Innovation, influence and business in America's medical cities.

A group of Northeast Ohio business leaders and elected officials objects to a TV ad from Gov. Ted Strickland that they say casts Invacare Corp. in a negative light for outsourcing jobs.

Home medical products maker Invacare Corp. (NYSE: IVC) has taken center stage in Ohio’s gubernatorial election, thanks to a TV ad from Gov. Ted Strickland that criticizes the outsourcing of Ohio jobs.

The 22 cardiologists of North Ohio Heart Center Inc. and 24 primary care physicians from its affiliated Ohio Medical Group will become employees of Elyria-based EMH Healthcare System.

Invacare Corp.‘s high-profile chairman and CEO A. Malachi Mixon III — known to most people simply as Mal — plans to return to his chairman’s seat by the end of July.The hard-living entrepreneur who threw in his life’s savings of $10,000 to lead the buyout of the home healthcare equipment and supply maker in 1979 [...]

Invacare Corp.‘s (NYSE: IVC) sales are growing again, especially in Asia. So the Elyria, Ohio maker of home healthcare equipment and supplies has raised its sights for earnings and free cash flow for the year, to the delight of shareholders.“Invacare delivered strong results in three key areas” during the second quarter, Gerald B. Blouch, [...]

Two Northeast Ohio start-ups that are developing treatments for psoriasis and for people who have trouble swallowing are getting $25,000 grants from the Innovation Fund of the Lorain County Community College Foundation.Fluence Therapeutics Inc. in Akron, which has licensed photodynamic therapy technology from University Hospitals Case Medical Center in Cleveland, Ohio, is developing both a [...]

A. Malachi Mixon III, chairman and chief executive of Invacare Corp. (NYSE: IVC), has suffered a mild stroke and is taking a medical leave to recover, the company said early Friday.Gerald B. Blouch, president and chief operating officer for the Elyria, Ohio, company that makes home health care equipment and supplies, will take over as [...]

Cost reductions and a stronger U.S. dollar won the first quarter for Invacare Corp. (NYSE: IVC)But the maker of home healthcare equipment and supplies lowered its sites for sales growth this year to between zero and 1 percent. Its previous guidance had been between 1 percent and 3 percent. The move sent Invacare shares down [...]

Passage of a reconciliation bill under consideration in the U.S. Senate would lessen the impact of a new medical device tax on Invacare Corp. in Elyria, Ohio, according to the Cleveland Plain Dealer.Initially dismissed as “absurd” by Invacare Chairman and CEO A. Malachi Mixon, the new tax to raise money to pay for insurance coverage [...]

Whitebox Advisors LLC, the Minneapolis hedge fund family headed by Andrew Redleaf, has acquired 1.8 million shares, or 5.4 percent, of Invacare Corp., the maker of home health care equipment and products.