Invacare implements new surcharges
By HME News Staff
Updated 12:07 PM CDT, Tue August 31, 2021
ELYRIA, Ohio – Invacare informed its provider customers in a letter last week that it will be implementing surcharges on a select group of products effective Aug. 30 to help defray increasing freight rates.
On Oct. 11, the company will also be implementing a 10% price increase on select bed and manual wheelchair spare parts.
“Like all manufacturers around the globe, we have experienced numerous challenges brought on by the COVID-19 pandemic,” wrote Joost Beltman, senior vice president and general manager of North America, in the letter. “Inbound and outbound freight rates are near record levels, North American steel has more than tripled in price, and severe shortages in resins and electronics are making some materials available only to the highest bidder. We recognize the necessity of our products in the lives of patients and are working hard to continue to delivery these goods. These efforts, however, come with additional costs.”
The surcharges range from $125 for three-position recliners and $75 for beds to $15 for bed rails and front riggings.
Additionally, effective Aug. 26 through Oct. 11, Invacare says it reserves the right to refuse or modify an order that exceeds a provider’s monthly historical purchase levels of the affected surcharged products.
“All other terms and conditions of your purchasing agreement with Invacare remain in effect,” Beltman wrote. “We will continue to manage volatility as best we can in these unprecedented times.”
Inogen recently announced that it also plans to increase prices in the “low double-digit range” on all products Sept. 1 due to supply chain constraints.
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