Category: Capitol Hill
Edwards Lifesciences chairman & CEO Michael Mussallem warns Congress that healthcare regulators and payers are cultivating an "alarming and documented decline in U.S. medical innovation."
Lawmakers aim to prohibit companies from shifting their headquarters overseas in order to evade U.S. taxes, a measure that would apply retroactively to deals such as Medtronic's $43 billion acquisition of Covidien.
Sen. Angus King (I-Maine) files a bill to prevent medtech companies from imposing secrecy clauses that prevent hospitals from talking about the prices they pay for medical devices.
Senator Angus King (I-Maine) has a new bill on the floor that he says will correct a fundamental imbalance in the medtech market, namely by imposing more pricing transparency on medical device makers.
Senate Majority Leader Harry Reid (D-Nev.) isn't looking friendly to new efforts to add a medical device tax repeal amendment to a tax credit extension bill taking shape now, but Republican lawmakers aren't ready to back down.
Republicans aren't ready to back down from efforts to strike the medical device tax, even as insiders say that there's no way a repeal measure will make it into a tax credit extension bill taking shape now in the Senate.
An amendment to repeal the 2.3% sales tax on medical devices isn't likely to be included in pending legislation to extend tax cuts, according to Beltway insiders.
MASSDEVICE ON CALL — There will be no bid to repeal or postpone the medical device tax in the legislation under debate in Washington to extend certain tax cuts, according to the Connect public policy blog.
Senator Joe Donnelly (D-Ind.) asks new Senate Finance Committee Chairman Ron Wyden (D-Ore.) to join in fighting to repeal the medical device tax.
Senator Joe Donnelly (D-Ind.) is hoping to garner the support of new Senate Finance Committee Chairman Ron Wyden (D-Ore.) in efforts to repeal the medical device tax.
In an open letter issued yesterday, Donnelly congratulated Wyden on his new role and voiced concerns that the medtech tax is hurting American innovation.