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Medical Devices with Super Hero-like powers?

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By Dave Hadfield, VP Customer Solutions with editorial support from Jon Nelson, VP Operations

Medical Device Tax survives in health care law

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Posted by: James Walsh via StarTribune
With Thursday’s news that the U.S. Supreme Court has upheld virtually all of the Affordable Care Act, on a 5-4 vote, it also means that the medical device tax included in the law survives – for now.
The U.S. House of Representatives earlier this month voted to repeal the tax, but it appears that repeal has little chance of surviving in the U.S. Senate.
The excise tax on medical devices, scheduled to take effect in January, would collect 2.3 percent of the sale price on medical devices and raise an estimated $29 billion over the next 10 years. Critics of the tax, including many in the medical technology industry, say it will increase health costs, cut into company coffers and lead to a loss of jobs.
Minnesota is a world leader in medical technology. Medtronic, the world’s largest medical technology company, issued the following statement after the Supreme Court ruling became public:
“We began planning for implementation of the measures in the Affordable Care Act (ACA) long ago.  We have been engaged in payment and delivery system reform changes that started before passage of the ACA in the private sector and that will continue.  We remain committed to executing on our key strategies which will allow us to succeed in any environment.”
Stephen J. Ubl, president and CEO of the Advanced Medical Technology Association (AdvaMed) also issued a statement:
“AdvaMed supported goals of health care reform consistent with our long-held principles.
“We have consistently opposed the $29 billion medical device tax because of its damaging effects on economic competitiveness, jobs and the research and development needed to find tomorrow’s treatments and cures. The House has already voted to repeal the device tax, and we are heartened by the number of senators who have said they oppose the tax.
“We will continue to work with policymakers on both sides of the aisle to achieve this goal.”
                                    

PLM: The Nervous System of a Company

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nervous system

PLM is not a new concept. It has expanded well beyond the industries where it started.  A question that we at Integware continue to hear from most companies, and in particular the visionaries within companies new to product lifecycle management, is “how do I show the business value of product lifecycle management?”

Get the PLM Governance Right

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Laying a PLM Foundation

I’ve had the opportunity to manage a large number of projects over the years from very large to very small and I have often found that the main challenges related to successful enterprise solution delivery are usually not technical.  Yes technical obstacles will exist, will need to be overcome and engineering tradeoffs made.  But in my experience the major roadblocks to enterprise implementations stem from improper governance, issues related to management of change (by that I mean organizational acceptance and understanding of value) and strategic investment shifts.

Justifying PLM: A New Perspective on the Investment for Life Sciences Companies

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PLM Benefits

I have been calling directly into the Life Sciences (LS) space for about a year and a half.  I will not call myself an expert, but given that I have been in the business world for over 30 years, I feel I have crossed over into the category of a “gray hair” and therefore I can have some relevant observations.  My below observations are in some ways provided as an outsider looking into the LS industry.

What do PLM and Tim Tebow have in common?

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Tim Tebow vs PLM heavyweight resized 600

Believe it or not, there actually are some similarities.  Not sure if PLM is exciting?  Mike Tyson got a PLM lowdown for 10 minutes at DSCC this year, and you know what, the guy wasn’t bored.  Though, when it comes to Mr. Tebow, we have to be honest.  Put simply, it’s a catchy title, we are launching a new blog, and we are drawing you in! 

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