Hi Bonny - no, my status never changed to Medicals Received. As a matter of fact it is still "In Process" and my passports are with them for the last two weeks. Hopefully it will change to Decision Made soon. I don't remember seeing the other folks who had received PPR stating that their status ever changed to Medicals Received.
I think it is a good sign if the status never gets changed to Medicals Received - it could mean your PPR is on your way. Most of us got the PPR exactly 30 days after the medicals were received by Ottawa office. My observation is when the status changes to Medicals Received, the VO is doing additional security checks. Just my observation in the forum, I could be totally wrong.
Hope this helps.