The MedSource program includes exclusive and committed participation and purchases from its members. This means suppliers can expect to gain market share when they are able to provide MedSource with the most competitive pricing. This approach provides increased volume to suppliers that are willing to offer the greatest savings.
Membership in our program includes confidentiality; therefore, your existing suppliers should not be provided with our contract pricing in an effort to “meet or beat” our pricing. (It is not unusual that suppliers, in fear of losing business, are anxious to lower pricing when that business is threatened rather than having given you better pricing all along.)
High compliance from our membership with purchasing MedSource products and services is needed for MedSource to continue offering additional products and hopefully larger discounts.