Tag: Invacare Supply Group
Cardinal Health buys AssuraMed for $2.07 billion
February 15, 2013HME News Staff
DUBLIN, Ohio - One month after it acquired Invacare Supply Group, AssuraMed finds itself on the other end of a deal.Cardinal Health, which provides wholesale pharmaceuticals and medical supplies, plans to acquire AssuraMed, a home medical supplies distributor, for $2.07 billion, according to a press release. The move comes on the heels of AssuraMed's January purchase of Invacare Supply Group for $150 million.“Cardinal Health has a long and successful tradition in providing healthcare solutions...
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...
Medtrade Spring in bite-sized pieces
May 13, 2010Liz Beaulieu, Editor
First off, what you're probably waiting to hear about most: The footprint of the show is smaller, yes, but the traffic has been good. Exhibitors acknowledge that there are fewer attendees, but they say they're "quality" attendees. One exhibitor even said "buying is back." Show officials are supposed to e-mail me tomorrow with details on the number of exhibitors and attendees. Stay tuned.
For the first time, we've had quite a few providers sitting in the hot seat, so to speak, for HME...