Devices & Diagnostics

Not in the stars: Probably no medical device excise tax repeal this time around

Medical device tax repeal not included in budget deal, Aide says to Bloomberg $BSX, $CFN, $MDT, $SYK — Sasha Damouni (@SashaDamouni) October 14, 2013 Bloomberg healthcare reporter Sasha Damouni has tweeted an aide told the magazine the medical device tax repeal is not included in the budget deal. Despite the intensive efforts of the medical […]

By Lindsey Alexander on October 14, 2013

Medical device tax repeal not included in budget deal, Aide says to Bloomberg $BSX, $CFN, $MDT, $SYK

— Sasha Damouni (@SashaDamouni) October 14, 2013

Bloomberg healthcare reporter Sasha Damouni has tweeted an aide told the magazine the medical device tax repeal is not included in the budget deal. Despite the intensive efforts of the medical device industry to repeal the 2.3 percent tax on revenue that represents $30 billion in Obamacare funding as part of the debt ceiling deal, if this source is correct, it looks like bleak days for a repeal but (yay!) potentially an end to the shutdown in sight.

If not, here are two other potential legislative options to repeal the device tax.

A Personalized Approach to Medication Nonadherence

At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.