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Invacare

Vendor short takes: Invacare, Permobil

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05/03/2017

Invacarehas introduced Invacare Outcomes by Design, a suite of programs designed to assist post-acute care facilities in improving clinical, financial and patient satisfaction outcomes.

In brief: Data shows sharp decline, Invacare cleared for re-inspection

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04/28/2017

WASHINGTON – Nearly 41% of HME providers have dropped Medicare since July 2013, according to AAHomecare.

That was when Round 2 of the competitive bidding program kicked off in 91 cities with an average reimbursement cut of 45%.

Invacare clear for re-inspection

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04/28/2017

ELYRIA, Ohio – Invacare has completed the final milestones required to lift a consent decree with the U.S. Food and Drug Administration, paving the way for a re-inspection, the company announced April 27.

Update at Invacare: FDA moves on

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04/21/2017

ELYRIA, Ohio – The U.S. Food and Drug Administration will now pick back up on a third and final certification report submitted by Invacare’s third-party auditor.

Invacare can resume design activities

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04/18/2017

ELYRIA, Ohio – Invacare has been given the green light to resume design activities, according to a Form 8-K filed with the Securities and Exchange Commission.

In brief: Study finds DME saves money, Tricare agrees with rollback

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02/24/2017

WATERLOO, Iowa – Upfront spending on durable medical equipment saves Medicare money in the long run, according to an updated study conducted by Leitten Consulting for The VGM Group.

Invacare brings Swiss brand to U.S.

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02/22/2017

ELYRIA, OHIO – Invacare has launched the kuschall brand of high-active custom manual wheelchairs in the United States with three new wheelchairs: the K-Series attract, the Advance and the Champion.

Invacare shifts into phase two of transformation

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02/10/2017

ELYRIA, Ohio – 2016 was the year Invacare tore itself down and 2017 will be the year it starts building itself back up, Matt Monaghan said during a conference call Feb. 9 to discuss the company’s fourth quarter and year-end financial results.

Invacare earnings show signs of ‘re-orientation’

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02/09/2017

ELYRIA, Ohio – Invacare has reported net sales of $264.7 million for the fourth quarter of 2016 compared to $283.3 million for the same period in 2015. It reported net losses of $17.6 million vs. $2.93 million.

Invacare reduces workforce again

Layoffs have occurred in each of the past four years
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02/01/2017

ELYRIA, Ohio – Invacare will reduce its workforce by about 100 associates, a move that will generate about $6.6 million annually in pre-tax savings, the company announced late on Jan. 31.

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