This glossary is provided to help website users understand some of the words
and phrases that are used and to help ensure that these words and phrases are
used consistently.
| Terms |
Definition |
| AdvaMed |
The medical device industry trade association. Information regarding AdvaMed
is available at www.advamed.org |
| Anti-Kickback
Laws |
Federal and state laws that make it illegal to offer or provide anything
of value in order to induce someone to order, purchase or recommend any
goods or services that are paid for in part or whole by a federal health
care program such as Medicare or Medicaid. The federal law is codified at
42 U.S.C. Section 1320a-7b(b). |
| Approved
Medtronic Customer Meeting Facility |
One of the approved locations for Customer meetings and lodging that are
listed on the Medtronic
Compliance website |
| BCS Policy |
A policy adopted by MSD that is related to one or more of the Business
Conduct Standards. |
| Business Conduct Standards
(BCS) |
Medtronic's U.S. Business Conduct Standards, unless indicated otherwise
by the related content. |
| Charitable
Contributions |
Contributions of services, money and/or products that are made pursuant
to Business Conduct Standard #3. |
| Charitable
Contributions Manager |
The person designated by MSD's Vice President and Senior Legal Counsel
to provide administrative support and services for MSD's charitable contributions
activities. The name of the person is provided at Compliance Office Contacts.
|
| Charitable
Contribution Policies |
The policies adopted by MSD to comply with Business Conduct Standard #3. |
| Charitable
Contribution Program |
MSD's policies, forms, templates and practices that establish the processes
and procedures it uses to receive, evaluate, and implement charitable contributions. |
| Charitable
Contribution Request Form |
Standard forms used to identify all of the information and documents necessary
for a MSD Contributions Committee to determine whether a contribution request
satisfies the Charitable Contribution Policies and should be granted. |
| Co-Marketing
Activity |
A promotional event (e.g., referral dinner or meeting) or activity (e.g.,
brochure) that promotes a Customer's practice and MSD Products. |
| Code of Conduct |
Medtronic Code of Conduct that establishes Medtronic's worldwide ethics
and business standards. Additional information regarding the Code of Conduct
is available at Medtronic Code of Conduct. |
| Community-Based
Charitable Contributions |
A charitable contribution provided to support community activities and
charitable organizations that are not affiliated with a Customer. |
| Compliance
Office |
The MSD staff responsible for implementing policies, processes, system,
and controls promoting compliance with applicable laws, policies, and contractual
obligations, including Medtronic's U.S. Business Conduct Standards. |
| Corporate
Charitable Contributions Committee |
The committee that reviews and decides on requests for: (1) Community-Based
Charitable Contributions for the Memphis metropolitan area; and (2) all
Customer-Based Charitable Contributions requests, except for contributions
regarding fellowships. |
| Customer |
Defined in the U.S. Business Conduct Standards, but summarized here as
anyone person or entity who is: (1) in a position to purchase, lease, recommend,
use or arrange for the purchase or lease of MSD's products, or (2) affiliated
with a Customer. Additional clarification regarding MSD's Customers are
provided in the General Provisions: Identifying MSD Customers Policy. |
| Customer-Based
Charitable Contributions |
A charitable contribution provided: (1) at the request of a Customer;
(2) to or for the benefit of a Customer; (3) to a charitable mission supported
or sponsored by a Customer; or (4) to a charitable organization a Customer
is affiliated with, e.g., on the board of directors or a professional association
for Customers. |
| Customer
Interaction |
Defined in Business Conduct Standard #1 as a transfer of anything of value
from Medtronic to a Customer. |
| Distributor |
A person or organization under contract with MSD to promote and sell MSD's
products to Customers. |
| Education Grant |
MSD's financial support for a Third Party Meeting , not including a Scholarship. |
| Fellowship |
An in-depth course of study and instruction with significant educational
value at an academic medical institution for a specific period of time.
Provides the fellow with an intellectual environment for acquiring the knowledge,
skills, clinical judgment, and attitudes essential to the practice of the
applicable sub-specialty. |
| Fellowship
Charitable Contributions Committee |
The committee that reviews and decides on Customer-Based Charitable Contribution
requests to sponsor fellowships. |
| Fellowship
Summary Questionnaire |
A questionnaire approved by MSD's Vice President and Senior Legal Counsel
that is required for all fellowship-related charitable contributions. |
| Independent
Sales Representative |
A person under contract with MSD or employed or under contract with a
Distributor to promote and sell MSD's products to Customers. |
| Medicare |
A health care program administered by the federal government that pays
for certain health care services for Medicare beneficiaries, the majority
of whom are eligible as a result of their age or because of a long-term
disability. |
| Medicaid |
A health care program primarily administered by state governments, but
funded in part by the federal government, that pays for certain health care
services for Medicaid beneficiaries, who are eligible as a result of financial
status. |
| MSD |
Medtronic Sofamor Danek |
| MSD Compliance
Officer |
The person designated by MSD to be primarily responsible for developing
and maintaining MSD's BCS Compliance Program. |
| MSD Compliance
Website |
One or more websites maintained by MSD that provide information regarding
the BCS and compliance with the BCS. |
| MSD
Contribution Committees |
The Corporate Charitable Contributions Committee; MSD Local Community
Charitable Contributions Committees; Fellowship Charitable Contributions
Committee. |
| MSD
Local Community Charitable Contributions Committee |
The committees designated by local leaders at each community in which
MSD maintains a facility with employees, other than Memphis, to review and
decide on Community-Based Charitable Contributions for their local community. |
| MSD Representative |
A MSD employee, Distributor, Independent Sales Representative, or other
agent, not including Business Colleagues. |
| MSD
Training and Education Program |
A training and education program regarding MSD Products provided by MSD
to Customers in compliance with BCS #7. |
| Product Division |
As of the effective date of this glossary, MSD's product divisions are:
- Biologics
- Interbody
- Cervical
- Thoracolumbar
|
| Product
Division Contributions Designee |
The individual(s) designated for each MSD product division to review and
evaluate requests for product charitable contributions, typically related
to a charitable mission to provide health care services to indigent patients
in and outside of the United States. |
| Sales Personnel |
Anyone employed as a part of MSD's sales department, including employed
sales representatives, Distributors, Independent Sales Representatives,
sales managers or directors. |
| Senior
Contribution Approver |
The person or person(s) who are required to evaluate and approve charitable
contributions that exceed certain dollar thresholds as defined in BCS #3
and the Customer-Based Charitable Contributions Policy. |
| Senior
Manager, Accounts Payable |
Currently Lori Brunson (lori.brunson@medtronic.com) |
| Scholarships |
MSD's financial support for health care professionals-in-training (residents,
fellows, etc.) to attend a Third Party Meeting. |
| Tax
Exempt Charitable Organization |
An organization that qualifies for tax-exemption under Section 501©(3)
of the Internal Revenue Code or an organization that qualifies for tax-exemption
under Section 501©(6) of the Internal Revenue Code and engages in scientific,
educational, or other charitable activities. |
| Third Party Meeting (TPM) |
The educational and/or scientific conferences, congresses, meetings, and
other forums for health care professionals described in BCS #8 that are
sponsored by a person or organization other than MSD. |
| Third
Party Meeting Administrator |
The person designated by MSD's Vice President and Senior Legal Counsel
to provide administrative support and services for MSD's Third Party Meeting
financial support. The Third Party Meeting Administrator's name and contact
information is available on the Third Party Meeting page. |
| U.S. Business Conduct
Standards (BCS) |
Detailed local requirements and limitations on Customer relationships
for Customers located in the United States. There are different Business
Conduct Standards for the different countries in which Medtronic does business.
The applicable Business Conduct Standards are determined by the Customer's
home country. |