Trump plan for coronavirus supplies yields payoff for favored companies

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In the rush for coronavirus supplies, major medical companies get a special deal from the Trump administration

“We’re working across government and private sectors to get our heroic doctors, nurses, healthcare workers … medical supplies they need. We’re getting them tremendous amounts of supplies,” the president“We’re glad to be joined by leaders of America’s medical supply and shipping companies. They’re big people. I know their names very well, from watching business and studying business all my life.”

“This allows critical supplies to be sent to communities with the greatest needs,” a FEMA spokeswoman said, noting the agency deliberately chose to work with the biggest suppliers at the direction of the White House. “The fact is that we are getting additional products in an expedited fashion at a time when they are needed most,” he said.Greenberg added that Medline has been losing money during the pandemic because its contracts with medical systems require the company to provide masks and other medical supplies at pre-pandemic prices. Those prices are lower than what it currently costs the company to get products from manufacturers, Greenberg said.

In California, Amanda Chawla, who oversees the supply chain for Stanford Health Care, said the medical system has been able to avoid paying hugely inflated prices for masks and other protective gear because of contracts with large distributors that predated the coronavirus pandemic.But Chawla noted that several companies participating in Air Bridge have tried to renegotiate contracts to get higher prices, citing the crisis and global medical supply shortages.

 

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This is true for any company that is able to provide services that are in demand. Why sensationalize it?

Your biased article is a load of crap.

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Shocker! Looking out for himself and his “big business” buddies! This President is more like a terrorist or mob boss then the leader of the free world! TrumpVirus

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