Tax

Medical device tax could crimp long-term care supplies, hike cost, dampen innovation, expert says

Medical device tax could crimp long-term care supplies, hike cost, dampen innovation, expert says

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A medical device excise tax scheduled to hit Jan. 1 is causing uncertainty among manufacturers and providers, a healthcare expert said Monday.

Repeal excise tax on medical devices, letters state

More than 400 organizations and companies have sent letters to House and Senate leaders asking for the repeal of a 2.3% medical device excise tax. The tax is scheduled to begin in 2013. If enacted, it would cost vendors more than $2.7 billion each year, letters warn.

Florida nursing homes given creative option to avoid budget ax

Nursing home owners in Florida have been breathing easier since the Legislature decided not to reduce funding for the 460-plus facilities.

CMS final rule lowers ceiling on provider taxes

The Centers for Medicare & Medicaid Services finalized a rule that reduces maximum allowable provider taxes to 5.5%.