As I Look into My Crystal Ball...
As another year has passed, I find myself again gazing at my computer screen like it’s a crystal ball, trying to visu- alize what 2016 will bring. Before I do that, however, it’s
important to reflect on the past year.
The most consistent news was tied to the“never quite there”
repeal of the medical device excise tax that originated from the
“We are extremely appreciative of the bipartisan efforts to
include a two-year suspension of
the medical device tax in the tax
extenders legislation. Suspending the tax will be an important
step in addressing the harmful effect it is having on research
and development and continued medical progress. On behalf of
America’s medical technology companies, our employees, and
the patients we serve, we urge Congress to act swiftly on this legislation,” Advanced Medical Technology Association (AdvaMed)
Board Chairman Vincent A. Forlenza, also the chairman, CEO
and president of BD, said in a joint news release.
“MDMA applauds the bipartisan agreement to suspend the
medical device tax as part of the tax extenders package, which if
signed into law, would boost innovation, job creation, and patient
care,” Medical Device Manufacturers Association Board Chairman
Scott Huennekens, president and CEO of Verb Surgical, added in
the aforementioned release.“Suspension of this onerous policy will
empower medtech innovators to continue developing and deliv-
ering the cures and therapies of tomorrow, and will help protect
America’s leadership position in this dynamic field.”
As we know, 2016 will bring major changes as the U.S. presi-
dential election season goes into full swing, starting with the
Iowa caucus on Feb. 1. Who will be crowned the winner from
each party? GOP candidates Donald Trump, Ted Cruz, Marco Ru-
bio, and the rest of the field will still be battling it out, while Ber-
nie Sanders attempts to challenge Hillary Clinton for the Demo-
cratic nomination. Time will tell, but hope in the medical device
industry is that the winner recognizes the importance of innova-
tion and research and development in medtech. Our industry is
one that’s as close to“recession-proof” as possible, and if this tax
disappears, medical device companies will be able to continue
to move forward with new innovations that are greatly needed.
So why is this relevant within the pages of the MPO directory?
Primarily, it means the more than 130 companies advertising and
showcasing their services realize the important role they play in
keeping innovation and progress moving forward. They are high-
lighting their expanded supply chain capabilities, which are impor-
tant to their own growth, as well as the growth of their customers.
Through tools like this annual company capabilities and out-
sourcing directory, MPO will continue to help you develop and
maintain those vital relationships that lead to those innova-
tions the healthcare industry so desperately needs. Within these
pages, you will find more than 450 companies available to assist
with your outsourcing needs. The list of key associations and the
events calendar should also keep you well-informed.
Change in 2016 isn’t limited to the industry, though. This past
November, MPO announced the hiring of Sean Fenske as its new
editor to lead the brand in 2016 and beyond. He brings more than
18 years of experience in medical journalism, with over 16 spe-
cifically focused on the medical device and healthcare technology
sectors. Sean replaces Christopher Delporte, who provided criti-
cal leadership to MPO for more than nine years. Chris has moved
on to a new role in public affairs in the Washington, D.C. area,
and we wish him nothing but the very best. He will be missed.
That said, looking into my crystal ball, I see great things in
store for both the medical device industry and MPO’s 14th year of
existence. There will undoubtedly be challenges for all of us, but
with a little luck and some potential changes, 2016 should prove
to be a fantastic year.
Thanks again to all our loyal readers and advertisers for their
continued support of MPO. Our staff would like to wish all of you
a very happy, healthy, and safe holiday season and new year. We
are all looking forward to a prosperous 2016!
Howard A. Revitch