Healthcare Procurement: Verifying Medical Device Vendors

A private healthcare group was sourcing diagnostic equipment from a range of suppliers. A new vendor approached them with significantly lower-priced ultrasound machines, promising rapid delivery and support.
 

Using AlertFlag

• AlertFlag identified the supplier as a dormant company with minimal financial history.
• Director backgrounds did not match the claimed years of industry experience.
• There were discrepancies between the registered address and the trading location listed on the website.

Outcome

The healthcare network declined the proposal and instead worked with an established, well-documented vendor. This avoided potential compliance risk, equipment failure, and approximately £90,000 in wasted spend.