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Invacare

Invacare puts ‘turnaround plan’ in motion

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08/22/2014

ELYRIA, Ohio – With a consent decree with the U.S. Food and Drug Administration (FDA) taking longer than it expected to resolve, Invacare has accelerated efforts to reduce its cost structure by reducing its workforce by 190 employees.

Invacare announces restructuring plan

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08/21/2014

ELYRIA, Ohio – Invacare will reduce its workforce by almost 200 employees as part of a restructuring plan, it announced yesterday.

Good works: Invacare, CareTouch

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08/13/2014

Invacare will serve as a national host sponsor for the 34th National Veterans Wheelchair Games, which take place Aug. 12-17 in Philadelphia.

Short take: Invacare

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08/12/2014

The board of directors of Elyria, Ohio-based Invacare has declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable Oct. 10, 2014, to shareholders on record on Oct. 2, 2014.

Patient sues NSM, Invacare for damages

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08/07/2014

CHARLESTON, W.Va. – A West Virginia man has filed a lawsuit in Kanawha Circuit Court against National Seating & Mobility (NSM) and Invacare Outcomes Management, claiming their negligence is responsible for injuries he sustained from his power wheelchair.

Final audit drags on at Invacare

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07/25/2014

ELYRIA, Ohio – Invacare is still very much in the throes of trying to complete a third and final audit to comply with U.S. Food and Drug Administration (FDA) regulations, based on an update given during a conference call last week.

Invacare’s Blouch retires

Gudbranson named interim leader
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07/25/2014

ELYRIA, Ohio – Invacare President and CEO Gerry Blouch will be paid benefits at a rate equal to 50% of his current salary ($875,000) for periods up to 18 months following his retirement, according to a Securities and Exchange Commission (SEC) filing.

Invacare ‘not pleased’ with earnings

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07/24/2014

ELYRIA, Ohio – Invacare has reported a loss in net earnings of $13.6 million for the second quarter compared to a loss of $12.5 million for the same period last year.

Invacare CEO announces retirement

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07/24/2014

ELYRIA, Ohio – Gerald Blouch, president and CEO of Invacare, will retire effective July 31.

Dog days of summer? More like work like a dog

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Friday, July 11, 2014

It’s definitely the dog days of summer outside of HME News world headquarters in Yarmouth, Maine.

As I sit here writing this blog, waiting for our production department to finalize the HME Newswire that will go out at 6 a.m. EST on Monday, it’s a beautiful 74 degrees outside.

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