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Invacare

New product readies Invacare for comeback

‘I’m not going to say it’s going to be an immediate turnaround, but I think our customers will be excited to have us back’
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02/06/2015

ELYRIA, Ohio – Invacare still may have some work to do to lift a consent decree with the Food and Drug Administration (FDA), but it’s already staging a comeback. 

Invacare ends year with losses

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02/05/2015

ELYRIA, Ohio – Invacare reported a net loss of $9.39 million for the fourth quarter ended Dec. 31, 2014, compared to a net loss of $5.77 million for the same period in 2013.

The company reported net sales of $318.2 million vs. $330.8 million.

Invacare names new leader, secures new credit facility

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01/23/2015

ELYRIA, Ohio – After a six-month search, Invacare has named an exec with turnaround experience as its new president and CEO.

Invacare names new leader

Matthew Monaghan will receive base salary of $750,000 per year
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01/22/2015

ELYRIA, Ohio – After a six-month search, Invacare has named an exec with turnaround experience as its new president and CEO.

Invacare secures new credit facility

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01/20/2015

ELYRIA, Ohio – Invacare has secured a new revolving credit and security agreement, establishing a $100 million asset-based lending senior secured credit facility, the company announced Jan. 16.

In brief: ITC delivers split ruling, Invacare names interim chairman

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12/24/2014

SAN DIEGO and BEIJING  - The International Trade Commission on Dec. 23 (ITC) delivered a split ruling to ResMed and BMC Medical/3B Medical, two sleep manufacturers that have been ensnared in a global patent lawsuit.

Invacare names interim chairman

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12/23/2014

ELYRIA, Ohio – Invacare has appointed Dr. C. Martin Harris interim chairman of the company’s board of directors. Harris joined Invacare as a director in 2003 and was appointed its lead director effective May 17, 2012.

Divergent paths for wheelchairs, scooters

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12/23/2014

The future of mobility equipment lies with wheelchairs and scooters and, based on their current situations, it could end up going in different directions, manufacturers say.

In brief: OIG report, accessory code

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11/26/2014

Three types of diabetes test strips account for 58% of the Medicare mail-order market share, according to a study released Nov. 25 by the Office of Inspector General (OIG).

Invacare announces quarterly dividend

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11/26/2014

ELYRIA, Ohio – Invacare announced a quarterly dividend last week. A cash dividend of 0.0125 per share will be payable Jan. 14 to shareholders of record on Jan. 5.

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