AMA on CMS physician fee schedule proposed rule: ‘Getting this policy right is vital’

In its response to the physician fee schedule proposed rule released by CMS, the AMA noted “a mix of meritorious and flawed proposals that would affect payment and delivery of Medicare.”“The annual physician fee schedule update is an opportunity for CMS to shape Medicare policy and ensure it is correctly focused on patient health,” Andrew W. Gurman, MD, AMA president, said in a press release for the organization. “Getting this policy right is vital, and the AMA will be submitting formal comments to CMS before the final version is released (Read more...)

STAAR reports $8 million net loss in first quarter

STAAR Surgical reported a net loss of $8 million, or $0.20 per share, in the first quarter compared with a net loss of $2.3 million, or $0.06 per share, in the same quarter of 2015, according to a company press release. Net sales increased 2% over the previous year’s first quarter, and was reported at $19.3 million. The increase in sales was attributed mostly to increased sales of the Visian ICL in China and Germany.