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 32A D V A M E D 2 0 1 6 A N N U A L R E P O R T A D V A M E D 2 0 1 6 A N N U A L R E P O R T A D V A M E D 2 0 1 6 A N N U A L R E P O R T u L E T T E R F R O M T H E P R E S I D E N T Amid all the uncertainties and shifting political winds of a contentious election year, AdvaMed’s steady leadership on important policy solutions to the world’s health care challenges delivered extraordinary results in 2016 for our member companies and the patients we serve. Led by our nearly 50-member Board of Directors, the Association began implementation of a new three-year strategic plan designed to open a new era in medical technology – one that will bring more life-changing innovations to more patients while continuing to reduce health care costs, create good- paying jobs and grow our economy. Throughout this report are compelling data points that demonstrate how our industry and our Association are creating value and advancing these objectives. With new executive leadership and a new vision for the future, AdvaMed is moving forward in fulfilling its mission. Fulfilling our mission to create a policy environment that unleashes the power of innovation has never been more critical. Patient needs are expanding faster than ever, with aging populations around the world and explosive growth of the middle class in developing economies. Before us are boundless opportuni- ties to continue our work to improve patients’ lives. But without an efficient regulatory process, without adequate coverage and payment, and without fair access to global markets, many patients will not receive the life-changing technologies they need. There is a direct tie between the policies we are fighting for in Washington and around the world, 2 TABLE OF CONTENTS 1 Our Mission 2-3  Letter from the President and Chairman 4 Membership 5 Events & Education AdvaMed Purchasing Group 6-7 Advocacy in Action 8-9 Technology and Regulatory Affairs 10-11 Payment and Health Care Delivery 12-13 International 14-15 Legal Affairs 16-17 Life Changing Innovation 18-19 State Affairs 19-21 Sector Spotlight 22-23 AdvaMedDx AdvaMedDx Board Executive Committee 24-25 Accel Accel Board Executive Committee 26-27 AdvaMed 2016 28-29  Board of Directors Executive Committee