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Is there an Obamacare silver lining for medtech? | MassDevice.com On Call

April 15, 2014 by Arezu Sarvestani

Wall Street analyst writer Sean Williams speculates that the Affordable Care Act, complete with the medical device tax, may actually help spur innovation rather than hamper it.

MassDevice.com On Call

MASSDEVICE ON CALL — Wall Street analyst and Motley Fool writer Sean Williams sees an Obamacare upside for the medical device industry, despite the doom and gloom forecast usually spurred by talk of the medical device tax.

Medtech tax: Indiana Senator solicits new Finance chair's support in anti-tax fight

April 10, 2014 by Arezu Sarvestani

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.

Medtech tax: Indiana Senator solicits new Finance chair's support in anti-tax fight

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.

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Welch Allyn to shutter Oregon plant, lay off 84

April 3, 2014 by Brad Perriello

Welch Allyn says it plans to shutter a plant in Oregon, laying off 84 workers.

Welch Allyn to shutter Oregon plant, lay off 84

Welch Allyn told authorities in Oregon that it plans to shutter a plant in Beaverton in December, laying off the 84 employees who work there.

Utica, N.Y.-based Welch Allyn said in 2012 that it would shed about 10% of its global workforce, or 275 jobs, over 3 years due to the medical device tax enacted as part of Obamacare.

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Hatch bill to repeal medical device tax gains 2 more sponsors

April 3, 2014 by Brad Perriello

A bipartisan bill that would repeal the medical device tax sponsored by Sen. Orrin Hatch gains a pair of Republican co-sponsors, Sens. Lindsay Graham and Ron Johnson.

Hatch bill to repeal medical device tax gains 2 more sponsors

A bipartisan bill that would repeal the medical device tax sponsored by Sen. Orrin Hatch (R-Utah) gained 2 more Republican sponsors in recent weeks.

Sens. Lindsay Graham (R-S.C.) and Ron Johnson (R-Wis.) each signed on to the "Medical Device Access and Innovation Protection Act," which would do away with the 2.3% excise tax levied on U.S. sales of medical devices as part of the Affordable Care Act.

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Device tax: Indiana Governor petitions Obama for repeal | MassDevice.com On Call

April 2, 2014 by Arezu Sarvestani

Indiana Governor Mike Pence (R) says the 2.3% medical device tax threatens some 20,000 medical device jobs in the Hoosier state.

MassDevice.com On Call

MASSDEVICE ON CALL — Indiana Governor Mike Pence (R) issued a formal letter to the White House yesterday, asking President Barack Obama to repeal the 2.3% medical device tax created in the Affordable Care Act.

Pence asked for President Obama's support in "working with the Congress to repeal the medical device tax entirely," saying that the levy threatens 20,000 direct jobs and 55,000 total that rely on the medtech industry in Indiana alone.

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Tenn. Sen. Alexander decries the medtech tax | MassDevice.com On Call

March 21, 2014 by Arezu Sarvestani

Sen. Lamar Alexander (R-Tenn.) spends some time with Memphis-area medical device industry stakeholders to hone efforts to repeal the 2.3% device tax.

MassDevice.com On Call

MASSDEVICE ON CALL — Sen. Lamar Alexander (R-Tenn.) is ramping up his opposition to the medical device tax, spending some time with his medtech stakeholders to renew his call to repeal the tax.

Siemens Healthcare CEO protests the device tax

March 17, 2014 by Arezu Sarvestani

Siemens Healthcare CEO Gregory Sorensen says the 2.3% medical device sales tax is "bad policy" that is costing jobs.

Siemens CEO protests the device tax

Siemens Healthcare (NYSE:SI) CEO Gregory Sorensen is no stranger to editorializing, especially when it comes to criticizing the 2.3% medical device sales tax implemented in Affordable Care Act.

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