prasad Pasam