The U.S. Supreme Court has turned back a third Republican challenge to the Affordable Care Act (ACA), this time by a 7-2 vote. The latest challenge to the law popularly known as Obamacare came from Texas and other states, backed by the administration of former President Donald Trump. The justices ruled that the challengers lacked legal standing […]
Obamacare
Could their be a bipartisan Obamacare fix?
Republican efforts to repeal and replace the Affordable Care Act appear to be dead – at least for now. But two U.S. senators may soon unveil a bipartisan proposal to make modest healthcare fixes. Sen. Lamar Alexander (R-Tenn.), chairman of the Senate Health, Education, Labor, and Pensions Committee, and Sen. Patty Murray (D-Wash.), the committee’s ranking […]
4 top medtech stories you need to know in late 2017
The U.S. government continues to create a lot of uncertainty for the medical device industry, but medtech companies are still making some big moves. The frenzy of major mergers continues, which makes sense from an investor standpoint when it comes to reducing risk. Meanwhile, companies from outside the industry – including such high-tech giants as Apple, […]
The top medtech stories of early 2017
The new Trump administration and Republican Congress – and all the accompanying change and uncertainty – is the major story for the medical device industry. But there are many other medtech stories worth noting from the first quarter of 2017. There was an FDA warning over Abbott’s Absorb bioresorbable stent, a continued spate of M&A deals, […]
Analysis: 5 ways Trump is making things uncertain for medtech
Want a word to sum up 2017? Try “uncertainty.” Chris Newmarker, Managing Editor Wall Street investors remain on a sugar high from the new Trump administration and Republican Congress. The Dow Jones Industrial Average is up hundreds of points since President Donald Trump’s promise to a joint session of Congress on Tuesday that he wanted to […]
Donald Trump: What medtech’s top executives are saying
For the most part, the medical device industry’s top executives have sounded positive about the new Trump administration and Republican Congress during recent earnings calls with analysts. Some such as Johnson & Johnson CEO Alex Gorsky have even offered advice. And while there are many open questions, top executives insist potential repeal and replace of […]
Trump and medtech: What people in the industry think
Many MassDevice and Medical Design & Outsourcing readers think permanent medical device tax repeal should be a top priority for President Donald Trump and the Republican Congress. Many say the new administration will be good for medtech, too. Those were two of the major takeaways among nearly 100 MassDevice and MDO readers responding to an online […]
Medtech sits on the sidelines as ACA repeal looms
Some major medical device industry lobbying groups are staying mum for now about the expected repeal of the U.S. Affordable Care Act—even though an extensive overhaul of the national healthcare system would have a serious impact on medtech. With so much unpredictability around how the incoming Trump administration and the new Republican Congress will replace […]