Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Independent Payment Advisory Board (IPAB)

U.S. House Votes to Repeal Obamacare’s Independent Payment Advisory Board

Washington, DC, November 6, 2017 — Nathaniel Weixel reports in The Hill that the U.S. House of Representatives on Thursday, November 2 voted to repeal a controversial Medicare cost-cutting board that has drawn the ire of both parties.

Lawmakers voted 307-111 to abolish what is known as the Independent Payment Advisory Board (IPAB).  The board is tasked with coming up with Medicare cuts if spending rises above a certain threshold but has been criticized as outsourcing the work of Congress.

Ten of New Jersey’s 12 members of the House voted in favor of H.R. 849, the “Protecting Seniors Access to Medicare Act.” Continue reading