AdvaMed reports first payment of "job-killing" tax The Advanced Medical Technology Association says medical device manufacturers paid $97 million as a result of a new federal tax passed as part of the Affordable Care Act, and they're not happy about it.Under the new 2.3 percent tax, manufacturers are required to pay an estimated average of $194 million per month in medical device tax payments, with a payment of approximately $97 million due semimonthly, according to AdvaMed. "Every dollar spent on this tax is a dollar taken away from medical innovation and job creation," AdvaMed CEO Stephen Ubl said. "This tax is already resulting in layoffs, reduced investments in R&D… Read More