Pre-Bid now on over 2000 items...our LIVE Auction is happening November 2nd

Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

Never Miss a Story

Sign Up For Weekly Top Stories


More Industry Headlines

More children visiting ED for headaches — but fewer getting CT scans Medication is being prescribed more frequently

One third of breast cancer patients aren't receiving follow-up imaging exams Can more guidelines resolve the problem?

IBA showcases Cyclone KIUBE cyclotron at EANM Can generate up to 300 doses of FDG in 2 hours

WSU researchers develop way to detect cancer with an iPhone Eight-channel spectrometer shown to be 99 percent accurate

The medical chiller owner’s survival guide ...Or, how not to lose your cool

Researchers use MR to guide stem cell therapy for neurological disorders Provides the resolution that's needed

Abbott in $1.2 billion deal to sell device businesses to Terumo Transaction depends on the completion of Abbott's St. Jude acquisition

With MR, researchers say they have found the root cause of depression Could lead to more effective treatments

Alternative Mo-99 SPECT isotope in development Production on alternative metals could stabilize supply

Philips partners with FluoroPharma to enhance CardioPET tracer image quality: EANM Study data presented at EANM annual congress

Orrin Hatch

Medical device tax repeal amendment added to Senate FDA user fee bill

by Brendon Nafziger , DOTmed News Associate Editor
Sen. Orrin Hatch said he would add an amendment to repeal an upcoming medical device excise tax into legislation to renew Food and Drug Administration user fees that the Senate is expected to tackle on Wednesday.

The so-called Hatch Amendment would overturn the 2.3 percent excise tax, called for by the Affordable Care Act and expected to raise close to $30 billion over 10 years to help pay for the cost of health reform.

Story Continues Below Advertisement

Streamline Your Radiology Workflow with RamSoft's PowerServer RIS/PACS

The PowerServer RIS/PACS is a single database application, essential to reducing redundant work, limiting manual data entry, and increasing consistency throughout healthcare practices. Click to learn how it will help you improve patient care and more.

"Scrapping this tax would ensure medical device manufacturers can invest in hiring new workers and developing innovative 21st century, life-saving medical devices," Hatch, a Utah Republican, said in his announcement Tuesday.

Co-sponsors include a score of GOP senators, including Scott Brown, from Massachusetts, a med tech hub.

The FDA user fee bill, S. 3187, reauthorizes the program whereby the FDA collects fees from drug and device makers to help pay for the cost of product reviews. The new reauthorization also beefs up the agency's foreign factory inspection powers and speeds up the approval process for generic drugs, according to reports.

The Hill reported Wednesday morning that Senate Majority Leader Harry Reid, a Democrat from Nevada, said the Senate was close to a deal on the user fee bill, which had been held up previously by a number of controversial amendments, including one to extend national flood insurance.


Interested in Medical Industry News? Subscribe to DOTmed's weekly news email and always be informed. Click here, it takes just 30 seconds.

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2016 DOTmed.com, Inc.