SMITH & NEPHEW, INC.

Issues related to disposable negative pressure wound therapy, including related to maternal health. Issues related to the Physician Fee Schedule (PFS), including payment for skin substitutes wound treatments. Issues related to coding and payment rates for tympanostomy and other procedures involving pediatric medical devices. Issues related to reporting of Average Sales Price for skin substitutes. Monitored the implementation of P.L. 117-169, the Inflation Reduction Act, as it relates to drug pricing. Monitored issues related to pass-through payments for medical devices.

Issues related to the sterilization of medical devices.

Monitor implementation of P.L. 117-169, the Inflation Reduction Act, as it relates to corporate and international taxes. H.R.7024, Tax Relief for American Families and Workers Act of 2024, as it relates to the R&D credit and interest expense deduction. Monitor H.R. 3665, Defending American Jobs & Investment Act, as it relates to taxation of foreign-based multinationals.

Monitored issues related to pressure injuries. Issues related to medical device shortage reporting.