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 32ETHICS & COMPLIANCE AdvaMed leads the promotion of ethical business practices globally, consistent with the AdvaMed Code of Ethics on Interactions with Health Care Professionals (the AdvaMed Code). Among the Association’s 2016 accomplishments: • AdvaMed implemented a China-specific code of ethics and achieved official sign-on from the China medical technology association CAMDI to broaden the reach and impact of the code. In 2016, the code was advanced to phase-out direct sponsorships of health care professionals in China to attend third-party educational conferences, effective in 2018. AdvaMed developed various tools and awareness materials to assist members and Chinese stakeholders with implementation. • The Association’s leadership in the Asia-Pacific Economic Cooperation (APEC) business ethics initiative achieved important strategic objectives during the APEC annual forum in Lima, Peru. These included: finalization of 24 medical technology codes of ethics, bringing more than 11,500 local companies under a code; a commitment from stakeholders in the region to focus on advancing and supporting ethical interactions with third parties; and a new partnership to expand business ethics efforts in the Western Hemisphere. • AdvaMed held its ninth annual Global MedTech Compliance Conference in May in Dublin, Ireland, in collaboration with MedTech Europe (an alliance of European medtech industry associations). The event brought together over 300 compliance professionals to discuss global trends facing the medtech industry. U.S. PHYSICIAN PAYMENTS SUNSHINE Working closely with our members, AdvaMed engaged exten- sively with the Centers for Medicare and Medicaid Services to ensure effective implementation of the Sunshine Act. This included submission of comment letters related to the Act’s impact on PODs and corporate transactions, and participation in monthly meetings with the agency to discuss ongoing issues. 15 AdvaMed’s Nancy Travis advocates for expanded adoption of harmonized codes of business ethics during the Asia-Pacific Economic Cooperation (APEC) annual forum in Lima, Peru in September. Industry Support for Health Care Professional Education and Training in China A Guide for Medical Technology Companies, Health Care Professionals, and Medical Societies and Associations designed to assist derstanding some nes that medical llow with respect to education in China. on AdvaMed, the nd the phase-out of s, please visit ues/code-ethics/ de A CEO roundtable at the Global MedTech Compliance Conference in Dublin in May includes (from right to left): Benson Smith of Teleflex, Nacho Abia of Olympus, Nadim Yared of CVRx, Derek Young of i360 Medical, and Kathleen Meriwether of Ernst & Young.