Category: Capitol Hill
A draft bill making the rounds in Washington would curb the FDA's oversight of electronic health records and some clinical support software.
(Reuters) — A draft bill is circulating in Washington that would curb the FDA's oversight of electronic medical records and some clinical support software, according to a copy of the legislation seen by Reuters.
Republicans flush from their mid-term election romp are sharpening their knives as they look to excise the medical device tax from Obamacare.
(Reuters) - Republicans in the U.S. Congress will soon move to kill a medical device tax imposed less than 2 years ago under President Barack Obama's healthcare law, congressional aides and analysts said today.
Medical device stocks are on the rise today as investors react to sweeping Republican gains in the mid-term elections, which raises the likelihood of repealing the medical device tax.
A look at the top 10 politicial action committee donations shows that medtech is betting heavily on a GOP win in the midterm elections.
The medical device industry is betting on a Republican sweep of the U.S. Congress during the 2014 mid term elections, according to a MassDevice.com analysis of donations made by the industry's 10 largest political action committees.
Former Indiana Sen. Evan Bayh told medical device makers at AdvaMed 2014 that he is confident President Barack Obama won't fight a repeal if there's an offset, saying it's "not a big issue" for the president.
Regardless of whether Republicans are able to re-take the U.S. Senate in the midterm elections, there's a good chance the medical device tax will be repealed, according to former Sen. Evan Bayh.