January 7, 2013 | Vol. 1
Imaging and Radiation Therapy Cuts in Fiscal Cliff Package Harm Patients and Threaten American Manufacturing Jobs
MITA Urges Congress to Reverse Job-Killing Medical Device Tax and Reject Devastating
Imaging and Radiation Therapy Cuts
The Medical Imaging & Technology Alliance (MITA) said that failure to delay the new medical device excise tax, along with Medicare cuts for imaging
and radiation therapy services passed by
Congress as part of the “fiscal cliff” package, will hinder patients’ access to early disease detection and therapy services and threaten American medical technology jobs.
The legislation reduces physician office Medicare payments for advanced imaging services by $800 million and hospital reimbursements for radiation therapy by $300 million over ten years. These cuts are in addition to the more than $1 billion in cuts for imaging and radiation therapy services put in place earlier in 2012.
Further, MITA said that Congress’ refusal to address the 2.3 percent medical device tax as part of the fiscal cliff package will harm America’s global leadership in the development of innovative medical imaging technologies and is estimated to cost up to 43,000 medical technology jobs in the U.S.
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