Invacare announced their Q2 2011 results yesterday and the stock dropped in the region of 5%, why? What didn’t the market like, especially in view of the fact that: Organic net sales growth was up 3.8% vs Q2 last year. Adjusted EPS improved 15% vs Q2 last year to $0.45. Invacare generated free cash flow of $21.3 [...]
Handicare Announces Change of Ownership At You-Q
Press Release Change of ownership You-Q In March of this year Handicare announced the establishment of a new company, You-Q, for the production, distribution and sales of the Alex, Beatle and Ibis XP power wheelchair models. Swedish investment company R12 Kapital has now signed a deal to become the new owner of You-Q. The sale [...]
The US Durable Medical Equipment Market Is Worth 26 Billion US Dollars
According to marketingresearch.com the US market is worth $26 billion and is due to grow by 6%. Does that put the world market at about 50 billion but growing faster because of developing countries? Homecare with it’s favorable aging population demographic continues to look like a great investment, despite reimbursement pressures, national competitive bidding and [...]
QOTD From Techcrunch – Don’t Bet Big. Little Bets Are The Ones That Turn Into Billion-Dollar Ideas
@petersims – When I was in business school, one of the most common things I would hear people say was that they wanted to do something new—like start a company or take an unconventional career path—but that they needed “a great idea” first. That always surprised me a bit, especially at an entrepreneurial hub like [...]
Dutch Competition Authority NMa provides clearance for acquisition of Handicare – Handicare International
Dutch Competition Authority NMa provides clearance for acquisition of HandicareFollowing the announcement of the anticipated acquisition of Handicare by Nordic Capital Fund VII in June 2010, the Dutch Competition Authority NMa initiated an investigation, because of another Nordic Capital Fund’s holding in power wheelchair manufacturer Permobil. Although Handicare and Permobil are two independent companies and [...]
Welzorg Netherlands Acquired By Louwman Group
Welzorg, one of the largest homecare providers in the Netherlands has been acquired by Dutch family company investors Louwman Group. Louwman, primarily known in the auto business acquired Welzorg from their former owner IK Investment Partners. Welzorg, together with rival Harting Bank are the largest competitors in this space in Holland and it will be [...]
AT&T Recognizes Healthcare Opportunity With New AT&T ForHealth Venture
AT&T has just announced the formation of AT&T ForHealth. At AT&T, we believe the use of mobile technologies and smart networks can help improve the quality of care, reduce costs, and contribute to a healthier world. Included in the program are mHealth and Telehealth, various Pilot Programs, Cloud Based Services and an online healthcare community. [...]
Better Care In Homecare – From Low To High Tech (Real) Patient Care
The homecare industry has actively talked about the benefits of homecare for the last 20 years or so. The benefits touted usually include lower patient costs compared with staying in hospital, being in a more friendly, familiar environment, as well as avoiding the all to common hospital based infections. Dr Steven H. Landers from the [...]
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