by Robert Neil
Although historic health care reform legislation was passed into law with a great deal of public and media attention earlier this year, health care reform has actually been taking place...
Health Care Reform: The Excise Tax Was Only the Beginning
The excise tax has been the medical device industry's main concern about pending health care reform, but other changes are taking place that will alter the market and potentially have a greater impact on sales and profits than the 2.3% tax. Specifically, device manufacturers' customers are at the beginning of changes that will alter reimbursement from the CMS to reflect adherence to standards of "best medical practices" tied to quality patient outcomes.