PHILIPS HOLDING USA, INC. for PHILIPS HOLDING USA INC.

Taxation/Internal Revenue Code TAX

Corporate Tax Reform - No bill number at this time PL 111-152, Sec. 1405 - Medical Device Excise Tax; H.R.160 - Protect Medical Innovations Act of 2015; S.149 - Medical Device Access and Innovation Protection Act of 2015 S.198: Stop Corporate Inversions Act of 2015 HR.414: Stop Corporate Inversions Act of 2015 S.2666 - Corporate Inverters Earning Stripping Reform Act of 2016 HR.4581 - Stop Corporate Earnings Stripping Act of 2016 International tax reform Sec. 385 Related Party Debt Transactions - proposed and final rule

Foreign entity interest: The interests of Philips Holdings USA Inc. are those of its parent corporation, Koninklijke Philips Electronics, N.V.

Contacted: Health & Human Services, Dept of (HHS); Internal Revenue Service (IRS); Food & Drug Administration (FDA); SENATE; Centers For Medicare and Medicaid Services (CMS); HOUSE OF REPRESENTATIVES

Bills named: S. 198 (114th), S. 149 (114th), H.R. 160 (114th), S. 2666 (114th), H.R. 4581 (114th), H.R. 414 (114th)

Health Issues HCR

Medical Radiation Dose Cybersecurity FDASIA - Food & Drug Administration Safety and Innovation Act Health information technology FDA 510K Reform HR.6 21st Century Cures Act, Potential telehealth provisions; Interoperability

Foreign entity interest: The interests of Philips Holdings USA Inc. are those of its parent corporation, Koninklijke Philips Electronics, N.V.

Contacted: SENATE; Centers For Medicare and Medicaid Services (CMS); Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Food & Drug Administration (FDA); Health & Human Services, Dept of (HHS)

Bills named: H.R. 6 (114th)

Medicare/Medicaid MMM

PL 111-148: Patient Protection and Affordable Care Act (ACA) - various provisions including: Medical Device Excise Tax, various reimbursement cuts and policy proposals for medical imaging; remote monitoring technology in the context of accountable care organizations, medical homes and post acute bundling; transparency PL 111-152: Healthcare Education and Reconciliation Act: Imaging cuts, device tax transparency and remote monitoring S.2343 - The Telehealth Innovation and Improvement Act PL 110-275: "Medicare Improvements for Patient and Providers Act" (sec. 135) - Medical imaging accreditations program; medical imaging clinical appropriateness demonstration program Decline in growth rate of Medicare non-hospital imaging services CMS CPAP bundling proposal HR.2396 - The Software Act HR.2437 - To develop and implement a prior authorization process for certain DMEPOS. Fostering Independence Through Technology Act (potential reintroduction) - specifically the telehealth provisions H.R.284/S.128 - The Medicare DMEPOS Competitive Bidding Improvement Act of 2015 Site-neutrality in payments HR 2 - Long-term Sustainable Growth Rate (SGR) replacement legislation Appropriate Use Criteria HR.2066 - Telehealth Enhancement Act of 2015 The Health Care Innovation and Marketplace Technologies Act (potential reintroduction of HR.2363 from 113th Congress) - Telemedicine provisions HR.2948 - The Medicare Telehealth Parity Act (potential reintroduction) HR.2156 - The Medicare Audit Improvement and Reform Act HR.4185 - The Protecting Access Through Competitive Pricing Transition Act of 2015 S.2312 - The DME Access and Stabilization Act S.2736 - Patient Access to Durable Medical Equipment Act of 2016 H.R.5710 - Patient Access to Durable Medical Equipment Act of 2016 S.3195 - The BREATH Act of 2016 HR.6012 - The BREATH Act of 2016 Chronic care Non-invasive ventilators

Foreign entity interest: The interests of Philips Holdings USA Inc. are those of its parent corporation, Koninklijke Philips Electronics, N.V.

Contacted: Health & Human Services, Dept of (HHS); HOUSE OF REPRESENTATIVES; Centers For Medicare and Medicaid Services (CMS); Internal Revenue Service (IRS); SENATE; Food & Drug Administration (FDA)

Bills named: H.R. 2 (114th), H.R. 2156 (114th), H.R. 4185 (114th), H.R. 2396 (114th), S. 2736 (114th), H.R. 2948 (114th), H.R. 6012 (114th), H.R. 5710 (114th), S. 2312 (114th), S. 128 (114th), H.R. 2066 (114th), H.R. 284 (114th), H.R. 2437 (114th), S. 2343 (114th), S. 3195 (114th), H.R. 2363 (114th)

Veterans VET

U.S. Department of Veteran Affairs acquisition process

Foreign entity interest: The interests of Philips Holdings USA Inc. are those of its parent corporation, Koninklijke Philips Electronics, N.V.

Contacted: SENATE; Internal Revenue Service (IRS); Food & Drug Administration (FDA); HOUSE OF REPRESENTATIVES; Health & Human Services, Dept of (HHS); Centers For Medicare and Medicaid Services (CMS)

Budget/Appropriations BUD

S.Con.Res. 8 - FY 2014 Budget, Sec. 332 Repeal of the Medical Device Excise Tax FY 2017 Veterans Affairs Appropriations

Foreign entity interest: The interests of Philips Holdings USA Inc. are those of its parent corporation, Koninklijke Philips Electronics, N.V.

Contacted: Internal Revenue Service (IRS); SENATE; HOUSE OF REPRESENTATIVES; Health & Human Services, Dept of (HHS); Centers For Medicare and Medicaid Services (CMS); Food & Drug Administration (FDA)

Bills named: S.Con.Res. 8 (114th)