According to a Hill report, the debate over the medical device tax has intensified over the course of this week as the House moves closer to a vote.
“The tax will undermine America’s global leadership position in product innovation, clinical research and patient care, while also undermining the industry’s ability to create and maintain well-paying jobs in the United States,” the U.S. Chamber of Commerce said in a statement.
The American Hospital Association is concerned that the medical device tax will get passed on to hospitals and physician groups purchasing medical equipment.
Meanwhile, the White House has threatened to veto any medical device tax repeal bill that reaches President Obama’s desk, according to the report.
Any bill the House passes is unlikely to make it past the Democratically-controlled Senate.
More Articles Related to Medical Devices:
Bill to Repeal Medical Device Tax Likely to Come Soon
GOP Introduces Bill to Cut Excise Tax on Medical Devices
Sunshine Act May Not Be So Bright: Why Hospitals, Physicians Are Concerned
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
