Without a group purchasing contract, Rochester was effectively shut out of 3, 900 U.S. hospitals--80% of the total.
That's a real number that won't go away with group purchasing or by beating up insurance companies.
Restrictive contracts Medtronic makes with hospitals and group purchasing organizations, common to the industry, have enraged some doctors.
So effective was the tuangou movement that some retailers first sought to reject volume tuangou purchases of white goods and autos, but all eventually caved in, with some eventually setting up group purchasing departments to specially serve tuangou buyers.
Nearly a decade before internet-sensation Groupon gave consumers everywhere an opportunity to leverage the power of group purchasing, a small outfit in Texas provided a massively-scaled up version of this power to many of the largest electric utilities in North America.
Supporters of the discount cards say that the group purchasing power of seniors will force drug companies to lower their prices -- the thinking is that the drug companies will want to get the business of a great number of seniors, and therefore will lower their prices to get their business.
It has been widely rumored for some time that Joe Torre has been approached by investors to lead a group in purchasing the Los Angeles Dodgers.
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Now Guidant believes its acquisition of Cook is a way around the June ruling, as it is purchasing Cook Group, the parent of Cook Incorporated.
Often the buyer assigns a group to make the purchasing decision.
By transferring purchasing power from one group to another, taxes take a pie that has already been baked and change how it is sliced.
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This year, entrepreneurs have been new sites nearly every week that offer consumers deals at spas, ice cream parlors and corner delis each week by combining the purchasing power of a group of consumers buying a specific deal.
By purchasing a proven revenue generator, Marathon Patent Group is pursuing an unusually diversified business model versus a typical IP company.
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"Customers have numerous options when purchasing mobile devices, " Michael Altschul, the group's legal counsel, said in a written statement.
By pooling resources, creating an administrative post and purchasing services such as handyman or home care as a group, these villages help people stay in their own homes longer.
Unsurprisingly, younger consumers are also more Internet savvy. 44 percent of them said they need the Internet to help make purchasing decisions, while only 16 percent in the older age group depend on the Internet in their purchases.
He also highlighted Las Vegas Sands, which has been steadily improving ROI through its Chinese purchasing subsidiary and by the success of its new Tao and Blue Man Group units in Las Vegas.
He also highlighted Las Vegas Sands (nyse: LVS - news - people ), which has been steadily improving ROI through its Chinese purchasing subsidiary and by the success of its new Tao and Blue Man Group units in Las Vegas.
"Customers have numerous options when purchasing mobile devices, " Michael Altschul, general counsel for the wireless industry group CTIA, said in a statement Monday.
Branko Milanovic, lead economist for the World Bank research group, sent me this comparative analysis based on household income or consumption surveys worldwide, adjusted for purchasing power differences.
The group also accounts for a quarter of the world's gross domestic product (GDP) in terms of purchasing power parity.
Note: there is no connection between the for-profit education concern, the Apollo Group, which owns the University of Phoenix, and Apollo Global Management, the private-equity business that is purchasing the McGraw-Hill education division.
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