Mal Mixon

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“The Cities” awards: Mal Mixon named Medical Mayor

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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Invacare’s Mixon steps down as CEO; passes title to Blouch

Invacare Corp. (NYSE:IVC) CEO A. Malachi Mixon III, a name synonymous with the company since he bought it with his life savings in 1979, is stepping down from his chief executive post but will stay on as chairman. Gerald Blouch, who's been working as the home health products maker's interim CEO since April, will succeed Mixon in the chief executive role.

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Invacare CEO Mixon suffers mild stroke, takes medical leave

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 […]

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Invacare profits rise, revenues slip in second quarter

Invacare Corp. profits rose 43 percent in the second quarter from a year ago as operating expenses as a proportion of sales, interest expenses and income taxes fell. Sales fell 8 percent to $412.5 million in the recent quarter from a year ago, mostly because of unfavorable foreign currency exchange rates. Last week, President Obama gave a thumb's up to the home health care industry.

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Invacare Corp.’s profits rise, sales fall in first quarter

Invacare Corp. in Elyria, Ohio, said today that profits rose and sales fell in the first quarter, compared with a year ago. Several factors worked to boost net income 9 percent to $2.4 million, including a 2.1 percent rise in "organic sales." Subtracting from Invacare profits: Higher prices for raw materials, and some foreign currency transactions and translations.