Rene Letourneau
Medical device manufacturers are shifting the cost of the 2.3 percent device tax, which went into effect on Jan. 1 as part of the Affordable Care Act, to hospitals and other healthcare providers, the Healthcare Supply Chain Association alleged on Friday.
Overall spending on healthcare mergers, acquisitions and takeovers dropped 38 percent in 2012 compared to 2011, down from $231 billion to $143.3 billion, according to a recent report from research and publishing firm Irving Levin Associates.
The global healthcare contract research outsourcing market is increasing at a compounded annual growth rate of 14.7 percent and is expected to be valued at $65.03 billion by 2018, according to a new report from market research firm Transparency Market Research.
As healthcare providers brace themselves for big changes to reimbursement models, many are taking a conservative approach to their capital budgets. As a result, capital spending in 2013 will likely be flat or slightly down compared to 2012, predict experts at several healthcare group purchasing organizations.
With the Affordable Care Act surviving the Supreme Court ruling and the presidential election, healthcare M&A will be robust in 2013 as investors feel less uncertain about the fate of the reform legislation, analysts predicted Thursday during a live webcast hosted by research and publishing firm Irving Levin Associates.
Michigan Republican Gov. Rick Snyder signed legislation last week that strengthens the state's medical malpractice tort laws and provides additional protection against lawsuits to physicians.
The global mHealth market will grow at a compound annual rate of 41.5 percent in the next five years to reach $10.2 billion by 2018, up from $1.3 billion in 2012, said a recent report from market research firm Transparency Market Research.
A 2.3 percent medical device tax went into effect on Jan. 1 as part of the Affordable Care Act, despite claims from medical device companies that the tax will significantly hurt their businesses.
Growth in health system capital spending in 2013 is projected to dip below 2010 levels as reimbursements continue to be cut, according to a recent Premier healthcare alliance survey of healthcare executives.
The market for point-of-care (POC) testing products -- such as pregnancy tests and glucose monitoring devices -- is currently growing at a rate of 6 percent per year, said a new report from healthcare market research publisher Kalorama Information.