Posted on September 12, 2012 - 4:34PM
In the wake of St. Jude's announcement last week, Welch Allyn announced restructuring plans that entail a 10% reduction in workforce over the next three years, which it attributed, in part, to preparing for the impending medical device tax. Unfortunately, this trend does not appear to be slowing down just yet. In other news, famed VC Vinod Khosla sparked controversy at the Rock Health Innovation Summit when he proclaimed that machines could replace doctors. Read about these and more top stories from the past week in our roundup below.
- Medical Device Tax Blamed for More Layoffs, Potential Offshoring (MD+DI)
- Welch Allyn Initiates Global Restructuring, Including Layoffs (Qmed)
- Stryker CEO: Medical Device Tax is a 'Job-Killing Bill' (MassDevice)
- St. Jude's Job Cuts Are About Device Tax (Minneapolis Star Tribune)
- Famed VC Vinod Khosla on the Death of Medicine as We Know It (MD+DI)
- Tech VC: Machines Can Learn Up to 80% of What Doctors Do, Replace Healthcare Voodoo (MedCity News)
- Testing, Testing...Can You Hear Better Now? (Wall Street Journal)
- A Clash Over a Spine Treatment (New York Times)
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