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

Taxation/Internal Revenue Code TAX

Corporate Tax Reform, no bill number at this time International Tax Reform, no bill number at this time Earnings stripping PL 111-152, Sec. 1405 - Medical Device Excise Tax; H.R. 184 - Protect Medical Innovations Act of 2017 Corporate Inversions 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: Food & Drug Administration (FDA); HOUSE OF REPRESENTATIVES; SENATE; Centers For Medicare and Medicaid Services (CMS); Health & Human Services, Dept of (HHS); Internal Revenue Service (IRS)

Bills named: H.R. 184 (115th)

Health Issues HCR

Medical Radiation Dose Cybersecurity Medical Device User Fee Act Health information technology FDA 510K Reform HR6 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; Internal Revenue Service (IRS); Centers For Medicare and Medicaid Services (CMS); HOUSE OF REPRESENTATIVES; Food & Drug Administration (FDA); Health & Human Services, Dept of (HHS)

Bills named: H.R. 6 (115th)

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

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.Con.Res 3, FY 2017: Budget Resolution (repeal of the medical device tax) PL 110-275: "Medical 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 Telehealth / Remote monitoring Frail Elderly legislation The Medicare DMEPOS Competitive Bidding Site-neutrality in payments Appropriate use criteria 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; Food & Drug Administration (FDA); Centers For Medicare and Medicaid Services (CMS); SENATE; Internal Revenue Service (IRS)

Bills named: S.Con.Res. 3 (115th)

Budget/Appropriations BUD

FY 2017 Veterans Affairs Appropriations S.Con.Res 3 - FY 2017 Budget Resolution (repeal of medical device excise tax)

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

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

Bills named: S.Con.Res. 3 (115th)