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How It Works

A platform for users to connect and share extra medical devices and equipment across Canada

How it Works

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1

Users create a profile and subscribe to access the Exchange Dashboards. Users are set up as either healthcare provider facilities or suppliers of product

2

Users can either browse “Listings”, create “Listings”, or connect with ”Listings.”

3

A User would create a ”Listing” if they are in search of a product or have extra product to offer. Listings are created in 1 of 3 categories: Urgent – Looking For; Non-Urgent - Looking For; Have Product to Offer.

4

If you see a “Listing” that you would like to connect with, the creator of the ”Listing” is notified and can accept the connection; at that point, you are connected via email and can transact offline.

5

If you have created a Listing and another User would like to connect, you will be notified and can accept the connection. At that point, you are connected via email and can transact offline.

Facts And Information

A Johns Hopkins research team reports that major hospitals across the U.S. collectively throw away at least $15 million a year in unused operating room surgical supplies that could be salvaged and used to ease critical shortages…

Johns Hopkins University Gazette

Jan-Feb 2015

Many players are involved in the health product supply chain, including manufacturers, distributors, importers, health care organizations, community and hospital pharmacies, and retailers. Each has a role to play and has deep knowledge about their part of the supply chain, but knowledge and understanding of other parts of the supply can be limited.
Improving everyone's knowledge about the supply chain and sharing this knowledge among everyone will help build resilience against shortages.

One of the reasons Canada is vulnerable to shortages is that it's a small market, representing only about 2% of global drug and medical device sales.

Many healthcare facilities already have a policy in place for surplus equipment disposal, and have the option to sell, trade, or donate to a third party.

Industry experts estimate that as much as 20% of an organization’s inventory can be excess and not moving. This includes medical equipment and supplies. Some products may have been aggressively procured or manufactured simply because they were over forecasted, or did not move for a variety of reasons.