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I think the chances are good that the 2.3 percent excise tax on the revenues of medical device companies will be repealed before very long.” […]
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 [...]
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], […]
We believe this letter between our general counsel and the IRS to be good news for people who sell used equipment, and good news for most sales of refurbished equipment.
We have learned from the Regulatory and Systems Branch of the FDA that companies that only provide third-party service are not required to register.
We requested FDA clarification on the new regulations concerning Medical Establishment Registration and Device Listing for Manufacturers and Initial Importers of Devices. Read our letter here.
Here is a copy of the letter from Rob Kerwin, General Councel for IAMERS, to Kara Getz, Esq., Tax Counsel to the Hon. Richard E. Neal, U.S. House of Representatives, regarding the January 2013 Medical Device Excise Tax. It is our priority to get clarification from the Department of Treasury on whether or not the excise tax applies to [...]
To keep you updated with our efforts in Washington, below is a link to a letter that was sent to the US Senate Majority Leader requesting a delay in the medical device tax. Read it here.
AHRA reports that ICDs and other causes of accidents and personal injury from the use of MRI have improved remarkably. After reading this report your shoulder or back may suddenly improve and no longer require a scan. http://www.cardiovascularbusiness.com/index.php?option=com_articles&article=34828&publication=137&view=portals