Outbid and left hanging, U.S. states scramble for ventilators [Reuters]
Ford Motor Company (F)
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Source: Reuters
Outbid and left hanging, U.S. states scramble for ventilators (Reuters) - On the final Thursday in March the Arkansas team in charge of procuring ventilators thought they had scored a coup: a vendor had agreed to sell them 500 of the breathing machines critical to keeping COVID-19 patients alive at $19,000 each. The next day they were told the deal had vanished because a buyer representing New York was offering to purchase 10,000 units, pay cash upfront and double the price, a deal the vendor could not turn down. Reuters could not independently verify that New York bought the ventilators. Either way, for Arkansas, the search for the machines goes on. “We still want to purchase the 500,” said Dr. Steppe Mette, chief executive of UAMS Medical Center in Little Rock, who is helping oversee procurement of supplies for the state. “There are profiteers all over the place.” Arkansas may never need those ventilators. It has 785 across the state, most of which are not currently in use, and data
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