Tag: GS Capital Partners
Invacare doubles down on HME
December 28, 2012Liz Beaulieu, Editor
ELYRIA, Ohio - Invacare has decided to sell Invacare Supply Group (ISG) because it was “incompatible” with its core business of manufacturing home medical equipment, says Gerry Blouch, president and CEO.While ISG has been posting solid numbers, Invacare felt that to fully optimize the business it would have had to sell supplies direct to patients, in addition to selling them to HME providers, he said.“While that type of arrangement can co-exist for someone just doing supplies, it...
