Banks and Peters lead roundtable on delayed payments for medical devices

Department of Veterans Affairs Secretary David Shulkin (center) makes a point as Congressman Jim Banks (seated to his left) listens during a bipartisan roundtable discussion about the VA’s late payments on medical devices Wednesday, Nov. 1.
Department of Veterans Affairs Secretary David Shulkin (center) makes a point as Congressman Jim Banks (seated to his left) listens during a bipartisan roundtable discussion about the VA’s late payments on medical devices Wednesday, Nov. 1. Photo provided.

Congressmen Jim Banks (IN-03) and Scott Peters (CA-52) hosted a bipartisan roundtable with Department of Veterans Affairs Secretary David Shulkin, other members of the VA leadership team and representatives from medical device manufacturers on Nov. 1 to discuss the high amount of late payments for medical devices procured by the VA.

Several Hoosier medical device manufacturers, the Advanced Medical Technology Association (AdvaMed) and House Veterans Affairs Committee Chairman Phil Roe (TN-01) took part in the discussion.

“If the VA continues to lag in reimbursing these companies, it runs the risk of depriving veterans of access to these critical technologies and undermines the mission of the department,” Banks said.

Earlier this year, Banks heard from several medical device companies in his district who had received late payments or no payment at all from the VA.