Some medical device makers acquiesce to healthcare reform tax
November 12, 2009 by MassDevice staff
Edwards Lifesciences CEO Michael Mussallem, who's also chairman of the trade group AdvaMed, says the devices industry accepts that it must pay a share of the tab for healthcare reform, days after St. Jude Medical pulls out of the trade group in a dispute over the tax.
Some medical device makers are fighting tooth-and-nail against proposals to tax their industry to help pay for healthcare reform. But others, including one of the sector's biggest players, say they understand that device makers must pay a share of healthcare reform's estimated $900 billion tab.
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