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European payment deadline impends

This article was originally published in The Gray Sheet

Executive Summary

Late payments for medical technologies are approaching the final cut-off date under EU Directive 2000/35/EC, whose transposition into EU member states' national law must be completed by August 8. Stipulations of the Directive could improve payment, particularly for suppliers in Southern European countries, by enforcing a 60-day deadline for contracts, Eucomed notes in its 2001-2002 annual report. The association finalized a 1Eucomed position paper on the issue in December 2001...

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