Press release: Handicare acquires Ligtvoet Products Helmond – 30 June 2009 – Handicare acquires manufacturing company Ligtvoet Products, part of the Harting-Bank Group. Ligtvoet Products, also known as Lipro, develops and manufactures care and rehab mobility products for disabled people. The dealer organisation Ligtvoet will continue to be part of the Harting-Bank Group. Ligtvoet Products, [...]
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GerontExpo-Handicap Major Event Paris – France – May 26 – 28 – 2009
The healthcare system in France is the envy of most developed countries of the world. France is also the worlds 5th largest country in terms of GDP. This makes the above event one of the world’s top events from a business potential for those that have an interest in the rapidly expanding healthcare sectors concerning [...]
Days Healthcare Germany – Company Closure
Days Healthcare Germany – according to this announcement on their website has announced that they will be closing their German business effective end June. Days Healthcare Germany is part of the Irish multinational DCC group and was formerly known as Casacare.
Pharmaceutical Sales Reps To Be Fired At Pfizer? – When The Best Is Not Good Enough
Market rumors abound that pharmaceutical sales reps at Pfizer may be the next to go. CNBC and Bloomberg are announcing the possibility that 2400 US domestic sales employees (about a third of the sales force) may be let go due to off patent drug expiry, and no doubt the current world financial crisis? The irony [...]
Economic Downturn Hits Hospital Supply And Medical Device Business
Cardinal Health, citing reduced demand for equipment capital budgets in hospitals, has reduced their earnings outlook for 2009. David Schlotterbeck, CEO of Clinical and Medical Products said, “With the delay in hospital capital spending, we expect softness in our capital equipment sales to continue in the second half of the fiscal year. It is important [...]
Kenny And His New Permobil C350 Power Wheelchair
We stumbled upon this review from The Traveling Wheelchair. In tough economic times with health care costs being assailed from governments, reimbursement agencies and insurance companies around the world one often loses sight of where some healthcare products, this one in the rehab space, are essential for daily living and quality of life. Kenny remarks, [...]
Respironics – Philips Is Not Going Direct To The Consumer
With the uncertainties of the new onslaught of Medicare cuts on respiratory equipment and the growing opacity and dynamism in the customer supply channel, Donald Spence, CEO at Philips Home Healthcare Systems has issued a statement putting paid to “rumors” that they – in effect – were “going direct” to consumers. Rumors had been fueled [...]
The US Medicaid Program Set To Grow At Double GDP Growth
CMS (Centers for Medicare and Medicaid Services) announced that their actuarial report shows that Medicaid is set to grow 7,9% per year for the next 10 years, or roughly double the GDP rate of the US. Good news for healthcare product manufacturers and providers if you believe the payer (reimbursement) side of the Porter model. [...]
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