Dealmed

Dealmed is an American medical supply distributor and manufacturer.[[1]] [[2]] [[3]] The company provides medical supplies, medical equipment, drugs, vaccines, and specialty medical products and services.[[4]] Dealmed is the largest PPE and medical equipment distributor[[5]] in New York, New Jersey, Pennsylvania, and Connecticut[[6]] [[7]] with services in over 12 New York metro area hospitals.[[8]]

Michael Einhorn is the founder and CEO of Dealmed.[[9]] [[10]]

Overview

Dealmed has more than 300 products of its own brands and also stocks more than 10,000 other products in its warehouse and distribution center. The company provides rebates and contract pricing on Dealmed branded products[[11]] and typically carries at least a 90-day supply.[[12]] [[13]]

Dealmed focuses on finding unique solutions that help reduce medical supply costs and improve inventory management. It serves a varied range of healthcare verticals such as primary care, surgery and dialysis centers, urgent care centers, EMS, and government entities, covering categories like gloves, exam room supplies, equipment, diagnostic testing, med-surg supplies, janitorial, laboratory supplies, and pharmaceuticals.[[14]]

Dealmed offers a set of programs and services designed to save money and improve efficiency. Some of such services include GPO contracts, contracted pricing, custom medical kits, and inventory management.[[15]]

History

Headquartered in Brooklyn, New York,[[16]] [[17]]Dealmed was founded in 2006 by Michael Einhorn. It operates two distribution centers, one in Lakewood NJ and one in Miami Florida. Dealmed also has offices in several states including Pennsylvania and Connecticut.

In September 2017, Dealmed acquired Vantage Medical Supplies.[[18]]

In March 2020, Dealmed acquired Park Surgical Company.[[19]]

In July 2021, Dealmed acquired Bergenline Medical Supplies.

In August 2021, Dealmed expanded its operations to Miami, Florida, marking the company’s first distribution facility outside of the Northeast and Mid-Atlantic.[[20]]

COVID-19 response

Dealmed saw a rise in requests from its customers when the COVID-19 pandemic arrived in the U.S. in March 2020. The production capacity of Dealmed’s long-term oversees suppliers[[21]] became almost nonexistent. When there were supplies available, the costs rose. In 2020, Dealmed and Alibaba worked together to sourcing high volumes of medical and personal protective equipment designated to NYC based hospitals that were first and hardest hit by the Covid-19 Pandemic.[[22]]

Dealmed, based in NYC, was at the frontline of the pandemic and was one the first to raise the alarms of the PPE shortages.

Dealmed’s CEO also attended and advised the USITC on several hearings related to the healthcare supply chain, PPE, and the Covid 19 Pandemic.

Dealmed was one of the first company to warn of the PPE shortage and suggested in 2019 to Yahoo Finance that if there were to be an epidemic there would be shortages of critical supplies such as gloves and masks.[[23]]

Dealmed was also vocal about the healthcare supply chain and at times was very critical calling the healthcare supply chain unhealthy and critical of the overreliance of the industry of China and GPOs.