The VA, Affordable Care Act fees, and political conventions

Thursday - 8/23/2012, 7:00pm EDT

0823 Capital_Impact

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This Week on Bloomberg Government's Capital Impact with host Allen Scott:

  • With the threat of sequestration growing closer, health-care spending at the Veterans Affairs Department is exempt from cuts, offering steady sales to more than 1,300 companies that provide medical supplies and services. Federal Business Intelligence Analyst Brian Friel examines the potential for contract growth at VA amid cuts elsewhere.

  • New annual fees - levied as part of the 2010 Affordable Care Act - would force drug and biotech companies to pay $31.1 billion in taxes over the next 10 years for the sale of brand-name drugs to Medicare, Medicaid and the Department of Defense according to a Bloomberg Government Study by health-care financial analyst Brian Rye. Rye discusses the little-known fee and its impact on the health care industry.

  • And, with the political conventions just days away, Bloomberg will be capturing all of the activities in a daily magazine, Bloomberg Insider, published on-site for convention-goers. Managing Editor Tim Franklin joins the show to discuss the magazine and what to watch for at the conventions.


GUEST BIOGRAPHIES:

Allen Scott (moderator) specializes in customer on boarding and training at Bloomberg Government. Allen previously worked at Arbitron, Inc. where he served in a variety of roles from customer service to sales operations manager. Prior to Arbitron, Allen worked in radio for several years in the Washington and Baltimore areas. Most recently he spent six years at 99.1 HFS as co-host and news director.

Brian Friel is a federal business analyst with Bloomberg Government. He launched GovernmentExecutive.com in 1996 and turned the magazine's website into a daily news operation with 100,000 subscribers. Friel's 15 years of executive branch and congressional coverage include reporting for Government Executive, PlanetGov.com, National Journal and Congressional Quarterly.

Brian Rye is a health care financial analyst with Bloomberg Government. Before joining Bloomberg, he spent 12 years as an equity research analyst at SunTrust, Raymond James and Janney Montgomery Scott. In those capacities, he followed biotech, pharmaceutical and other health care companies. Rye also served as a senior business management analyst for Booz Allen Hamilton's civil health group. He received a bachelor's degree in economics from Vanderbilt University and holds the Chartered Financial Analyst designation.

Tim Franklin is a managing editor in the Washington bureau of Bloomberg News, overseeing coverage of regulation and many federal agencies. He is the editor of Bloomberg Insider, a daily magazine being published during the national political conventions. Before joining Bloomberg, Franklin was an endowed chair in the Indiana University School of Journalism and director of its National Sports Journalism Center. He also has been the top editor of The Baltimore Sun, Orlando Sentinel and Indianapolis Star.