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HME dodges tax bullet

December 7, 2012Liz Beaulieu, Editor

WASHINGTON - A more detailed “facts and circumstances” test in the IRS's final regulations for a medical device tax should ensure that “virtually all” HME falls under a retail exemption, industry stakeholders say.“This is a home run,” said Cara Bachenheimer, senior vice president of government relations for Invacare.Starting Jan. 1, the IRS plans to levy a 2.3% excise tax on certain medical devices as part of a healthcare law that Congress passed in 2010. It expects...

AAHomecare, Cara Bachenheimer, Invacare, IRS, Medicare, Pride Mobility

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