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BUSINESS AGENDA

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    Device makers could be next to pledge cost savings

    By Dan Haugen | Published Tue, Jul 14 2009 1:57 pm

    Medical-device makers might be the next ones in line to announce how they can help reduce the nation's health-care costs.

    Reuters reports that a new analyst note says the White House is seeking a promise from the device industry to help trim Americans' health-care bills by up to $60 billion over 10 years.

    Hospitals and the pharmaceutical industry have already pledged to help trim $155 billion and $80 billion, respectively, over the next decade.

    A spokesman for the Advanced Medical Technology Association tells the news service that it is "working constructively with the White House and leaders on Capital Hill" to help with health-care reform.

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