Home health products supplier Invacare (NYSE:IVC) is still enmeshed in negotiations with the U.S. Food and Drug Administration over a possible shutdown of some wheelchair production at an Elyria, Ohio plant.In December, Invacare announced that the FDA had asked it to enter into a legal agreement that would require the company to suspend “certain” wheelchair [...]
[Read more of this report]Invacare (NYSE:IVC) plans to move production of a line of manual wheelchairs to Mexico from Ohio, as the home health products company is in the midst of negotiating a legal settlement with the FDA over issues with wheelchair production in the Elyria, Ohio, plant.The Cleveland-area company will shift production of its Solara line of manual [...]
[Read more of this report]Looking at a possible shutdown of a wheelchair manufacturing facility, home health products maker Invacare (NYSE:IVC) has hired a new compliance and regulatory executive.Doug Uelmen has joined the Elyria, Ohio-based Invacare as senior vice president of quality assurance and regulatory affairs. He boasts more than 30 years experience in quality and regulatory roles, with much [...]
[Read more of this report]The U.S. Food and Drug Administration has asked home health products maker Invacare (NYSE:IVC) to enter into a legal agreement that would require the company to suspend “certain” wheelchair manufacturing operations.Under the terms of the FDA’s proposal, Invacare would be required to suspend those operations at its Elyria, Ohio factory until the agency determines that [...]
[Read more of this report]Home health products manufacturer Invacare (NYSE:IVC) has acquired a negative-pressure wound therapy system to be sold through its rental business for long-term care providers.But the Elyria, Ohio-based company wouldn’t reveal much more than that, such as the deal’s price or the company it acquired the technology from.Invacare revealed the acquisition in its (pdf) third-quarter earnings [...]
[Read more of this report]Despite having spent nearly $8 million on federal lobbying since 2005, home health products maker Invacare (NYSE:IVC) doesn’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’s equipment-dealer [...]
[Read more of this report]As Invacare (NYSE:IVC) grapples with what it calls “slowness” in its markets, the medical equipment supplier illustrated with a recent acquisition one market in which it sees potential: rentals to long-term care providers like nursing homes and assisted-living facilities.The Elyria, Ohio-based company (pdf) announced last week when releasing its third-quarter earnings that it had purchased [...]
[Read more of this report]Home health equipment maker Invacare (NYSE:IVC) is laying off about 50 workers worldwide, citing a difficult economy and declining reimbursements to its customers.The layoffs are primarily hitting office workers and affect less than 1 percent of the Elyria, Ohio-based company’s 6,200 global workers, spokeswoman Lara Mahoney said.Mahoney partially blamed the layoffs on falling reimbursements to [...]
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[Read more of this report]A. Malachi Mixon III – known to most as Mal — is one of the Cleveland healthcare industry’s entrepreneurial successes. But that’s just one of the reasons why he is MedCity Media’s first recipient of “The Cities” Medical Mayor award, which recognizes his insight, vision and contributions to healthcare. “The Cities” awards honor the best, [...]
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