MedEcon/GeriMed merger will form GPO with $3.6 bil. in contract volume.
Executive Summary
MEDECON MERGER WITH GERIMED WILL COMBINE $3.6 BIL. IN GPO VOLUME, making the combined entity "the nation's largest group purchasing organization," MedEcon said Jan. 30. MedEcon and GeriMed represent a combined 869,000 long-term care and acute hospital beds. The firms plan to adopt a new name when the agreement is finalized.