The Internal Revenue Service released aimplementing a Patient Protection and Affordable Care Act provision that imposes on certain medical devices made after 2012 an excise tax equal to 2.3% of their sales price. In submitted on the proposed rule AHRMM, the American Hospital Association and others urged the IRS to explicitly prohibit device companies from passing the tax on to customers, and to clarify that hospitals and other healthcare providers who package and sterilize devices for use in surgery kits should not be treated as device manufacturers or importers under the rule. The final rule does not address AHRMM’s recommendation that manufacturers certify that the tax has not been passed on to customers, but provides that current rules apply in determining the sales price of items. Also, of importance, the final rule states that a kit produced by a hospital or medical institution for its own use would not be a taxable medical device.
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Using leading practices to help forecast supply chain demand.
READY, SET, AUTOMATE: 5 Ways Health Care Organizations Can Gain Efficiencies, Reduce Costs with Digitized AP Technology
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The Introduction to Health Care Supply Chain eLearning courses provide grounded education for those new or seeking a refresher.
This advanced course leads learners through 10 areas of infrastructure surrounding the functions of health care supply chain management.