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Tag: Layoffs


Also Noted

Invacare layoffs shift to Europe

November 27, 2018HME News Staff

ELYRIA, Ohio - Invacare plans to reduce its workforce in Europe by about 50 employees, according to a filing with the Securities and Exchange Commission. The move is part of the company's long-term plan to achieve $12.5 million of operating margin improvement from cost reduction activities specifically in Europe. Invacare expects to incur total pre-tax cash restructuring charges, primarily related to severance and transition assistance, of about $900,000, which will be expensed in the fourth quarter...

Invacare, Layoffs


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Also Noted

Adventist Health to lay off workers

November 9, 2018HME News Staff

PORTLAND, Ore. - Adventist Health Home Care Services will close its personal care and HME division here, affecting 92 employees, according to an article in the Portland Business Journal. The cuts are expected to begin around Dec. 20, the company stated in a letter to the Oregon Dislocated Worker Unit. Adventist plans to focus on growing its home health, hospice and palliative services, a spokeswoman told the paper Employees connected with the personal care and HME decision will be considered for...

Adventist Health Home Care Services, Home Medical Equipment, Layoffs


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Vendors

Invacare reduces workforce

December 8, 2017HME News Staff

ELYRIA, Ohio - Invacare will reduce its workforce by about 110 employees to generate $8.5 million in pre-tax savings, the company announced Dec. 7.The move, which affects employees in North America, is part of a multi-year strategic plan to transforms Invacare into a more clinically focused company, says Matthew Monaghan, chairman, president and CEO.“This reduction in force, while difficult, is an essential part of the second phase of our transformation toward becoming a more sustainably profitable,...

Consent Decree, Invacare, Layoffs


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Vendors

Invacare reduces workforce again

February 1, 2017HME News Staff

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.The reduction in workforce is necessary to realign Invacare's infrastructure, says Matt Monaghan, chairman, president and CEO, in the wake of efforts in 2016 to recruit associates to the North America commercial team as part of its transformation from a generalist DME to a more clinical company.“These changes,...

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Providers

Rotech announces layoffs at billing center

August 14, 2015Liz Beaulieu, Editor

ORLANDO, Fla. - Despite “momentum” from a string of recent acquisitions, Rotech Healthcare plans to lay off 90 employees by Oct. 9.The provider, one of four “nationals” in the HME industry, filed a Worker Adjustment and Retraining Notification with the state on Aug. 12. The layoffs will take place at Rotech's 3600 Vineland Road location, a billing center.“We are going from five (billing centers) to four,” said President and CEO Tim Pigg in an email to HME News....

Acquisitions, Layoffs, rotech healthcare


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Providers

Rotech announces layoffs

August 13, 2015HME News Staff

ORLANDO, Fla. - Despite “momentum” from a string of acquisitions, Rotech Healthcare plans to lay off 90 employees by Oct. 9.The provider, one of four “nationals” in the HME industry, filed a Worker Adjustment and Retraining Notification with the state on Aug. 12, according to news reports.The layoffs will take place at Rotech's 3600 Vineland Road location, a billing center.Rotech has a total of 3,500 employees in 450 locations in 48 states.Since late last year, the provider...

Layoffs, Rotech


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Specialty Providers

Audits take toll on contract supplier

March 7, 2014Theresa Flaherty, Managing Editor

FLETCHER, N.C. - All-States Medical Supply (ASM) in February laid off eight employees and company execs placed the blame squarely on audits.“We've got more than 15% of our cash flow held up in audits,” said Marcus Suess, CEO. “That's more than a 200% increase from what we've ever experienced.”The timing couldn't have been worse: The audits surged in November—about 800 requests for documentation in three weeks—several months after the July 1 implementation of the...

All-States Medical Supply, Diabetes Supplies, Layoffs, National mail-order program


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Layoffs at Invacare hit 236

July 30, 2013HME News Staff

ELYRIA, Ohio - Invacare has laid off an additional 25 workers at its Taylor Street manufacturing facility. It's the third layoff at the facility: In late 2012, Invacare laid off 143 workers; and in April of this year, it laid off 68 workers. The reason: A consent decree with the U.S. Food and Drug Administration (FDA) has limited production at the facility and, therefore, dampened sales. “It's something that we continue to evaluate as we work through the consent decree with the FDA,”...

FDA, Invacare, Layoffs, Production, sales


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Vendors

Sales suffer at Invacare

April 9, 2013Liz Beaulieu, Editor

ELYRIA, Ohio - In a big sign that an agreement with the Food and Drug Administration (FDA) is dampening sales, Invacare has announced that it has laid off an additional 68 employees at its manufacturing facility on Taylor Street.Sales have been impacted by a provision in the agreement that requires providers to document that a wheelchair or seating system made specifically by Invacare is medically necessary for a particular condition.“We didn't know what to expect and now, with a few months...

Audit, FDA, Invacare, Layoffs


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Vendors

Invacare reduces workforce

December 27, 2012HME News Staff

ELYRIA, Ohio - Invacare will lay off 143 employees due to a decline in production at its Taylor Street manufacturing facility here.The decline in production is related to an agreement with the Food and Drug Administration (FDA) that requires Invacare to limit manufacturing and design activities at the facility until it is inspected and found in compliance with regulations through a third-party review.[See also: Invacare settles with FDA]“While we regret having to take this step, we recognize...

FDA, Invacare, Layoffs


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