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Tag: ISG


ISG deal opens up old wounds

January 25, 2013Liz Beaulieu, Editor

TWINSBURG, Ohio - Some HME providers are on edge about the new ownership at Invacare Supply Group (ISG).AssuraMed, which completed its $150 million purchase of ISG in January, has two business units: Edgepark Medical Supply, which sells supplies direct to the consumer; and Independence Medical Supply, which sells supplies through the provider channel. While AssuraMed plans to fold ISG into Independence Medical, some providers worry about buying supplies from a company that is affiliated in some way...

AssuraMed, Charm Medical Supply, Edgepark Medical, Independence Medical, ISG, New England Medical Equipment Dealers (NEMED)

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Invacare completes sale of ISG

January 21, 2013HME News Staff

ELYRIA, Ohio - Invacare has completed the sale of its medical supplies unit, Invacare Supply Group, to AssuraMed, according to a press release. AssuraMed, the parent company of Edgepark Medical Supplies and Independence Medical, purchased ISG for approximately $150.8 million in cash, which is subject to final post-closing adjustments. Invacare estimates approximately $146.6 million in net proceeds from the sale. The transaction allows Invacare to focus on its core equipment product lines, according...

AssuraMed, Invacare, ISG

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