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HHS ends vent contracts with Philips, Vyaire, Hamilton

News follows OIG’s announcement that it would audit the contracts
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09/02/2020

AMSTERDAM – Royal Philips announced Monday that it has received notice from the U.S. Department of Health and Human Services that its contract to deliver 43,000 bundled EV300 ventilator configurations through December 2020 has been partially terminated.

Philips ranks for innovation

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07/07/2020

CAMBRIDGE, Mass. – Royal Philips has earned a place on Boston Consulting Group’s “The Most Innovative Companies 2020,” moving up six spots to No. 23 in this year’s rankings.

Providers on mask tools: They’re ‘tremendously valuable’

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06/26/2020

YARMOUTH, Maine – New tools aim to reduce the guesswork when it comes to helping sleep apnea patients get the right masks and maintain compliance, say CPAP providers.

Philips reports mixed quarterly results

Company expects return to growth and improved profitability in the second half of the year
 - 
04/21/2020

AMSTERDAM – Philips reported sales of EUR 4.2 billion for the first quarter, a 2% comparable sales decrease.

Income from continuing operations was EUR 42 million, vs. 245 million; and adjusted EBITDA margin was 5.9% of sales vs. 8.8%.

In brief: MedPAC finds no change in health outcomes, CMS suspends CERT reviews

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04/17/2020

WASHINGTON – Medicare spending for diabetes testing supplies decreased by 88% between 2010-2017, according to a new report from the Medicare Payment Advisory Commission, but health outcomes have remained stable.

Philips gets approval for new vent under emergency use authorization

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04/15/2020

AMSTERDAM – Royal Philips has introduced a ventilator, the Philips Respironics E30 ventilator, designed for large scale production.

DHHS awards vent contract to Philips

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04/09/2020

MURRYSVILLE, Pa. – The Department of Health and Human Services has awarded a contract for ventilator production under the Defense Production Act (DPA) to Philips.

In brief: Package includes change to ordering, Aeroflow launches investment division

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04/03/2020

WASHINGTON – The stimulus package passed March 27 also includes provisions that allow physician assistants, nurse practitioners and clinical nurse specialists to order DMEPOS and home health services for Medicare and Medicaid beneficiaries, AAHomecare reports.

Sleep apnea sufferers downplay treatment, Philips survey finds

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03/03/2020

AMSTERDAM, the Netherlands – Thirty percent of people with sleep apnea somewhat or completely agree that they don’t think it’s necessary to be treated for sleep apnea, according to a

Connectivity 'elevates" home oxygen therapy

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01/06/2020

Oxygen therapy has always been the lifeblood of the HME respiratory provider’s business as companies offer a range of therapies, modalities and services to their patients.

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