GroupSource
GroupSource is a privately held Group Purchasing Organization founded in 1996, headquartered in Overland Park, Kansas. It aggregates member purchasing volume across 4,000+ vendor contracts in seven verticals, monetizing through vendor rebates while offering members no-fee access.
- Company typePrivate
- Founded1996
- HeadquartersOlathe, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What GroupSource does
GroupSource, Inc. is a privately held Group Purchasing Organization (GPO) founded in 1996 and headquartered in Overland Park, Kansas, just outside Kansas City. The company aggregates member purchasing volume across a curated portfolio of more than 4,000 vendor contracts to deliver negotiated pricing on the supplies and services its members use daily. Its core technology is a GPO platform that pairs the contract portfolio with an "Actionable Analytics" layer intended to surface purchasing trends and unlock additional discounts as members increase procurement sophistication.
The company operates seven vertical-specific solution tracks — Medical, Long-Term Care, Private Clubs, Catering & Hospitality, Community Programs, Education & Daycare, and Food Service Management — each with a dedicated go-to-market page and tailored spend categories (e.g., medical supplies and pharmacy for physician offices; food service and pharmacy for assisted living; cleaning, packaging, and uniforms for private clubs). Distribution is executed through dedicated Sales and Operations teams engaging members directly across all 50 U.S. states, with vertical landing pages on the company website and a LinkedIn presence supporting top-of-funnel awareness.
GroupSource monetizes through vendor-paid administrative fees and rebates tied to member purchasing volume rather than buyer-facing membership or subscription fees. Members face no annual fees, no purchasing minimums, and no sole-source restrictions; GroupSource works with each member's existing manufacturers and distributors rather than displacing the ordering process. The company is a Premier Inc. Certified Sponsor, providing integration with the broader healthcare GPO ecosystem. Leadership is founder-led, with Jason Andrews as President and CEO alongside VPs of Operations and Sales, a Director of Business Development, and account executives.
GroupSource firmographics
Firmographics- Name
- GroupSource
- Legal name
- GroupSource, Inc.
- Website
- https://groupsourceinc.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GroupSource is a privately held Group Purchasing Organization founded in 1996, headquartered in Overland Park, Kansas. It aggregates member purchasing volume across 4,000+ vendor contracts in seven verticals, monetizing through vendor rebates while offering members no-fee access.
- Ownership category
- akta.pro rank
GroupSource industry classification
Industry- Product category
- Group Purchasing Organization (GPO) Services
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
- akta.pro secondary industry
- Spend Analytics & Reporting Support (BPAAAJAJ)
Keywords
Where GroupSource is headquartered
LocationHeadquarters
- HQ city
- Olathe
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
GroupSource business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- GPO Membership/Subscription: GroupSource operates as a Group Purchasing Organization earning revenue through membership fees. The company provides access to negotiated contract pricing from vendors and manufacturers. Revenue is generated through volume-based rebates and administrative fees from vendor partners, while members benefit from discounted pricing without annual membership fees or minimum purchasing requirements.
- Vendor Rebates and Administrative Fees: Revenue is generated from vendor contracts where GroupSource negotiates pricing on behalf of member organizations. Manufacturers and vendors pay administrative fees or rebates based on member purchasing volume through the GPO's contract portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | No-cost membership with no purchase minimums or annual fees |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
GroupSource product offering
Product offeringCore offering
GroupSource operates as a Group Purchasing Organization (GPO) that provides member organizations with access to negotiated contract pricing from over 4,000 vendors across multiple spend categories. The company pairs its extensive contract portfolio with an actionable analytics platform to deliver documented savings, while dedicated Sales and Operations teams create customized procurement solutions for each member. Membership is offered at no cost with no purchasing minimums, no sole source restrictions, and no annual fees.
Product overview
GroupSource is a Group Purchasing Organization (GPO) offering a single unified procurement platform designed to help businesses reduce operating costs through negotiated vendor contracts. The core GPO Services platform provides access to over 4,000 vendor contracts, which is enhanced by sector-specific procurement solutions modules: Medical Procurement Solutions (for physician offices, imaging centers, surgery centers), Long-Term Care Procurement Solutions (for assisted living, nursing homes, hospice), Private Clubs Procurement Solutions (for country clubs, golf clubs), Catering & Hospitality Procurement Solutions (for caterers, hotels), Community Programs Procurement Solutions (for food banks, Meals on Wheels), Education & Daycare Procurement Solutions (for private schools, daycare), and Food Service Management Procurement Solutions (for corporate food services). The Actionable Analytics module pairs with the contract portfolio to deliver purchasing trend insights and supply chain intelligence. No purchasing minimums, sole source restrictions, or annual membership fees are required.
Differentiator
Problem solved
Functional benefit
Products and services
- Group Purchasing Organization (GPO) Services
Quantifiable outcome
- Extensive vendor network with 4,000+ vendor contracts for competitive pricing
- +3 more outcomes
Companies that use GroupSource
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles2 records
GroupSource technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
GroupSource partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 4,000+ VendorscoreExtensive vendor network providing discounts across more than 4,000 different vendors. Manufacturer and vendor contracts are specifically selected by GroupSource to ensure the contract portfolio targets the most important areas of spend for member organizations. These vendor relationships enable GroupSource to provide competitive pricing on products and services that member organizations use daily.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
GroupSource competitors and assessment
Company assessmentDirect peers
- Capstone Health Alliance: Regional healthcare GPO serving hospitals, surgery centers, and non-acute providers through contracted pricing and supply chain services. Closely overlaps with GroupSource's healthcare and long-term care offerings.
- ROi (Resource Optimization & Innovation): Supply chain services organization offering GPO access, custom contracting, and analytics for healthcare providers. Comparable in operating model to GroupSource's spend analytics + contract portfolio combination.
- CoreTrust: Multi-vertical group purchasing organization that negotiates contracts across multiple commercial categories. Most directly comparable to GroupSource given its similar breadth across non-healthcare verticals and member-based GPO model.
- Yankee Alliance: Healthcare GPO serving acute and non-acute providers across the U.S., focusing on contract leverage and operational savings - directly analogous to GroupSource's medical vertical positioning.
Broad incumbents
- Vizient: Large healthcare GPO serving hospitals, ambulatory care, and physician practices with negotiated supply contracts and analytics. Targets overlapping customer segments as GroupSource's Medical and Long-Term Care verticals.
- HealthTrust: Healthcare GPO affiliated with HCA, offering supply chain contracting and performance improvement for hospitals and non-acute providers. Competes head-on in GroupSource's primary medical vertical.
- Premier Inc. One of the largest U.S. healthcare GPOs and performance improvement alliances. GroupSource is an explicit Premier Certified Sponsor, leveraging Premier's contract portfolio - a direct competitive overlap in healthcare procurement at vastly greater scale.
Emerging players
- ECRI: Independent healthcare research and procurement data organization operating in the medical procurement space. Partial overlap with GroupSource's analytics and medical procurement verticals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
GroupSource social profiles
Digital presenceGroupSource financial estimates
Financial estimateRevenue estimate
Valuation estimate
GroupSource leadership team
Management profileNumber of profiles
Profiles5 records
GroupSource funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GroupSource M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GroupSource
What does GroupSource do?
GroupSource operates as a Group Purchasing Organization (GPO) that provides member organizations with access to negotiated contract pricing from over 4,000 vendors across multiple spend categories. The company pairs its extensive contract portfolio with an actionable analytics platform to deliver documented savings, while dedicated Sales and Operations teams create customized procurement solutions for each member. Membership is offered at no cost with no purchasing minimums, no sole source restrictions, and no annual fees.
Is GroupSource a public or private company?
GroupSource is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GroupSource founded?
GroupSource was founded in 1996. It employs 11 to 50 people.
Where is GroupSource based?
GroupSource is headquartered in Olathe, United States, in the North America region.
How does GroupSource make money?
Two revenue lines are on record. GPO Membership/Subscription is the primary driver. The others are vendor Rebates and Administrative Fees.
Who are GroupSource's main competitors?
Direct peers on record are Capstone Health Alliance, ROi (Resource Optimization & Innovation), CoreTrust and Yankee Alliance. Broad incumbents are Vizient, HealthTrust and Premier Inc.. ECRI is listed as an emerging player.
Does GroupSource have an API?
No public API is recorded for GroupSource.
What industry is GroupSource in?
GroupSource's product category is Group Purchasing Organization (GPO) Services. Its primary akta.pro industry code is HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations, with a secondary code of BPAAAJAJ, Spend Analytics & Reporting Support. Its SIC code is 8742.