<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>MedCity News &#187; Elyria</title>
	<atom:link href="http://www.medcitynews.com/tag/elyria/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.medcitynews.com</link>
	<description>MedCity News</description>
	<lastBuildDate>Sat, 11 Feb 2012 18:11:52 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Invacare&#8217;s federal lobbying: Lots of spending, few results</title>
		<link>http://www.medcitynews.com/2011/11/invacares-federal-lobbying-lots-of-spending-few-results/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=invacares-federal-lobbying-lots-of-spending-few-results</link>
		<comments>http://www.medcitynews.com/2011/11/invacares-federal-lobbying-lots-of-spending-few-results/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 19:59:28 +0000</pubDate>
		<dc:creator>Brandon Glenn</dc:creator>
				<category><![CDATA[MedCity News eNewsletter]]></category>
		<category><![CDATA[SYN]]></category>
		<category><![CDATA[Top Story]]></category>
		<category><![CDATA[Elyria]]></category>
		<category><![CDATA[Invacare]]></category>
		<category><![CDATA[Ohio]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[publics]]></category>

		<guid isPermaLink="false">http://www.medcitynews.com/?p=107639</guid>
		<description><![CDATA[Despite having spent nearly $8 million on federal lobbying since 2005, home health products maker Invacare (NYSE:IVC) doesn&#8217;t have much to show for its efforts.
Invacare has plenty of reasons to lobby Congress, because federal policy has a greater impact on the Elyria, Ohio-based firm than most. Medicare reimbursement rates determine the price that Invacare&#8217;s equipment-dealer [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_911" class="wp-caption alignright" style="width: 210px"><a rel="attachment wp-att-911" href="http://www.medcitynews.com/2009/01/invacare-profits-revenues-grow-slowly/mal-mixon/"><img class="size-full wp-image-911" title="A. Malachi Mixon III, chairman, Invacare Corp." src="http://www.medcitynews.com/wordpress/wp-content/uploads/mal-mixon.jpg" alt="" width="200" height="200" /></a><p class="wp-caption-text">A. Malachi Mixon III</p></div>
<p>Despite having spent nearly $8 million on federal lobbying since 2005, home health products maker <a href="http://www.medcitynews.com/tag/invacare/">Invacare</a> (<a href="http://finance.yahoo.com/q?s=ivc&amp;ql=1">NYSE:IVC</a>) doesn&#8217;t have much to show for its efforts.</p>
<p>Invacare has plenty of reasons to lobby Congress, because federal policy has a greater impact on the Elyria, Ohio-based firm than most. Medicare reimbursement rates determine the price that Invacare&#8217;s equipment-dealer customers can charge consumers for many home health products like wheelchairs and beds, and in turn heavily influence the prices that Invacare is able to charge those customers.</p>
<p>Unfortunately for Invacare, it seems to be nearly perpetually on the losing side of the health-spending battle, as rapidly inflating health costs in recent decades have payers like the federal government desperately searching for ways to hold down spending.</p>
<p>So when it comes to Medicare spending, revenue to Invacare is cost to the government. That&#8217;s why Invacare figures to be fighting this battle for a long time.</p>
<p>According to a <a href="http://www.cleveland.com/open/index.ssf/2011/11/invacare_spends_millions_in_wa.html">detailed analysis by The Plain Dealer</a> of Invacare&#8217;s lobbying efforts, the company has failed in several of its key pushes. For example, Invacare was unable to defeat a competitive bidding program for home health products that took effect this year, couldn&#8217;t stop 2006 Medicare cuts to home-oxygen-supplies dealers, and thus far hasn&#8217;t succeeded in defeating a <a href="http://www.massdevice.com/news/medical-device-tax-job-killer-industry-advocates-say">tax on medical device companies</a> that&#8217;s slated to begin in 2013.</p>
<p>To his credit, Invacare Chairman A. Malachi Mixon admits his company&#8217;s lobbying efforts have often brought mostly frustration. &#8220;It&#8217;s like pushing a wet noodle uphill,&#8221; he said. &#8220;But it doesn&#8217;t mean you don&#8217;t try.&#8221;</p>
<p>Medicare spends more than $10 billion per year on home health products, but Invacare won&#8217;t say how much money it makes from Medicare, The Plain Dealer reported.</p>
<p>In 2010, Invacare trailed only Cardinal Health among Ohio healthcare companies in federal lobbying spending, MedCity News <a href="http://www.medcitynews.com/2011/01/federal-lobbying-spending-cardinal-health-led-ohio-health-groups-in-2010/">reported in January</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.medcitynews.com/2011/11/invacares-federal-lobbying-lots-of-spending-few-results/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

<!-- Performance optimized by W3 Total Cache. Learn more: http://www.w3-edge.com/wordpress-plugins/

Minified using disk
Page Caching using disk (enhanced)

Served from: www.medcitynews.com @ 2012-02-12 08:55:03 -->
