Tag: Invacare HCS

ELYRIA, Ohio - Invacare this week reported net sales of $283.78 million in the third quarter compared to $320.52 million for the same period in 2014. For the nine months ended Sept. 30, 2015, it reported net sales of $859.07 million compared to $951.96 million for the same period last year. For North America/HME, Invacare reported net sales of $114.6 million for the third quarter compared to $124.3 million for the same period last year, a 7.8% decrease. For the first nine months of the year, it reported...

ELYRIA, Ohio - Invacare will close Invacare HCS, a business unit providing billing services to HME providers, by Aug. 30, according to Lara Mahoney, director of investor relations and corporate communications.Invacare is making the move as part of overall efforts to reduce complexity in its business, Mahoney says.“It's outside of our core business and not something we were able to focus on growing,” she said.Invacare bought Akron, Ohio-based Bargmann Management and re-branded it as Invacare...