Tag: Philips Recall
In brief: Providers sue Philips, Access Infusion buys, Prochant surveys
July 17, 2024HME News Staff
PHILADELPHIA – Dynamic Healthcare Services and Hometown Oxygen Pittsburgh on July 15 filed a lawsuit against Philips Respironics, DeLage Landen Financial Services and Philips Medical Capital for cutting off access to financing and leasing programs that the providers say are necessary for them to compete.
According to the lawsuit, filed in the U.S. District Court for the Eastern District of Pennsylvania:
Prior to the Philips recall, DHS purchased thousands of respiratory...
Providers sue Philips for cutting them off
July 16, 2024HME News Staff
PHILADELPHIA – Dynamic Healthcare Services and Hometown Oxygen Pittsburgh on July 15 filed a lawsuit against Philips Respironics, DeLage Landen Financial Services and Philips Medical Capital for cutting off access to financing and leasing programs that the providers say are necessary for them to compete.
According to the lawsuit, filed in the U.S. District Court for the Eastern District of Pennsylvania:
Prior to the Philips recall, DHS purchased thousands of respiratory...
Philips has ‘finality’
May 1, 2024Liz Beaulieu, Editor
AMSTERDAM – Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a consent decree related to a large recall of certain devices in its Sleep and Respiratory Care business unit.
The company recently announced that it has agreed to pay $1.1 billion from its cash flow generation to resolve personal injury litigation and medical monitoring class action in the U.S. This follows an economic loss settlement finalized last...
Philips settles additional lawsuits
April 29, 2024HME News Staff
AMSTERDAM – Philips Respironics, without admitting any fault, has agreed to pay $1.1 billion to resolve the personal injury litigation and the medical monitoring class action related to a recall of certain sleep and respiratory devices in the U.S.
The company has made a provision of EUR 982 million in the first quarter of 2024 and expects to make payments in 2025 from its cash flow generation.
Philips has also concluded an agreement with insurers to pay the company EUR 540...
Philips consent decree outlined
April 8, 2024HME News Staff
PITTSBURGH – The provisions of a consent decree between Philips Respironics and the U.S. Department of Justice were outlined in an April 4 filing in federal court, including selecting and retaining an independent expert to conduct inspections at certain facilities for several years.
The expert will conduct audit inspections every six months for a period of two years and then once every year thereafter for a total of five years at four facilities in Pennsylvania and one facility in...
Philips countersues SoClean
January 5, 2024HME News Staff
PITTSBURGH – Philips on Jan. 5 filed a counter lawsuit against SoClean and its private equity owner, DWHP, arguing they "recklessly and unlawfully” marketed their ozone cleaning devices as compatible with its CPAP and BiPAP devices.
“Contrary to SoClean’s repeated representation of compatibility, SoClean knew that its ozone cleaners had the potential to eat away at Philips Respironics’ PAPs from the inside,” the company states in the lawsuit filed...
Senators urge GAO to review FDA oversight of recalls
December 14, 2023HME News Staff
WASHINGTON – U.S. Senate Majority Whip Dick Durbin, D-Ill., and U.S. Sen. Richard Blumenthal, D-Conn., have sent a letter to the Government Accountability Office (GAO) calling on the agency to update its 2011 report entitled “Medical Devices: FDA Should Enhance Its Oversight of Recalls” in the wake of the Philips Respironics recall.
The Senators sent the letter following the Pittsburgh Post-Gazette’s and ProPublica’s reporting on the recall of certain...
Claims period opens for Philips recall
December 12, 2023HME News Staff
AMSTERDAM – Counsel for the lead plaintiffs in the Philips recall lawsuit have announced that the claims filing period has opened for the previously announced settlement fully resolving economic loss claims. Patients and medical providers who purchased, rented or leased recalled devices, as well as payers who provided reimbursements for those payments, are eligible to participate in the settlement from Dec. 11, 2023, through Aug. 9, 2024. Under the terms of the settlement, users are eligible...
Philips takes ‘first steps’
October 27, 2023Liz Beaulieu, Editor
AMSTERDAM – Philips has re-entered the CPAP market outside of the United States, says CEO Roy Jakobs.
The company has “gradually” started serving new sleep therapy patients in several countries, now that 99% of registered devices have been remediated globally.
“This is starting across the globe,” said Jakobs during a recent conference call to discuss the company’s financial results for the third quarter of 2023. “So, Japan is an important...
Philips refutes article claims
September 28, 2023HME News Staff
AMSTERDAM – Philips disagrees with “characterizations” made in recent articles that say the company knew for several years about problems with certain ventilators and sleep apnea devices.
ProPublica and the Pittsburgh Post-Gazette on Sept. 27 published an article saying that Philips knew about a dangerous breakdown inside its widely used ventilators and sleep apnea machines but waited years before recalling the devices in 2021.
In a statement, Philips said it had...