ProPublica

How Lincare Cashed In on the Disastrous Recall of Philips Breathing Machines — at the Expense of Patients

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Update, Nov. 25, 2024: On Nov. 22, hours after this article ...
AOL

A $1 billion CPAP recall devastated Philips. The CEO’s turnaround plan involves overhauling company culture and adding a key role to the C-suite

Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like CPAPs ...
Healthcare Finance News

Device recall and supply chain issues prompt Philips to announce layoffs

Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...
MM&M

How Lincare cashed in on the disastrous recall of Philips breathing machines — at the expense of patients

This article originally appeared in ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. For ...