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 […]
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Medical device’s biggest players doled out $895m to docs in 2015
The 25 largest medical device companies paid out a collective $894.6 million in general and research fees to doctors in 2015, according to data from the Centers for Medicare & Medicaid Services released last month. The CMS Open Payments program, created under the Affordable Care Act with the aim of improving transparency, requires device and drug […]
Report: AdvaMed all-in on medical device tax repeal
Including language repealing the medical device tax in an upcoming reconciliation bill is reportedly the Advanced Medical Technology Assn.’s #1 priority, even as Republicans on Capitol Hill disagree on repealing Obamacare-related taxes ahead of repealing the entire Affordable Care Act. A 2-year moratorium on the 2.3% levy on U.S. medical device sales is slated 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 […]
How Acelity plans to disrupt fee-for-service to build a value-based business
Value-based care is disrupting the old fee-for-service models in the U.S. healthcare industry, and medical device makers must adapt or perish. Here’s how wound care company Acelity is responding. The rise of value-based care in the U.S. is causing a major shift in the medical device industry. Health provider customers want to know how medical […]
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 […]
Donald Trump: 5 questions medtech needs to ask
From tax breaks to Obamacare repeal, medtech companies are likely due to experience major changes under President Donald Trump. The situation, though, remains unpredictable. “I don’t think that there has been a scenario, not since I’ve been a professional and in politics, where we really know so little about exactly what the key priorities are […]
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 […]
