Prepping for a busy few days in Washington next week. We will be meeting with the Senate Small Business Committee, Senator Tammy Baldwin and her staff, David Lee of National Rual Health, Department of Commerce and International Trade Commission, Casper Uldriks, IAMERS’ Capitol Hill Advisor and Attornies for IRS. […]
Senator Lamar Alexander (R) Tennessee, recently visited Memphis and said about the recent non-binding vote to repeal the Medical Device Tax, “We had both Democratic and Republican support, I think the chances are good that the 2.3 percent excise tax on the revenues of medical device companies will be repealed before very long.” […]
U.S. Representative Erik Paulsen, MN, now has enough support, 218 votes, to ensure his bill to repeal the Medical Device Tax will pass the U.S. House. How the bill will play out in the Senate is unknown. […]
One of the issues surrounding UDI (Unique Device Identification) could be the definition of equipment. By definition, we mean classification of the repairs/state of refurbishment of the equipment prior to sale. Many of the major UDI stakeholders cannot agree on what is refurbished versus remanufactured. We are working to make sure that simple changes do [...]
From our Lobbyist – John Weinfurter Please note the following medical device tax non-binding resolution. Background & Context: The Senate gave sweeping bipartisan approval in a vote of 79-20 Thursday night on an amendment by Sen. Orrin Hatch (R-UT) and Sen. Klobuchar (D-MN) to repeal the 2.3% tax on sales of pacemakers, surgical tools and [...]
The U.S. Senate passed a non-binding amendment to the FY 2014 Budget Resolution that called for the repeal of the medical device tax, if a suitable offset can be identified. This is the first vote on the repeal of the medical device tax taken by the Senate, and its passage signals an important development in overall [...]
Since 1908, under the “First Sale Doctrine” a buyer could commonly resell equipment even though the seller had a copyright on the equipment. The recent case decided by the U.S. Supreme Court involved a native of Thailand, Supap Kirtsaeng, who discovered that the textbooks that he was required to purchase from Cornell University’s bookstore, could [...]
Getting providers in the health care delivery system to work together to coordinate patient care is a big change in our system and is being driven by the PPACA (Obama Care) in the guise of the Accountable Care Organization (ACO). “While there is overwhelming support for these lofty goals [for ACOs], […]
According to an article in the Kaiser Health News, Tick Tock, Tick Tock, Administration Misses Some Health Law Deadlines, Phil Galewitz, January 31, 2013, the Obama Administration has missed implementing several key provisions of the PPACA which were due to be instituted on January 1. […]
Today HHS announced the ACO program continues to expand with the addition of 106 new ACOs. The agency is forecasting a savings in Medicare outlays for health care of $940 million over the next 4-years as a result of the formation of ACOs across the Country. […]