Rep. Paulsen told Minnesota Public Radio that GOP leaders have decided to proceed with the bill, called the Protect Medical Innovation Act. This bill currently has 226 cosponsors from both parties in the House — enough for passage. The medical device tax would levy a 2.3 percent charge on medical device companies, and experts say it will cut jobs and hurt the industry.
Related Articles on Medical Devices:
Bass of Rap Music Can Power Implanted Medical Devices
Center for Devices and Radiological Health Releases 2011 Ombudsman Report
Stanford Partners with FDA to Improve Medical Device Approval Process
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.