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Tag: Cost Reduction

Smart Talk

Managed Care: Spread cost reduction

October 22, 2015Lynn Everard

A. Many HME companies still seem to be focused on getting vendors to further reduce product costs. While no one should pay too much, it is important to understand that our success in winning lower product costs is one of the main reasons reimbursement across all fronts has dropped steadily over the past two decades. It is time to start focusing on cost reduction in places that bring those savings to the bottom line without producing corresponding reductions in revenue. Here are some places to look.•...

Cost Reduction, Lynn Everard, Valumatrix

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Invacare sells Altimate Medical

September 2, 2014HME News Staff

ELYRIA, Ohio - Invacare has made the next move in its turnaround plan.The company announced Aug. 29 that it has sold Altimate Medical, maker of the EasyStand stationary standing assistive devices, to Rockwood Equity Partners, a private investment firm, for $23 million in cash.“Altimate is a strong business, but it is outside Invacare's core North America/Home Medical Equipment product portfolio,” stated Rob Gudbranson, interim president and CEO, in a release. “The net proceeds from...

Cost Reduction, Invacare, sale

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