Tag: Litigation
Philips: Send back recalled devices
December 21, 2021HME News Staff
AMSTERDAM, the Netherlands – Philips advised HME providers in a Dec. 15 letter to return to the company any recalled DreamStation 1 devices that patients return to them.
As part of litigation stemming from Philips’ voluntary recall of the devices, a Nov. 10 court order “identifies the various types of evidence that must be preserved and requires parties and nonparties, including (HME providers), to preserve such evidence” and a Nov. 19 court order “permits...
F&P Healthcare grew homecare revenues by 4% in 2017
May 23, 2017HME News Staff
AUCKLAND, New Zealand - Fisher & Paykel Healthcare reported net profit after tax of NZ$169.2 million for the fiscal year ended March 31, 2017, an increase of 18% over the previous year. Operating revenue was NZ$894.4 million, a 10% increase over the previous year, or 14% growth in constant currency. F&P says both were records for the company. By segment, the hospital product group grew revenues by 15% to NZ$500.4 million, or 19% growth in constant currency; and the homecare product group grew revenues...
ResMed, 3B Medical end 'very long battle'
January 23, 2017HME News Staff
SAN DIEGO and WINTER HAVEN, Fla. - ResMed and 3B Medical have agreed to settle years of litigation, the two companies announced Jan. 21.Per the five-year settlement, 3B Medical and its parent company, Beijing-based BMC, will be permitted to sell their existing products in exchange for making royalty payments to ResMed.For its part, ResMed will make a one-time payment to 3B Medical to close ongoing litigation between the two companies in Florida.“This agreement brings a very long battle with...
Appeals: Court keeps HHS in hot seat
January 6, 2017HME News Staff
WASHINGTON - The U.S. District Court for the District of Columbia stands firm that the Department of Health and Human Services must implement procedures to curtail a massive appeals backlog in a timely fashion.
Judge James Broasberg on Jan. 4 refused to rescind his previous order on Dec. 5 requiring the agency to eliminate the 650,000-claim backlog before 2021. HHS had argued that it would only be able to meet such a deadline by paying for claims without regard to merit.
The court was not unsympathetic...
Court orders PharMerica to pay $48.5M tab
April 12, 2016HME News Staff
LOUISVILLE, Ky. - A circuit court judge has told PharMerica Corp., a national provider with 17 specialty home infusion pharmacies, to honor outstanding invoices from AmerisourceBergen Drug Corp. for about $48.5 million. PharMerica has withheld payment and applied the invoice amounts against rebates and other amounts that it believes AmerisourceBergen owes the provider, which are in excess of $48.5 million. But the Jefferson County Kentucky Circuit Court ruled on April 1 that PharMerica must pay the...