ShareSource
ShareSource is a Maryland-based Group Purchasing Organization (GPO) founded in 1972 that aggregates collective buying power for 3,080+ healthcare and non-healthcare member organizations, delivering cost savings through negotiated supplier contracts via its Premier Inc. affiliate partnership. Revenue comes from supplier-paid administrative fees on member purchases, with a freemium no-commitment member model.
- Company typePrivate
- Founded1972
- HeadquartersCalverton, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ShareSource does
ShareSource is a Group Purchasing Organization (GPO) founded in 1972 and headquartered in Calverton, Maryland, operating as a wholly-owned subsidiary of The Healthcare Council, a 501(c)(3) nonprofit founded in 1946. The company aggregates collective purchasing power for approximately 3,080 member organizations — split between 1,609 healthcare providers (hospitals, ambulatory care centers, physician practices, senior living, hospice, labs, behavioral health) and 1,471 non-healthcare organizations (businesses and industry, religious institutions, schools, charities, hospitality) — delivering cost savings through negotiated supplier contracts rather than direct product sales. Its core technology layer is Premier Inc.'s Supply Chain Advisor (SCA) electronic contract catalog, supplemented by spend analytics and supply chain automation tools, with members identified to vendors via a Premier Entity Identification Code (EIC) for eligible pricing.
ShareSource is one of 26 Premier Certified Sponsors out of more than 200 applicants, giving it exclusive access to Premier's portfolio of approximately 2,900 supplier contracts and to the broader Premier alliance of roughly 4,400 U.S. hospitals and 175,000+ providers. The product surface spans 12 purchasing categories — medical supplies, pharmacy, foodservice, office supplies, IT/telecommunications, laboratory supplies, capital equipment, facilities MRO, housekeeping, administrative/HR, and employee discounts — supplemented by regional ShareSource-negotiated contracts and a Supply Chain Advisory Council of member representatives who curate contract decisions. Following the April 2024 acquisition of Purchasing Connections, the company also offers PremierAccess (free access to 1,500+ suppliers) and Enterprise Service, a premium consulting add-on for hands-on spend analysis and procurement optimization.
The business model is freemium for members (no membership fee, no dues, no commitment, "pay only on savings") with revenue generated from administrative fees paid by suppliers on purchases transacted by ShareSource members, reported monthly or quarterly. GTM is primarily referral- and content-driven through the ShareSource website, blog, LinkedIn presence, email newsletter ("Supply Chain Source"), trade shows, and word-of-mouth, with onboarding requiring only a simple membership application and Premier EIC assignment. ShareSource completed the acquisition of Purchasing Connections on April 1, 2024, and has continued to add endorsed supplier partnerships (GWS, AFS) in 2024, indicating a measured expansion strategy under the long-tenured leadership of President & CEO Les Pitton (appointed April 2012).
ShareSource firmographics
Firmographics- Name
- ShareSource
- Legal name
- ShareSource
- Website
- https://share-source.org
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ShareSource is a Maryland-based Group Purchasing Organization (GPO) founded in 1972 that aggregates collective buying power for 3,080+ healthcare and non-healthcare member organizations, delivering cost savings through negotiated supplier contracts via its Premier Inc. affiliate partnership. Revenue comes from supplier-paid administrative fees on member purchases, with a freemium no-commitment member model.
- Ownership category
- akta.pro rank
ShareSource industry classification
Industry- Product category
- Group Purchasing Services
- SIC
- Services-Membership Organizations (8600), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
Keywords
Where ShareSource is headquartered
LocationHeadquarters
- HQ city
- Calverton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ShareSource business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Administrative Fees from Suppliers: In consideration of ShareSource's administrative and sales development services, suppliers pay to ShareSource an administrative fee of purchases made by members of ShareSource. Fees are paid either monthly or quarterly within 30 days, accompanied by a report detailing all purchases made by the members of ShareSource by units, dollars and, if applicable, by product code. This is the primary revenue stream for ShareSource as a GPO.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free membership with access to Premier's contract portfolio and ShareSource negotiated contracts |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
ShareSource product offering
Product offeringCore offering
ShareSource is a Group Purchasing Organization (GPO) that provides collective purchasing power to its members across healthcare and non-healthcare sectors. Members access regional contracts managed by ShareSource and the full national contract portfolio of Premier Inc., spanning 2,900-plus contracts in categories such as medical supplies, pharmacy, IT/telecommunications, foodservice, laboratory, capital equipment, office supplies, housekeeping, administrative/HR, and facilities. PremierAccess (acquired in April 2024) and Enterprise Service are bundled offerings that provide expanded contract access and dedicated support services.
Product overview
ShareSource is a Group Purchasing Organization (GPO) that operates as a platform offering collective purchasing power to its members. The core offering includes PremierAccess, which provides exclusive savings with access to over 1,500 suppliers at no cost with no minimums, and Enterprise Service, a premium add-on providing hands-on strategic procurement analysis. The platform's product portfolio spans 12 distinct purchasing categories including Medical Supplies, Pharmacy, Foodservice, Office Supplies, IT/Telecommunications, Laboratory Supplies, Capital Equipment, Facilities Management, Housekeeping, and Employee Discount Programs. Members gain access to regional contracts and Premier Inc.'s national portfolio of approximately 2,900 contracts.
Differentiator
Problem solved
Functional benefit
Brands
- PremierAccess: Exclusive savings program offering access to over 1,500 suppliers with no minimums and no fees.
- Enterprise Service
Products and services
- ShareSource Group Purchasing Organization (GPO) Membership The core GPO membership giving healthcare and non-healthcare members access to ShareSource's regional contracts and the Premier Inc. national portfolio of 2,900+ contracts across medical supplies, pharmacy, IT, foodservice, facilities, and other categories. Membership is provided at no direct cost to the member.
- PremierAccess PremierAccess (formerly Purchasing Connections) provides access to expanded contract categories across healthcare and non-healthcare sectors, broadening the GPO membership portfolio beyond standard regional and Premier contracts.
- Enterprise Service Enterprise Service is an add-on service tier to the core GPO membership providing dedicated support and expanded contract and service capabilities for members.
Quantifiable outcome
- Hundreds of millions in documented savings and cost containment since 1972
- +2 more outcomes
Companies that use ShareSource
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
ShareSource technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
ShareSource partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Purchasing ConnectionscoreOn April 1st, 2024, ShareSource officially completed the acquisition of Purchasing Connections, bringing together two teams dedicated to making procurement smarter, more efficient, and more cost-effective. The merger expanded ShareSource's offerings to serve healthcare providers, non-profits, businesses, and educational institutions across the U.S. Enhanced services include PremierAccess (exclusive savings with over 1,500 suppliers) and Enterprise Service (hands-on strategic approach analyzing vendor spend and optimizing procurement processes).
- Premier Inc. (NASDAQ: PINC)corePremier Inc. is a healthcare improvement company uniting an alliance of approximately 4,400 U.S. hospitals and health systems and more than 175,000 other providers. ShareSource joined the Premier Healthcare Alliance as a group affiliate in 2008. As a Certified Premier Channel Partner, ShareSource provides members access to Premier's 2,900 contracts from suppliers. Premier ensures Certified Sponsors maintain program requirements including dedicated affiliate focus, supplier collaboration, spend analytics, new affiliate onboarding, price activation and conversion support, and contract tracking.
- The Healthcare CouncilcoreThe Healthcare Council is a 501(C)(3) nonprofit organization founded in 1946 as the Hospital Council. ShareSource is a wholly owned subsidiary of The Healthcare Council, integrating with the association's core function of recruiting partners who can help hospitals and other healthcare providers resolve pain points. The Healthcare Council serves as an association of healthcare providers, schools, and health-related institutions assisting members by promoting intelligent planning, facilitating discussion of common problems, and acting as a clearinghouse for information exchange.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
ShareSource competitors and assessment
Company assessmentBroad incumbents
- Vizient: Vizient is the largest US healthcare performance improvement company and GPO, formed through the combination of VHA, UHC, and Novation/MedAssets/Intalere. It competes directly with ShareSource in hospital and health-system supply contracting and operates at significantly larger scale.
- Intalere (a Vizient company): Intalere is a healthcare GPO serving acute and non-acute providers, now owned by Vizient. It is comparable to ShareSource as a GPO serving similar healthcare provider segments including community hospitals and ambulatory care.
- Provista: Provista is a healthcare and non-healthcare GPO (now part of Vizient) serving hospitals, schools, government, and commercial organizations. It directly competes with ShareSource across both its healthcare and non-healthcare verticals.
- HealthTrust Performance Group: HealthTrust is a healthcare GPO owned by HCA Healthcare that contracts on behalf of a large member network of hospitals, health systems, and ambulatory providers. It competes with ShareSource for healthcare supply chain contracts and offers a similar core GPO proposition.
- Premier Inc. Premier Inc. (NASDAQ: PINC) is ShareSource's primary contract partner and the largest US healthcare GPO, uniting ~4,400 hospitals and 175,000+ providers with 2,900+ supplier contracts. It is comparable as both a contractual partner and a competitive incumbent offering members direct access to the same national portfolio.
Others
- YPO (Young Presidents' Organization): YPO is a global membership organization for CEOs that pools purchasing power and negotiates benefits for its members. It is thematically comparable to ShareSource as a membership-driven organization aggregating buyer power for member savings.
Direct peers
- TPC (The Partners Cooperative): TPC is a member-owned healthcare group purchasing organization serving hospitals and health systems with collective contract negotiation. It is comparable to ShareSource in mission, member-driven model, and mid-market healthcare provider focus.
- Capstone Health Alliance: Capstone Health Alliance is a regional, member-driven healthcare GPO serving community hospitals, health systems, and non-acute providers with collective purchasing power. It is a strong direct peer to ShareSource given similar regional GPO positioning, member-driven governance, and focus on mid-market healthcare providers.
Regional players
- Acurity (formerly Greater New York Hospital Association GPO): Acurity is a regional GPO serving hospitals and health systems primarily in the northeastern United States. It is comparable to ShareSource as a regional GPO with a healthcare-provider focus, though its core geography differs from ShareSource's mid-Atlantic base.
Emerging players
- Symplr: Symplr provides healthcare workforce and supply chain operations software including vendor management, contract management, and spend analytics. It is an adjacent peer in the procurement-and-vendor-management category that increasingly overlaps with GPO value propositions.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
ShareSource social profiles
Digital presenceShareSource financial estimates
Financial estimateRevenue estimate
Valuation estimate
ShareSource leadership team
Management profileNumber of profiles
Profiles9 records
ShareSource subsidiaries and ownership
Company hierarchySubsidiaries1 record
ShareSource funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ShareSource 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 ShareSource
What does ShareSource do?
ShareSource is a Group Purchasing Organization (GPO) that provides collective purchasing power to its members across healthcare and non-healthcare sectors. Members access regional contracts managed by ShareSource and the full national contract portfolio of Premier Inc., spanning 2,900-plus contracts in categories such as medical supplies, pharmacy, IT/telecommunications, foodservice, laboratory, capital equipment, office supplies, housekeeping, administrative/HR, and facilities. PremierAccess (acquired in April 2024) and Enterprise Service are bundled offerings that provide expanded contract access and dedicated support services.
Is ShareSource a public or private company?
ShareSource is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was ShareSource founded?
ShareSource was founded in 1972. It employs 11 to 50 people.
Where is ShareSource based?
ShareSource is headquartered in Calverton, United States, in the North America region.
How does ShareSource make money?
One revenue line is on record: administrative Fees from Suppliers.
Who are ShareSource's main competitors?
Broad incumbents on record are Vizient, Intalere (a Vizient company), Provista, HealthTrust Performance Group and Premier Inc.. YPO (Young Presidents' Organization) is listed as an others. Direct peers are TPC (The Partners Cooperative) and Capstone Health Alliance. Acurity (formerly Greater New York Hospital Association GPO) is listed as a regional player. Symplr is listed as an emerging player.
Does ShareSource have an API?
No public API is recorded for ShareSource.
What industry is ShareSource in?
ShareSource's product category is Group Purchasing Services. Its primary akta.pro industry code is HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations. Its SIC code is 8600.