A House subcommittee is investigating further into the details of ventilator contracts HHS awarded in April to provide more than 187,000 ventilators to the Strategic National Stockpile in the midst of the COVID-19 pandemic, reports MedTech Dive.
A Democrat-led House subcommittee wants to know if the Department of Health and Human Services’ cancellation of “wasteful” ventilator contracts with Philips, Hamilton and Vyaire included generous termination settlements involving “payoffs” to the three medical device companies.
The House Oversight Committee’s Subcommittee on Economic and Consumer Policy wrote HHS Secretary Alex Azar this week seeking documents showing the total amounts paid to the three manufacturers under their now-terminated contracts, including any payments that might reflect a termination settlement.
Read the full article on MedTech Dive.
