DEVICE MAKERS PASSING ON DEVICE TAX (Orthopedics This Week)
Now that the first $97 million of the new device tax has been collected by the government, it raises the questions of who is paying the price of the 2.3% tax.
We’ve seen numerous reports that thousands of laid-off workers from device companies have paid for the tax with their jobs. Other reports from device makers say that cuts to research and development budgets means patients who will not receive new treatments will suffer.
Purchasers Alarmed
Now hospital purchasing groups are complaining that some device companies are attempting to...
