3 Questions to Ask Yourself When Selecting Quality Medical Supplies

Quality medical supplies are found at the heart of every medical operation you can think of, from big hospitals all the way down to small community clinics. When looked at in another way, you could easily say that these will be the biggest expense that any medical operation has, short of personnel.

Just because it's the biggest expensive doesn't mean that there aren't ways to lower your expenses, or ways to focus on getting the best medical supplies possible. If you've been tasked to handle the ordering of medical supplies, there are just three questions that you will need to ask yourself while you go to select quality medical products.

Naturally, this guide assumes that you will be ordering your medical supplies through the Internet, as going online is the best way to get the deepest discounts and the widest selection. While it's true that there are other sources available, like going into town, the last thing that any busy medical professional should have to do is fight traffic!

Going back to the actual questions, the first thing you should ask yourself is what manufacturer you really want to go with. After all, the last thing that you want to do is select a manufacturer that will not serve your needs well. It's better to pick one or two manufacturers that consistently produce great products than just settle for the one that does a halfway job on the products that they do offer. Your organization's patients deserve the best of care, and that does start with quality medical equipment.

From there, you will need to ask yourself how much you are trying to order at one time. The biggest mistake that many people make at this stage is that they assume they will save the most money by ordering small packages at once, but that's not the case at all. It's better to wait until you have the funds for a very large order, since you will qualify for bulk pricing. It's better to go with bulk pricing since it offers the deepest discounts, which will in turn make it easier for you to order even more equipment as you need it. Some items will not be ordered as frequently, and that's okay -- that will be offset by the everyday run of the mill items that seem to always need ordering.

The final question that you need to ask yourself when selecting quality medical products is how often you want to order them to begin with. Indeed, your initial purchase order is just that -- the beginning of a long line of purchases. By developing a schedule from the beginning, you will be able to eliminate a lot of the hassle and worry of running out of supplies and other stresses that can come about as a result of bad planning.

Overall, these are just guiding questions to get you started -- if you take the tips here to heart, you will have no problem getting quality medical supplies that make the grade each and every time!

Great medical supplies are only a click away -- order yours today!

What Mouli Cohen Has to Say About Biotech Drugs and Innovation

The FTC (Federal Trade Commission), in a recent report, proposed that the 12-14 years that are currently being allotted as a period exclusively for the innovation of products in biotech companies is much longer than required for the purpose.

The report also showed that the development of the generic biotech drugs could be a boon to the health care cost in the U.S. These drugs cost about 10-30%lesser than the conventional drugs in the market today.

The U.S. President, Obama, after the publication of the report, included in his talk to the AMA, the American Medical Association, that the introduction of generic biotech drugs could save the country enormous money. But no one knows how much that money will be and how fast it will be earned.

It is definite that the introduction of generic biotech drugs will be a boon to the economy but this boon is not quantifiable. Also, the biotech sector will undergo some changes that will be immeasurable according to the industry insiders.

According to Mouli Cohen, investor, entrepreneur, philanthropist and the founder of the Voltage Capital is of the view that this proposal shall make innovation less attractive. He believes that innovation and the capability of driving processes towards outcome that are quantifiable is what business is all about. And killing this process can reduce them to just mediocre players. He says that innovation is needed to run a business and there is no alternative to that.

PharmaTiles also pointed out the concerns that if generic biotech drugs come hastily into the market, then will biotech companies recoup their R&D investments?

Cohen states that R&D is very expensive and most of the pharmaceutical companies do not bother investing in R&D. The burden is then transferred to the academia and the biotech companies. AT the end of it, someone has to do the sponsoring. The costs will keep shifting but if any compensation is made and that turns out to be unfavorable, then the entire medical industry will suffer largely. This implies that the biotech sector will suffer some major problems in funding for R&D in the coming five years.

About two thirds of the funds go to the small biotech companies that earn no profits and which heavily rely on private investment.

If the proposal is implanted, then the impact of innovation will be greatly minimized. With these new regulations, the industry is going be subjected to rapid change though the new ideas and the products shall still be as solid as they were. Cohen suggests that care should be taken and consequences should be weighed before any action is taken.

Mike Casnet has been writing articles for 3 years. He like to write business, travel and health articles for different people. He is now developing his own webpage for clients who wants to try his service like Mouli Cohen