Industry News

  • In The News

    In an appearance on MSNBC’s “Morning Joe,” the Pennsylvania Republican said that he thinks Obamacare should be cut piece by piece and others delayed. Start with the medical-device tax, Toomey said.

  • In The News

    It’s highly unlikely health care reform will be defunded as a result of this week’s showdown over keeping the federal government open, but maybe Congress could at least repeal Obamacare’s tax on medical devices.

  • In The News

    Kalamazoo-based, medical-products maker Stryker Corp. says Obamacare’s 2.3 percent medical device tax will cost the company $100 million this year, reducing its research and development budget by over 20 percent — meaning a loss of 1,000 workers.

  • In The News

    The Perspective article by Kramer and Kesselheim (May 9 issue)1 contains factual errors about the medical device tax that could lead to critical policy blunders. First, the claim that “purchases by government agencies and nonprofit institutions” are exempted from the tax is incorrect. Section 2 of the law specifically excludes some typical exemptions (e.g., sales to governmental and nonprofit agencies) from the tax. Therefore, those sales are taxable.

  • In The News

    The Medical Imaging & Technology Alliance (MITA), the industry lobby, submitted a comment letter to CMS opposing its hospital outpatient prospective payment system (OPPS) 2014 rule that would use separate cost centers to calculate reimbursement for CT and MR.

  • In The News

    The medical imaging equipment market in Russia is poised for growth as the country moves toward a more modern and privatized health care system. According to the market research firm Frost & Sullivan, demand for medical technology in the country is growing at a compounded annual growth rate of around 14 percent with nearly one million more procedures done today than 10 years ago.

  • In The News

    The semiconductor industry and other tech companies are lobbying Congress to take quick action to reauthorize one of the nation’s vital but little-known natural resource stockpiles: the helium reserve.

  • In The News

    The heightened interest in lung cancer screening comes as the U.S. Preventive Services Task Force considers a recommendation that, if adopted, would require health insurance companies to cover yearly CT scans for patients whose age and smoking history puts them at risk.

  • In The News

    An innovative fusion of MRI and ultrasound might be a better way to detect and assess prostate cancer, while helping men avoid unnecessary biopsies, researchers say.

  • In The News

    Researchers using magnetic resonance imaging (MRI) scans of people with psychosis identified patterns of folds in the brain that could act as markers of whether a patient’s symptoms will be eased by medication.