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Sustainability Report > Patients > Access to Healthcare
SUSTAINABILITY REPORT

Access to Healthcare

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Management approach

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Significant indirect economic impacts, including the extent of impacts

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Political contributions

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Edwards Lifesciences’ work to improve Access to Healthcare supports our Aspirations to Transform Patient Care Through Innovative Technologies and Strengthen Our Communities.

DEFINITION
Supporting the provision of quality care to underserved and diverse patients in global communities, helping to remove regulatory, geographic and economic barriers to treatment, participating in public policy development and providing financial contributions in support of Edwards’ goals and aspirations

MANAGEMENT APPROACH
ANNUAL PERFORMANCE

Management Approach

Edwards Lifesciences believes all patients deserve access to affordable and high-quality care. Unfortunately, patients in today’s global healthcare system often face numerous barriers to treatment. These can include access to coverage, geographic barriers, inaccurate physician referrals and policy restrictions. Edwards’ focus on improving access to care contributes to a more sustainable healthcare system and the long-term well-being of our company.

Political Activities

As a highly-regulated medical device company, public policy impacts our ability to help patients, and we are active in the policy making and political process through regular and constructive engagement with government officials, policy makers and stakeholder groups. The goal of Edwards Lifesciences’ policy and political process engagement is to advance sound public policy on areas related to the company’s focus on patient-focused medical innovations for structural heart disease, as well as critical care and surgical monitoring, to improve patient outcomes and enhance lives.

One way Edwards participates in the policy making process is through political involvement. We outline our approach in our Policy on Political Activities and disclose all federal and state political contributions on our corporate website.

Philanthropic Support

Edwards is proud to serve patients from diverse economic, cultural and racial backgrounds. Through the Edwards Lifesciences Foundation, we support many philanthropic initiatives that increase access for patients in need. The Foundation also seeks to expand access to therapies in emerging markets through support of clinical education and medical mission work. This includes underserved regions all around the world, such as Africa, Brazil, China, Haiti, India, Jamaica, Peru, Puerto Rico, Russia, The Dominican Republic and Vietnam.

We recognize that racial/ethnic disparities exist in the treatment and outcomes associated with cardiovascular disease and we are working with the Association of Black Cardiologists (ABC) to address these issues. With a grant from our Foundation, ABC plans to develop a Structural Heart Task Force that will seek to provide patient populations disproportionately impacted by heart disease with the educational tools that will increase awareness, screening and treatment of heart valve disease. The task force will also work to deliver recommendations to healthcare providers that will bridge the gap leading to a reduction of racial differences in rates of valve screening and replacement.

Every Heartbeat Matters

Our signature philanthropic initiative is Every Heartbeat Matters (EHM). Our initiative’s goal is to impact the global burden of heart valve disease by supporting the education, screening and treatment of one million underserved people by 2020. To date, more than 40 philanthropic partners have impacted more than 200,000 underserved patients through this initiative. A complete list of grantees is available on our website.


Every Heartbeat Matters

Educational Initiatives for Better Care

Education has the power to form a bridge between underserved patients and better healthcare. That’s why Edwards offers NewHeartValve.com, a patient-focused website with information and resources about aortic stenosis, treatment options and transcatheter aortic valve replacement (TAVR) centers.

Annual Performance

Edwards is passionate about increasing access for all patients in need. Each year, we challenge ourselves to do more—for our patients, philanthropic partners and communities.

Improving Access to Care

We made progress in 2015 toward our Every Heartbeat Matters philanthropic goal of supporting the education, screening and treatment of 1 million underserved people*. To date, Edwards has impacted 200,000 underserved people.

Political & Lobbying Expenditures

In 2015, Edwards made $91,000 in state political contributions, and the Edwards PAC made $132,500 in federal contributions. A full list of recipients and donation amounts is available on our website. Additionally, in 2015 a portion of our industry association membership dues were spent on federal lobbying. These include:

  • Advanced Medical Technology Association: $44,433
  • Healthcare Leadership Council: $23,000
  • California Life Sciences Association: $28,210
SUSTAINABILITY TARGETS
Impact the global burden of heart valve disease by supporting the education, screening and treatment of 1 million underserved people by 2020.
Strengthen Our Communities
HIGHLIGHT STORY
Edwards Lifesciences Hosts 2015 Patient Day
Edwards Lifesciences hosted 100 heart valve patients and caregivers at its corporate headquarters to connect patients with each other and to share more about the people behind their heart valve technologies. Attendees also learned about the support services and networks dedicated to the heart community.
VIEW VIDEO
DEFINITION