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Invacare

Mixon, citing ‘health challenges,’ announces retirement

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06/23/2015

ELYRIA, Ohio – Invacare Founder Mal Mixon will retire from the company’s board of directors effective June 30.

Short Takes: American Medical Sales and Repair, Chart Industries, Invacare

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06/18/2015

American Medical Salesand Chart Industries have partnered to donate a new SeQual eQuinox portable oxygen concentrator to 6-year-old Cooper Anglemyer after Medicaid refused to pay for it.

People in the news: Matthew Monaghan, Harvey Diamond

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05/19/2015

Elyria, Ohio-based Invacare has announced that its shareholders have elected to the board Matthew Monaghan, the company’s president and CEO, and Clifford Nastas, a director of the Dan T.

Invacare’s Monaghan takes control

New president and CEO has 90-100 day plan
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04/24/2015

ELYRIA, Ohio – New President and CEO Matthew Monaghan will personally head up Invacare’s beleaguered North America HME business on an interim basis.

Invacare sells, then leases back, properties

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04/24/2015

ELYRIA, Ohio – Invacare has secured $23 million in a sale and leaseback transaction. The company has sold and leased back under long-term leases five of its properties located in Ohio and Florida.

ResMed, Invacare report earnings

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04/24/2015

San Diego-based ResMed has reported $422.5 million in revenues for the third quarter ended March 31, a 6% increase compared to the same period last year. It reported a net income of $91 million, a 1% increase.

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.

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