WASHINGTON, DC -- The Medical Device Manufacturers Association (MDMA) reiterated their belief that payments to group purchasing organizations (GPOs) should be subjected to “sunshine” provisions to increase transparency and competition in the delivery of healthcare. MDMA issued preliminary comments to the Centers for Medicare and Medicaid Services (CMS) following the “Special Open Door Forum: Transparency Reports and Reporting of Physician Ownership or Investment Interests” that...
WASHINGTON, DC -- Mark Leahey, President and CEO of the Medical Device Manufacturers Association (MDMA), today issued the following statement in response to the proposed regulation for Accountable Care Organizations (ACOs):
“MDMA remains firmly committed to ensuring that patients have timely access to safe and effective products and that nothing compromises the physician-patient relationship. As we have stated in the past, MDMA opposes any...
WASHINGTON, DC – On the one year anniversary of the 2.3% medical device excise tax that was signed into law as a part of The Affordable Care Act, the Medical Device Manufacturers Association (MDMA) today reiterated their commitment to repealing the tax so that innovation and job creation can thrive.
“MDMA and its members strongly believe that the device tax included in health care reform will harm patient care and thwart innovation and job creation at a time...
WASHINGTON, DC – Mark Leahey, President and CEO of the Medical Device Manufacturers Association (MDMA) issued the following statement today regarding the introduction of legislation in Congress to repeal the medical device tax:
“We applaud Senator Orrin Hatch and Congressman Erik Paulsen for their leadership and recognition of just how critical the medical technology industry is to the economic engine in America, and we urge Republicans and Democrats to come together to...
BOSTON (AP) -- Medical device manufacturers are bristling over a key provision in the nation's new health care law which they say forces them to shoulder an unfair cost of expanded insurance coverage.
A 2.3 percent excise tax on companies that supply medical devices like heart defibrillators and surgical tools to hospitals, health centers and ambulance services will cost medical device manufacturers an estimated $20 billion in new taxes over the next decade. And they say that will...
Legislation was introduced this week to repeal the medical device tax and offset its costs by using unspent stimulus funds. The legislation, introduced by Congressman Brian Bilbray (CA-50), recognizes the important role medical device manufacturers play in improving patient care and driving innovation.
Congressman Bilbray’s legislation is the second bill introduced in the U.S...
The House of Representative's passed the Senate health care reform bill by a vote of 219-212. In addition, the House also passed a corresponding reconciliation bill by a vote of 220-211. The President is expected to sign the initial Senate bill into law on Tuesday. The Senate will likely take up the reconciliation bill on Wednesday and try to pass it before Easter.
MDMA is very concerned about the impact a $20B device tax will have on patient care, innovation and...
Today, the President met with Democrat and Republican leadership to discuss a bipartisan way forward on health care reform. Based on the discussions, common ground was established in some areas, but deep divisions remain in other areas. For example, Republicans Jon Kyl (R-AZ) and Eric Cantor (R-VA) raised concerns about taxing medical device companies. MDMA remains committed to a bipartisan health care reform bill, but strongly opposes proposals that would levy $20B tax on medical device...
As President Obama delivered his State of the Union address this week, Congressional Democrats continue to examine options on moving health care reform legislation forward. Democrats discussed the possibility of the House of Representatives passing the Senate bill passed in December. If the House voted affirmatively on the Senate bill, then the legislation would then go to the President for his approval. However, many in the House have already discounted this proposal, signaling that the...
