CORPORATE PURCHASING ANNOUNCEMENT
December 27, 2012
Medical Device Excise Tax (MDET)
As part of the 2010 Affordable Healthcare Act passed by Congress, the Medical Devise Excise Tax (MDET) went into effect on January 1, 2013. This tax imposes a 2.3% fee on manufacturer or importers when a taxable medical device is sold in the United States.
We do not believe manufacturers can transfer the cost of this tax to hospitals and other healthcare providers. The University of Rochester, along with other healthcare providers, is beginning to see manufacturers attempt to recoup these tax costs by adding them to invoices. They may also try to recoup these expenses by increasing the price of the goods.
If you receive a price increase notification or invoices with the MDET charges, please contact the Purchasing Department at 275-2002 or via email: Purch_Med-Surg@URMC.Rochester.edu