Category: Healthcare reform
President Barack Obama took to the stump in Ohio to press for the passage of healthcare reform.
By Mary Vanac
The Strongsville, Ohio, crowd warming up for a speech today by President Barack Obama knew what it wanted. Healthcare.
So did dozens of protesters who lined Royalton Road with colorful, waving signs. Most of them wanted the president of the United States to take his ideas for health insurance reform back to Washington.
There was an edge of urgency to the the Strongsville crowd, unlike the crowd at Shaker Heights High School that had warmly welcomed the president in July 2009, when he hosted a healthcare "Town Hall" meeting there. President Obama seemed to feel a heightened sense of urgency too.
A 10-year, $20 billion tax on medical device makers would begin in 2013 under President Barack Obama's new healthcare reform proposal.
It's déja vu all over again for medical device manufacturers that may have thought the election of Sen. Scott Brown in Massachusetts would kill the dreaded $20 billion medical device tax.
That's because President Barack Obama's legislative proposal for overhauling the healthcare system, released by the White House today, includes the very same 10-year, $20 billion tax on the medical device industry that was included in earlier healthcare reform bills.
The Mass. Medical Device Industry Council asks Sen.-elect Scott Brown to continue his opposition to the medical device tax contained in proposed healthcare reform legislation.
The Mass. Medical Device Industry Council is asking Sen.-elect Scott Brown to put his money where his mouth was during the campaign for the late Sen. Ted Kennedy's seat on Capital Hill.
During his successful run against Mass. Attorney General Martha Coakley, Brown visited Zoll Medical Corp.'s Chelmsford, Mass., headquarters, where he spoke about his opposition to a proposed tax on medical device makers to help pay for healthcare reform.
During the campaign stop at Zoll, the Republican then-candidate told MassDevice that he planned to vote against the healthcare reform bill if elected.
Iowa Sen. Charles Grassley is taking a close look at electronic medical records systems, asking providers and their hospital customers about complications, errors and problems with EMRs.
Senator Charles Grassley (R-Iowa) is taking a close look at electronic medical records, asking EMR providers and their hospital customers about any problems they've had with the systems.
The Wall Street Journal reports that Grassley asked about 30 hospitals around the country for details on their experiences with EMRs, including "complications," "errors" and "problems." Last fall, Grassley dunned about 10 EMRT providers seeking similar information, the Journal reports.
Former Medtronic Inc. CEO Bill George says real healthcare reform will come down to low-tech, local solutions like improving diet and exercising.
Real healthcare reform won't come from high-tech innovation but rather from reforming Americans' eating and exercise habits, according to former Medtronic Inc. (NYSE:MDT) CEO Bill George.
George, who led the Minnesota medical device monolith from 1991 to 2001, told Minnesota Public Radio that taxing the medical device industry is "counter-productive" because it will stifle the development of innovative medical technologies.
U.S. Senate lawmakers propose adding $10 billion to the tax on medical device makers, taking the total to $30 billion, as they strive to offset reducing the tax on so-called "Cadillac" healthcare plans; the idea meets with resistance in the House.
A proposed tax on medical device manufacturers could be $10 billion more than previously planned, as lawmakers in the U.S. Senate strive to offset reductions to the tax on high-end healthcare plans demanded by labor unions.
Union contracts would be exempt from a tax on so-called "Cadillac" plans until 2018, according to the terms of a deal hammered out between the trade groups and Democratic legislators, the Wall Street Journal reported.
Healthcare reform promises to present a mixed bag of goodies for medical device makers this year.
There is a bit of holiday cheer going into 2010, as the Senate delayed the implementation of a healthcare reform tax on medical device makers to 2013. This amendment also provides an exemption to the small startups and companies with yearly revenues of less than $100 million. But those with revenues above that mark will see their tax burdens increase. This is perhaps a boost to the early-stage startups that are looking to raise funds to commercialize their products. The climate is difficult enough to find investors willing to fund an early-stage, pre-commercialization company.