DOTmed Certified Parts Vendor Profile For Platinum Medical Parts, LLC

DOTMed Rating:
(4 Votes)
Years in business: 3
Percentage of revenue that parts account for: 60%
Restocking Fee: see return policy
Warehouse Size in Sq. Ft: 25,000
Number of Parts Stocked: 5,300
Company Statement:
Platinum Medical Parts was founded to revolutionize the after-market services business based on one simple principle: superior service.

The company’s executive team is comprised of seasoned veterans in the healthcare market. Their personal experiences as vendors, engineers and advocates produced deep dissatisfaction with prevailing practices in the after-market services business. In particular, the company’s founders felt that antiquated ordering processes and heavy restocking fees were undercutting the tremendous value of after-market parts and services to customers. They came together to found Platinum Medical Parts — a company with an entirely new service model.

Some of the things that distinguish the Platinum Medical Parts business model include:

A customer-centric approach, which means a steadfast commitment to getting customers up and running as fast as possible.
Putting experienced field-trained service engineer on the phone with every customer who calls to order parts
Offering Hero Kits for after-market service providers (an industry first). The Platinum Hero Kits are designed reduce repair time as well as hefty restocking fees.
One of the largest inventories in the after-market industry, to ensure that customers have the parts and systems they need, as quickly as they need them.
Platinum Medical Parts is a parts remarketer for the market-leading MR scanners. The company’s customer base is in-house biomedical engineers and third-party service providers and imaging centers of all sizes. Platinum is a U.S.-based company with a global customer base.

“For years, remarketing companies have held customers captive with an antiquated parts ordering process. The old model imposed heavy restocking fees on customers, essentially penalizing them for making the wrong parts choices. The Platinum Medical Parts model is tremendously appealing for customers because we pair expert engineering support with parts ordering to try to ensure that the customer makes the right choice, to get up and running faster and save money.”

Standard warranty terms?:
0 Warranty Policy

Platinum Medical Parts, LLC warrants its product against any defects or malfunctions for 30 days unless otherwise specified at the time of sale. Details of warranties for X-ray tubes and ultrasound transducers will be made available at the time of order or by inquiry to Platinum Medical Parts. This warranty is void if the serial number has been altered or removed from the product. If the failure of the product is a result of accident, abuse, misapplication or Acts of God, Platinum Medical Parts shall have no responsibility under this warranty policy. Warranty terms and credit terms are as follows:


3.1
All warranty claims require a valid RMA number valid for warranty only to be requested within 30 days of the original shipment date or as stated at the time of sale. Please contact Platinum Medical Parts to obtain an RMA number prior to returning product.


3.2
Warranty credit will only be issued when a warranty replacement has been ordered. Warranty returns without a warranty re-order will be credited 70% subject to contingencies stated in this policy.

3.3
All warranty parts must be returned to Platinum Medical Parts within 45 days of the original shipment date.


3.4
All warranty parts returned without an RMA number will be processed as an Exchange part and no credit will be issued.


3.5
All warranty claims will undergo a technical review validation, and credit will only be issued on valid and approved warranty claims.


3.6
Warranty Credit – Credit for a valid warranty claim will be issued as follows:

Part received within 45 days
of original shipment date 100% credit
Part received within 60 days
of original shipment date 50% credit
Part received after 60 days
of original shipment date No credit issued
Invalid warranty
(determined by a technical review) Received as an Open restock

4.0 Limited Warranty

Platinum Medical Parts, LLC warrants that the Parts (other than X-ray tubes and ultrasound transducers) will meet manufacture specifications during the applicable Warranty Period, defined above. Warranties for any other Parts, if any, are exclusively those offered by the manufacturer or refurbisher of such Pats. Except for the warranties described above, all Parts are sold AS IS, and WITH ALL FAULTS, and PLATINUM MEDICAL PARTS, LLC MAKES NO WARRANTY OF ANY KIND, EXPRESS OR IMPLIED REGARDING THE PARTS SOLD UNDER THIS POLICY AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

5.0 Limitations of Liability

PLATINUM MEDICAL PARTS, LLC’S TOTAL LIABILITY FOR ANY CLAIM UNDER THIS POLICY IS LIMITED TO THE PRICE OF THE PART (S) WHICH ARE THE BASIS FOR SUCH CLAIM, REGARDLESS OF WHETHER SUCH CLAIM IS MADE AT LAW, IN TORT, IN CONTRACT OR PURSUANT TO ANY OTHER THEORY, INCLUDING STRICT LIABILITY, NEITHER PLANINUM MEDICAL PARTS NOR CUSTOMER WILL HAVE ANY LIABILITY TO THE OTHER FOR PUNITIVE INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES SUCH AS LOST PROFITS OR REVENUE, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF THE SAME. THE TRANSACTION DESCRIBED IN AND THOSE OCCURRING PURSUANT TO THIS POLICY ARE EACH COMMERCIAL TRANSACTIONS. ANY ACTION RELATED TO THIS POLICY SHALL BE BASED SOLELY ON COMMERCIAL LAW PRINICPLES. NEITHER PARTY SHALL HAVE ANY NEGLIGENCE OR OTHER TORT LIABILITY TO THE OTHER ARISING FROM THIS POLICY OR TRANSACTIONS OCCURRING PURSUANT HERETO.

6.0 Shipment and Risk of Loss

Unless otherwise stated, all parts shall be shipped FOB Platinum Medical Parts shipping dock, with prepaid freight at customer’s expense, and title and risk of loss shall pass to customer at that point. Unless otherwise agreed, Platinum Medical Parts shall select carriers.

Standard return policy?:
1.0 Exchange Policy

1.1
All exchanges, restocks and warranty returns require a valid Return Material Authorization (RMA) number. RMA numbers will be issued by Platinum Medical Parts prior to the return of the item.

1.2
Exchange parts are identified at the time of sale and noted on all invoices.


1.3
A “Like and Repairable” part must be received at the Platinum Medical Parts, facility within 15 days of the date of shipment. If an exchange part is not received at the Platinum Medical Parts facility within 15 days of the date of shipment, the customer will be subject to additional billing (see section 1.5).


1.4
If the exchange received is not a “Like and Repairable” part, written notification will be sent to the customer requesting them to provide a “Like and Repairable” part within 5 calendar days. If one is not received within 5 days, the customer will be subject to additional billing (see section 1.5). The original part received may be returned at customer’s request and expense, or it will become the property of Platinum Medical Parts after 20 days.


1.5
Additional Billing. Failure to return an exchange part within 15 days from the original date of shipment will result in an additional billing. The additional billing will be calculated as the difference between the OEM outright price and the purchase price or at Platinum Medical Parts discretion.


1.6
Additional Billing Credit. If the exchange part is returned within 45 days from the original date of shipment, a credit equal to 50% of the additional billing will be issued. No credit to the additional billing will be issued for parts received after 45 days of the original date of shipment.

2.0 Restock policy

2.1
Platinum Medical Parts allows the restocking of parts up to 15 days from original date of shipment.


2.2
No restock credit will be issued for consumable parts with a purchase price of $500 or less. Consumable parts are identified at the time of sale and noted on all invoices.


2.3.
All restocks require a valid RMA number to be requested within 10 days of the original shipment date. Please contact Platinum Medical Parts to obtain an RMA number (valid for restocks only) prior to returning product.


2.4
All restock parts returned without a restock RMA number will be processed as an exchange part.

2.5
If the part is returned within 15 days from the original date of shipment, the following restock credit will apply:

Un-Opened 75% (restock Fee 25%)
Opened 70% (restock Fee 30%)
After 20 Days No credit; part processed as an exchange

3.0 Warranty Policy

Platinum Medical Parts, LLC warrants its product against any defects or malfunctions for 30 days unless otherwise specified at the time of sale. Details of warranties for X-ray tubes and ultrasound transducers will be made available at the time of order or by inquiry to Platinum Medical Parts. This warranty is void if the serial number has been altered or removed from the product. If the failure of the product is a result of accident, abuse, misapplication or Acts of God, Platinum Medical Parts shall have no responsibility under this warranty policy. Warranty terms and credit terms are as follows:


3.1
All warranty claims require a valid RMA number valid for warranty only to be requested within 30 days of the original shipment date or as stated at the time of sale. Please contact Platinum Medical Parts to obtain an RMA number prior to returning product.


3.2
Warranty credit will only be issued when a warranty replacement has been ordered. Warranty returns without a warranty re-order will be credited 70% subject to contingencies stated in this policy.

3.3
All warranty parts must be returned to Platinum Medical Parts within 45 days of the original shipment date.


3.4
All warranty parts returned without an RMA number will be processed as an Exchange part and no credit will be issued.


3.5
All warranty claims will undergo a technical review validation, and credit will only be issued on valid and approved warranty claims.


3.6
Warranty Credit – Credit for a valid warranty claim will be issued as follows:

Part received within 45 days
of original shipment date 100% credit
Part received within 60 days
of original shipment date 50% credit
Part received after 60 days
of original shipment date No credit issued
Invalid warranty
(determined by a technical review) Received as an Open restock

4.0 Limited Warranty

Platinum Medical Parts, LLC warrants that the Parts (other than X-ray tubes and ultrasound transducers) will meet manufacture specifications during the applicable Warranty Period, defined above. Warranties for any other Parts, if any, are exclusively those offered by the manufacturer or refurbisher of such Pats. Except for the warranties described above, all Parts are sold AS IS, and WITH ALL FAULTS, and PLATINUM MEDICAL PARTS, LLC MAKES NO WARRANTY OF ANY KIND, EXPRESS OR IMPLIED REGARDING THE PARTS SOLD UNDER THIS POLICY AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES WHETHER EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

5.0 Limitations of Liability

PLATINUM MEDICAL PARTS, LLC’S TOTAL LIABILITY FOR ANY CLAIM UNDER THIS POLICY IS LIMITED TO THE PRICE OF THE PART (S) WHICH ARE THE BASIS FOR SUCH CLAIM, REGARDLESS OF WHETHER SUCH CLAIM IS MADE AT LAW, IN TORT, IN CONTRACT OR PURSUANT TO ANY OTHER THEORY, INCLUDING STRICT LIABILITY, NEITHER PLANINUM MEDICAL PARTS NOR CUSTOMER WILL HAVE ANY LIABILITY TO THE OTHER FOR PUNITIVE INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES SUCH AS LOST PROFITS OR REVENUE, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF THE SAME. THE TRANSACTION DESCRIBED IN AND THOSE OCCURRING PURSUANT TO THIS POLICY ARE EACH COMMERCIAL TRANSACTIONS. ANY ACTION RELATED TO THIS POLICY SHALL BE BASED SOLELY ON COMMERCIAL LAW PRINICPLES. NEITHER PARTY SHALL HAVE ANY NEGLIGENCE OR OTHER TORT LIABILITY TO THE OTHER ARISING FROM THIS POLICY OR TRANSACTIONS OCCURRING PURSUANT HERETO.

6.0 Shipment and Risk of Loss

Unless otherwise stated, all parts shall be shipped FOB Platinum Medical Parts shipping dock, with prepaid freight at customer’s expense, and title and risk of loss shall pass to customer at that point. Unless otherwise agreed, Platinum Medical Parts shall select carriers.

7.0 Return Shipping 


ALL PARTS MUST BE RETURNED TO PLATINUM MEDICAL PARTS TO INSURE PROPER CREDIT.
All Returns Must be Shipped to:


Platinum Medical Parts, LLC

1027 S.W. 30 Avenue
Deerfield Beach, FL 33442
Standard acceptance policy?:
see warranty and return policy.

Employees:

(principal) Scott Simmons
  Ed Benitez
(principal) Jeffrey Fall
  Adam Band


Specialties

1 GE MRI replacement parts and accesories
2 MRI parts

Testimonials



Eleazar Castillo, President
Castle Equipment and Maintenance Inc.
Mansfield, Texas

When I don’t have the parts I need in my inventory, I always turn to Platinum. If Platinum doesn’t have the part, which most of the time they do, they will always find it for you. I also trust them to give me a reasonable price. That’s more unusual than you might think. Other parts companies will over-charge and mark up as much as they can. Platinum has never been that way. These days I don’t call anybody else when I need help. I call Platinum.

Platinum goes out of their way to support me and help me be successful with my customers. Platinum and I have the same customer service philosophy. That’s why I always feel that I can count on them.

Bill Burke, General Manager
Service Support Solutions LLC
Grapevine, Texas

When I call Scott at Platinum, I know I’m talking to someone who understands scanners and will help me identify or confirm the part to solve the problem. Not everyone in this industry is trustworthy, but Platinum has proven itself to be a company of integrity and reliability. Platinum allows aftermarket service companies to level the playing field with OEMs, as well as other service companies with their own parts inventory.

Platinum introduced Hero Kits to aftermarket service companies. A Hero Kit is great for a service provider who may not have the technical capabilities to diagnose the exact cause of a problem. Because of the parts costs and restocking fees, they might order one part at a time, which drags out the repair cycle. If it’s an intermittent problem in the scanner, this can go on until they finally find the part that fixes the problem. With a Platinum Hero Kit you order the few parts you think you need and pay a greatly discounted fee for the unopened parts. Hero Kits can improve not only the service provider’s effectiveness but also their profitability. The Platinum business model represents a paradigm shift in the aftermarket services business.

Mike Timon
Med Exchange International Inc.
San Diego, CA

My experience with Platinum was great. They were very responsive and very helpful. We have bought several coils and various parts and they have always been great with after sales support. Scott has always been very helpful, especially with identifying the problem. One time there was a coil that wasn’t working and they immediately shipped out another one, even though the problem wasn’t the coil, it was the machine. Scott really helped to identify the problem.

He went the extra mile. Overall, I was very pleased with his level of experience and professionalism.

Ray Windsor
Windsor Imaging
Fort Lauderdale, FL

I am extremely satisfied with the relationship I have with Platinum Medical Parts, as I recently purchased a GE 1.5 MRI from them.

The install and application process were perfectly timed and completed without a glitch. Their professionalism and desire to make the customer happy is rare in this business. I will be a client of theirs anytime I need to make any changes.

Jeff Weiss, President/CEO
Atlantis Worldwide
New York

We have worked very closely with Dave, Scott and Jeff for many, many, many years. We work in a very efficient and trustworthy manner. They have superlative ethics as well as customer service. If anything ever needs to be resolved, it is resolved very quickly and to the best interest of everyone involved. I would absolutely recommend them to others. Scott is truly one of the experts on GE MRI, and we know that. Our GE MR person is calling Scott all the time with questions.

If I had to describe Platinum to someone who did not know them I would say that they are knowledgeable, not only technically, but also in terms of customer service. Platinum is a good company, they shoot straight, and are easy to work with.

Alan Sternberg, President
IMED Diagnostic Services
Bonita Springs, FL

Platinum Medical has been an outstanding service company. They have been servicing my centers for the past four years. I have owned Diagnostic Imaging Centers for 12 years and Platinum Medical has been the best service company that I have dealt with. Their response time has always been instant. Our repairs are done quickly and my down time is significantly less for the MRI's that they service then the other ones they do not service.

My uptime is significantly less since I have begun using them. They keep my magnet working. They are extremely professional and courteous. They promptly answer all of our questions and they would rather turn down work than provide an incorrect solution to the customer.

They have an abundance or Machine parts located in their warehouse and their pricing is more than fair.

Their entire staff including Jeff, Scott and Dave have many years of experience in the field and will help you in any way possible.

If you are looking for a hands free, no worry, wonderful uptime, simple solution to service needs, then I highly recommend Platinum Medical. You will not have a better experience.

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