Stryker Corporation Grossed 17.1 Billion USD in 2021
Author Erin Gerhart
Stryker Corporation is a globally known medical technology company with established branches in over seventy-five countries. They offer products and services in various medical fields including neurotechnology and orthopedics. In 2021 they spent 1.2 billion USD on research and development and 530,000 USD in lobbying costs. For more specific information and to view the complete lobbying report, LobbyingData.com offers alternative data and succinct lobbying information. A recent filling for 190,000 USD is for the advancement of bills concerning appropriations, health issues, and trade. The lobbyists hired to represent the company are Desiree Mowry, Nathaniel Frank Tipton, and Page Kranhbul who all have experience in the areas of health care and trade.
The global medical devices market was valued at 442.5 billion USD in 2020.
Now public law, H.R. 2471 the Consolidated Appropriations Act, covers a broad spectrum of areas, but it can be subdivided into three main parts. First, the bill provides appropriations to federal agencies to fund them for the remainder of 2022. The includes the Department of Labor, Health and Human Services, and Education and Related Agencies Appropriations Act, the Legislative Branch Appropriations Act, and the Commerce, Justice, Science, and Related Agencies Appropriations Act to name a few. Secondly, the bill provides funding to federal agencies to assist Ukraine by allocating funding for emergency food assistance, refugee and migration assistance, and through economic assistance. Specifically, the bill addresses several immigration-related authorities and programs as well as reauthorizes the authority of the Department of Health and Human Services to make certain appointments for the National Disaster Medical Systems. Finally, the bill has several provisions that address a wide swatch of programs including Medicare, Medicaid, and other health programs, the EB-5 immigrant investor visa program, and the regulation of synthetic nicotine.
Artificial Intelligence and Computer Algorithms Can Accurately Diagnose Patients
The second bill being lobbied for is H.R. 851, known as the Future Advancement of Academic Nursing Act (FAAN). It authorizes the Health Resources and Services Administration (HRSA) to award grants to nursing students to increase overall capacity to respond to a public health emergency or pandemic. In awarding said grants, priority is given to historically black colleges and universities as well as other minority-serving institutions and schools in areas with a medically underserved community.