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U.S. Congress

Allergan calls out Valeant on latest earnings report : The week in medtech M&A

August 13, 2014 By MassDevice Leave a Comment

Report: Valeant's hostile takeover hopes fade as Allergan war continues

August 6, 2014 by Arezu Sarvestani

Allergan attacks activist investor's latest earnings report

Filed Under: Mergers & Acquisitions, News Well Tagged With: Allergan, Covidien, NeuroTherm Inc., stjudemedical, U.S. Congress, Valeant Pharmaceuticals

Medtronic hires ex-Senators to lobby for Covidien deal

August 11, 2014 By Arezu Sarvestani Leave a Comment

Medtronic hires former Senators to lobby on Covidien deal

Medtech titan Medtronic (NYSE:MDT) has a few heavy-hitters in its corner during its fight against anti-corporate inversion measures on Capitol Hill.

Filed Under: Mergers & Acquisitions, News Well Tagged With: Covidien, Lobbying, Medtronic buys Covidien, Minnesota, U.S. Congress

Congress moves to punish Medtronic and other ‘corporate deserters’

August 5, 2014 By Arezu Sarvestani Leave a Comment

Senate moves to punish Medtronic and other 'corporate deserts'

A handful of Democrats in Congress are hoping to curb a corporate exodus by threatening to withhold federal contracts from firms that shift their headquarters overseas to benefit from lower tax rates.

Filed Under: Mergers & Acquisitions, News Well Tagged With: Covidien, Medtronic buys Covidien, Minnesota, U.S. Congress, U.S. House of Representatives, U.S. Senate

Edwards CEO talks innovation and regulation on Capitol Hill

July 30, 2014 By Arezu Sarvestani Leave a Comment

Edwards CEO talks innovation and regulation on Capitol Hill

Filed Under: News Well Tagged With: 510(k) reforms, Edwards Lifesciences, Lobbying, Regulatory, U.S. Congress, U.S. House of Representatives

Exclusive: IRS collected $1.4B in medtech excise tax payments in 2013

July 28, 2014 By Brian Johnson

MassDevice.com coverage of the medical device tax

Medical device companies ponied up $1.4 billion in excise tax payments to the federal government in 2013 to pay for Obamacare, according to documents supplied to MassDevice.com by the Internal Revenue Service.

Filed Under: News Well Tagged With: Dexcom, U.S. Congress, U.S. Internal Revenue Service (IRS), Zimmer Biomet

No more secrecy in medtech pricing, says Sen. King

June 5, 2014 By Arezu Sarvestani Leave a Comment


(Transcript below)

Senator Angus King (I-Maine) has a new bill on the floor that he says will correct a fundamental imbalance in the medtech market, namely by imposing more pricing transparency on medical device makers.

Filed Under: Healthcare Reform, News Well Tagged With: Transparency, U.S. Congress, U.S. Senate

Hatch bill to repeal medical device tax advances to Senate Finance

February 28, 2014 By Brad Perriello Leave a Comment

Hatch bill to repeal medical device tax advances to Senate Finance

A bill aiming to repeal the medical device tax sponsored by Sen. Orrin Hatch (R-Utah) is before the Senate Finance Committee.

The bill was read in and sent to the finance panel Feb. 7, 2013. It would strike all references to the 2.3% excise tax on medical devices enacted as part of the Affordable Care Act from the federal tax code.*

Filed Under: News Well Tagged With: U.S. Congress

Open letter to Obama: Repeal the medtech tax

February 25, 2014 By Arezu Sarvestani Leave a Comment

Open letter to Obama: Repeal the medtech tax

President Barack Obama is slated next month to make a visit to one of the medical device industry’s primary hubs in Minnesota, and medtech advocates are hoping to use the occasion to emphasize efforts to repeal a 2.3% sales tax that hit the industry last year.

Filed Under: News Well Tagged With: U.S. Congress, U.S. House of Representatives

Obamacare architect Baucus spends last week in the Senate

February 10, 2014 By Arezu Sarvestani Leave a Comment

Obama architect Baucus spends last week in the Senate

This week marks Sen. Max Baucus’ (D-Mont.) last in the Senate as he embarks on a new role as U.S. ambassador to China, which may be good news for opponents of the medical device tax.

Filed Under: News Well Tagged With: U.S. Congress, U.S. Senate

Senator cites ‘serious concerns,’ demands National Quality Forum records

February 4, 2014 By MassDevice Leave a Comment

Senator cites 'serious concerns,' demands National Quality Forum records
(Steve Pope/Getty Images)

by Marshall Allen, ProPublica

An influential senator is demanding copies of contracts and conflict-of-interest policies from the National Quality Forum after allegations that kickbacks were paid to influence its patient safety guidelines.

Filed Under: Legal News, News Well Tagged With: National Quality Forum, Patient Safety, U.S. Congress, U.S. Senate

Health reform champion Rep. Waxman to retire

January 31, 2014 By Arezu Sarvestani Leave a Comment

Health reform champion Rep. Waxmax to retire

The Affordable Care Act is poised to lose one of its greatest House of Representatives allies with the retirement of Rep. Henry Waxman (D-Calif.), announced this week.

Filed Under: Healthcare Reform, News Well Tagged With: Personnel Moves, U.S. Congress, U.S. House of Representatives

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