Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 322 2015 was a year of significant progress for AdvaMed and the medical technology industry. From winning a two-year suspension of the innovation-crushing medical device tax, to House passage of FDA reforms in the 21st Century Cures Act, to elimination of significant tariffs on medtech exports via World Trade Organization expansion of the Information Technology Agreement, working together we achieved critical results on behalf of industry and patients everywhere. Driving our efforts in 2015 was AdvaMed’s “Innovation Agenda,” created with input from our Board, with specific recommendations to renew and reinvigorate America’s medtech innovation ecosystem (see p. 5). Throughout this report are descriptions of each of the five pillars of our Innovation Agenda, as well as compelling patient stories that showcase how a healthy innovation ecosystem can make all the difference to the people we serve. During the busy year, our industry continued to deliver life-changing medical advancements to patients in need. These innovations allow people to live longer and healthier lives, yield savings across the health care system by replacing more invasive procedures and reducing hospital stays, and help create good-paying American jobs. Communicating this simple but important message, that our industry is an engine of both public health and economic progress – bringing innovation and value to patients – is a key part of AdvaMed’s integrated advocacy approach to advancing public policies that support investment, innovation and patient access. Looking back on the year, the Association succeeded in these efforts on many fronts, yielding important benefits to AdvaMed member companies and the patients they serve. Here are some the year’s highlights: LETTER 1 Our Mission 2-3  Letter from the President and Chairman 4 Membership 5 Innovation Agenda 6-7 Advocacy in Action 8-9 Technology and Regulatory Affairs 10-11 Payment and Health Care Delivery 12-13 Legal Affairs 14-15 International 16 State Affairs 17  Events & Education 18-19  Life Changing Innovation 20-21 Sector Spotlight 22-23 AdvaMedDx AdvaMedDx Board Executive Committee 24-25 Accel Accel Board Executive Committee 26-27 AdvaMed 2015 28-29  Board of Directors Executive Committee TABLE OF CONTENTS A D V A M E D 2 0 1 5 A N N U A L R E P O R T