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The unprecedented increase in worldwide demand for healthcare supplies during the pandemic has spurred an opportunity marketplace where brokers with no healthcare experience engage in fraud and profiteering. These opportunistic traders should not be confused with legitimate commercial distributors working to ensure a reliable flow of high-quality medical products to providers.
3 Important Differences
Distributors
Brokers
Prices based on long-term relationships and contracts with manufacturers and passed on to those in need
One time deals for the highest price
Sourced from vetted and FDA-approved manufacturers
No guarantee that manufacturers were vetted or that broker has experience in healthcare supply
Secure and guarantee delivery and condition of product upon arrival
No guarantees of product delivery or condition of product
The unprecedented increase in worldwide demand for healthcare supplies during the pandemic has spurred an opportunity marketplace where brokers with no healthcare experience engage in fraud and profiteering. These opportunistic traders should not be confused with legitimate commercial distributors working to ensure a reliable flow of high-quality medical products to providers.
3 Important Differences
Distributors
Prices based on long-term relationships and contracts with manufacturers and healthcare providers
Brokers
One time deals for the highest price
Distributors
Sourced from vetted and FDA-approved manufacturers
Brokers
No guarantee that manufacturers were vetted or that broker has experience in healthcare supply
Distributors
Secure and guarantee delivery to healthcare provider
Brokers
Only negotiate, no guarantees of product delivery or condition
© Health Industry Distributors Association
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