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Invacare

Invacare to close facility in Germany

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12/03/2019

ELYRIA, Ohio – Invacare will close its production and distribution facility in Porta Westfalica, Germany, at the end of 2020, a move that will affect about 240 associates, according to a Form 8-K that the company filed with the Securities and Exchange Commission on Nov.

In brief: Act fast on SMART Act, Medi-Cal drops drastic cut

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11/15/2019

WASHINGTON – Industry stakeholders are pushing providers to act fast on a bill delaying the inclusion of non-invasive ventilators in competitive bidding for five years.

Short takes: Invacare, Cardinal, ResMed

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11/15/2019

Invacare has entered into agreements to exchange $72.9 million in convertible senior notes due in 2021 for $72.9 million in senior notes due in 2024, plus approximately $6.9 million in cash.

Invacare targets convergence in 2020

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11/08/2019

ELYRIA, Ohio – Invacare’s not done cost cutting, but it’s now in a place where it can also focus on increasing revenues through new product launches, says Matt Monaghan.

Financial results: Invacare on track, Insulet raises outlook

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11/07/2019

ELYRIA, Ohio – Invacare reported net sales of $235.8 million for the third quarter of 2019 compared to $244.6 million for the same period last year. Net loss was $8 million vs. $12 million.

Harnessing the power of connectivity

It cannot be a one connected product strategy; it must be an all connected information process and flow
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10/28/2019

We live in a connected world. This morning alone, my wife used Siri to check the weather, so we knew how to dress for school and work, and my 5-year-old daughter asked Google to play her favorite songs as we ate breakfast.

In brief: HHS reports reduction in backlog, McKesson hosts roundtable

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10/18/2019

WASHINGTON – The Department of Health and Human Services has reduced the backlog of Medicare appeals at the administrative law judge level by 25% through June 30, according to a status report provided to a federal court and obtained by the American Hospital Association.

Product news: Invacare, Fisher & Paykel, Precision Medical, GCE Healthcare

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10/16/2019

Elyria, Ohio-based Invacare will highlight a number of newer products at Medtrade, Oct. 21-23, including the Etude HC Bed, Aquatec Bath Lifts and a series of Aquatec Ocean Ergo Shower and Commode Chairs.

Invacare overhauls IT system

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10/15/2019

ELYRIA, Ohio – Invacare has signed a $240 million, multi-year contract with Birlasoft to transform its IT system, the two companies have announced.

Invacare appoints new board member

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09/19/2019

ELYRIA, Ohio – Invacare has appointed Julie Beck to its board of directors.

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