HealthTrust, a healthcare group purchasing organization (GPO) and supply chain performance company, along with its commercial GPO counterpart, CoreTrust division, announced the acquisition of EasiBuy, a full-service reverse-auction technology company specializing in cooperative sourcing for government agencies.
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, OH, has partnered with state and local governments in providing managed procurement services. The LAPO bid development process integrates client requirements, including vendor credentialing with EasiBuy’s e-procurement technology to ensure a competitive, compliant and transparent experience for buyers and sellers.
Financial details of the agreement were not disclosed.