Tag: Settlement
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...
DOJ announces record number of settlements
February 26, 2024HME News Staff
WASHINGTON – Settlements and judgments under the False Claims Act exceeded $2.68 billion in the fiscal year ended Sept. 30, 2023, the U.S. Department of Justice has announced.
The government and whistleblowers were party to 543 settlements and judgments, the highest number in a single year, the DOJ says.
“Protecting taxpayer dollars from fraud and abuse is of paramount importance to the Department of Justice – and these enforcement figures prove it,” said...
Hill-Rom settles false claims allegations
January 29, 2024HME News Staff
COLUMBIA, S.C. – Hill-Rom Holdings, Hill-Rom Company, Hill-Rom Services and Advanced Respiratory have agreed to pay $2.1 million to resolve allegations that the companies violated the False Claims Act by submitting false claims for payment to the Medicare, TRICARE, Department of Veterans Affairs and Medicaid programs.
The settlement, announced by the U.S. Attorney’s Office of the District of South Carolina, resolves allegations that, from Jan. 1, 2011, through Dec. 1, 2019, Hill-Rom’s...
Philips reaches settlement related to CPAP recall
September 7, 2023HME News Staff
AMSTERDAM – Royal Philips has announced that the company and certain U.S. subsidiaries, including Philips Respironics, have reached an agreement to resolve all economic loss claims related to a voluntary recall of certain sleep and respiratory care devices.
The agreement, which is expected to be submitted to the U.S. District Court for the Western District of Pennsylvania later today and which is subject to that court’s approval, will provide predefined cash awards to all eligible...
In brief: Sleep rebound, Philips settlement, Invacare noncompliance
September 30, 2022HME News Staff
NEW YORK – HME providers saw a 6.3% decline in their sleep patient volume in the last 12 months, but they expect double-digit growth in the next 12 months, according to the third quarter HME Sleep and Oxygen Survey from Needham.
The decline in sleep is mainly due to a shortage in flow generators. The eventual re-entry of Philips into the flow generator market appears likely to come mostly at the expense of smaller competitors rather than ResMed, according to the survey.
Respondents...
Philips settles allegations of induced referrals
September 26, 2022HME News Staff
PITTSBURGH – Philips RS North America, formerly known as Respironics, has agreed to pay $1.28 million to settle allegations that it unlawfully induced referrals for its equipment in violation of the False Claims Act and Anti-Kickback Statute, the Department of Justice has announced.
The government specifically alleged that, between December 2015 and December 2016, Respironics helped a DME supplier procure a twelve-month, interest-free loan that was fully guaranteed by Respironics....
Respironics settles for $24M
September 1, 2022HME News Staff
PITTBURGH – Philips Respironics has agreed to pay more than $24 million to resolve False Claims Act allegations that it misled federal health care programs by paying kickbacks to DME suppliers, the U.S. Department of Justice has announced.
The settlement resolves allegations that Respironics caused DME suppliers to submit claims for ventilators, oxygen concentrators, CPAP and BiPAP machines, and other respiratory related medical equipment that were false because the company provided...
Gov’t settles with SuperCare
August 30, 2021HME News Staff
OAKLAND, Calif. – California Attorney General Rob Bonta has announced a $3.31 million settlement against SuperCare Health for allegedly billing Medicare and Medi-Cal for servicing ventilators that were no longer necessary. The proposed settlement resolves allegations that the Downey-based company submitted fraudulent claims to Medi-Cal in violation of the state and federal False Claims Act. Per the proposed settlement, SuperCare will pay $3.31 million to multiple government plaintiffs, with...
OMHA expands eligibility for settlements
August 13, 2020HME News Staff
WASHINGTON - The Office of Medicare Hearings and Appeals has extended the eligibility requirements to participate in a Settlement Conference Facilitation to appeals filed on or prior to March 31, 2020, that are pending at the administrative law judge hearing or Medicare Appeals Council review level, AAHomecare and the van Halem Group report. CMS launched the Settlement Conference Facilitation pilot program in July 2014 as an alternate dispute resolution process designed to bring the appellant and...