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DOTmed Announces Certified Parts Vendor (CPV) Program
Date:10/8/2009

NEW YORK, Oct. 8 /PRNewswire/ -- DOTmed, the leading public medical equipment marketplace, and the leader in online medical equipment auctions, today announced that it has launched its Certified Parts Vendor (CPV) Program. The CPV Program was designed to identify top-tier stocking parts vendors, provide enhanced vendor due diligence and create increased buyer confidence. The long-term goal of the CPV Program is create stronger direct buyer-seller relationships.

The program is free to use for biomedical engineers and other qualifying parts end-users who register on www.dotmed.com. Buyers use DOTmed's existing online Parts Hunter interface for part requests, and they can also phone in parts requests to a toll free number.

With more than 155,800 parts listed on DOTmed, and more than 57,300 parts requests a year, the company recognized the need to provide buyers enhanced quality assurance through third party information about parts vendors. The program also provides greater face-to-face access to vendors by eliminating middlemen, which brings greater efficiencies and economic value.

Buyers learn about qualifying sellers by viewing their Certified Parts Vendor Profile on DOTmed, which must include a written warranty, return policy, and acceptance policy, all posted on DOTmed. In addition, CPVs have to sign DOTmed's Code of Ethics. Participants in the program are fully committed to the parts business, and DOTmed provides the transparency that gives buyers confidence.

Buyers are also able rate the sellers who deliver superior service and quality parts after the sale through the DOTmed 5-Star Rating System. As an incentive for buyers to rate CPV sellers regularly, the program offers valuable Rewards-For-Ratings Points. Buyers get points for each parts request they make, and bonus points for rating the vendor after the sale.

"This is actually a program that buyers and sellers of medical equipment parts asked us to develop to address chronic problems in the industry," said DOTmed Founder and CEO Philip Jacobus. "As the largest and most sophisticated online marketplace for medical equipment and parts, we were in a position to provide this valuable service. The program provides an extra measure of confidence and quality control that buyers need as well as economic value to both parties."

Josh Glas, Parts Director for Adam Medical Sales, Inc. added, "The program clearly separates those companies committed to making the independent parts business trustworthy, reliable, and worry-free from those who just dabble in parts. We are a Certified Parts Vendor and are happy to be associated with the other quality CPVs who passed DOTmed's stocking parts vendor test, which sets the bar pretty high."

To learn more about the DOTmed CPV Program visit www.dotmed.com and click on the top banner which links to program information.

About DOTmed

DOTmed is the leading public medical equipment marketplace, and the leader in online medical equipment auctions with more than 10 years experience. With more than 115,000 registered users, DOTmed is revolutionizing the medical equipment marketplace through innovation, access and programs that serve buyers and sellers alike. Visit us at www.dotmed.com

SOURCE DOTmed


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SOURCE DOTmed
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