HealthTrust, a leading Group Purchasing Organization and supply chain performance company for health care, along with its commercial GPO counterpart, CoreTrust, has acquired EasiBuy, a full-service reverse-auction technology company specializing in cooperative sourcing for government agencies.
Aided by HealthTrust’s procurement expertise, analytics and scale, EasiBuy will launch a Lead Agency Procurement Organization (LAPO) model aimed at erasing the double-digit differentials that government agencies frequently pay versus private sector GPO contracts, through negotiation of multi-jurisdictional public sector cooperative agreements.
Since 2012, EasiBuy (formerly Electronic Auction Services, Inc.), headquartered in Kent, Ohio, has been a trusted partner of state and local governments in providing managed procurement services utilizing its proprietary technology. The LAPO bid development process integrates client requirements including vendor credentialing with EasiBuy’s e-procurement technology to ensure a competitive, compliant and fully transparent experience for buyers and sellers. Contract provisions allow other public entities to “piggyback” off Lead Agency agreements and achieve economies of scale they would not receive by contracting on their own.
Financial details of the agreement were not disclosed.
