Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company's Connected Care businesses. Van Houten's third term as CEO had been due to end in April. Already a subscriber?
Providers still bruised by the Philips recall say allegations that Lincare received 20,000 replacement CPAP devices and then turned around and used them for new patients instead of ...
During its first-quarter earnings report this spring, Philips, the health technology company, announced it agreed to pay $1.1 billion in a settlement over respiration and sleep apnea machines.
Starting in 2021, Philips launched a series of product recalls affecting its Respironics range of ventilators and other respiratory machines; most recently, a Class I recall of around 63,000 ...