Congress delays medical device tax for two years

WASHINGTON — Almost no one got everything they wanted out of the Monday deal to reopen the government — except perhaps medical device companies, who managed to fend off an industry-wide excise tax before the first payments were due.   The stopgap spending deal that was signed by President Trump on Monday included a two-year delay of the 2.3 percent tax, which was originally included in the Affordable Care Act to help pay for the law’s health insurance subsidies.

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Siemens Tees Up Health-Care IPO in One of Biggest European Deals in Years – Listing is part of CEO’s efforts to focus company on narrower field of profitable businesses

Siemens AG, the German engineering conglomerate, is readying the most significant step yet in its years long restructuring: the listing of a big chunk of its health-care business, estimated to be worth up to $47 billion.  Siemens isn’t likely to set the exact size of the IPO yet but is targeting listing a slice of between 15% and 25%… The company has said it wants to launch the offering by the middle of next year.

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The United States health care spending has increased by nearly $1 trillion in the past 20 years, a new study finds.

Health care spending on outpatient care rose 85 percent between 1996 and 2013, largely due to increasing use of services, the study found. Spending on inpatient care grew 59 percent because of increases in price and service intensity.

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Congratulations to Nationwide Imaging on achieving ISO 13485 Certification

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