As more discussion is sure to unravel following the passage of the healthcare reform bill late last evening, AdvaMed has released a statement that is partially in support of the bill. Although the association is in favor of affordable insurance coverage for all Americans, it remains concerned about the effect of the medical technology tax. "As Congress and the administration move forward with implementing this reform legislation, we urge them to always consider the potential impact of policy changes on future innovation and medical progress," says Stephen Ubl, president and CEO of AdvaMed. "In his 2010 State of the Union [address], President Obama said that second place in anything is not acceptable for the United States. This is particularly true about our global leadership in life sciences. No industry is better positioned to lead in job creation and trade than the medical technology and diagnostics industry."