In this latest news, Invacare has released 50 employees, most from their Elyria headquarters. They are not the only company in the homecare / mobility industry to do so recently. Invacare maintains that dismissed staff are “office workers” and spokesperson Lara Mahoney is quoted as saying that they are “just ensuring that we’re running as [...]
Tag Archives | homecare
Homecare Opportunities France And Visit Nice
Autonomic Méditerranée – Homecare, Mobility and Rehab trade event held in Nice, France – Decemeber 2-3, 2010. Great place to find out about the industry in an exciting venue. Autonomic Méditerranée.
Sunrise Medical Posts Upbeat Global Results
Sunrise Medical announced revenues of $370 million for mobility products for their year ending June 2010 with strong EBITDA growth. CEO Rossnagel attributes the strong performance to: New products simultaneously introduced on a global scale Global rebranding of the company and it’s products Cost improvement programs On a geographic basis Sunrise improved their leadership position [...]
LVL Medical France – Suspends Trading Awaiting Announcement
Update: LVL have a stock repurchase plan (yet to be approved). The proposed price represents an approximate premium of 30%. More (in French). LVL Medical, a major homecare provider in France requested Tuesday that it’s shares be suspended from trading pending an announcement on Thursday (September 9, 2010) morning. More information (in French): LEAD 1 [...]
Invacare Targeted (And Responds) In Ted Strickland Political Campaign
Invacare responded to communications made by Ted Strickland which accuse Invacare and Invacare board member John Kasich of outsourcing jobs to China. Invacare noted that Though difficult, the changes made in 2006 strengthened Invacare and over the past few years, despite the challenging economy, the Company has added approximately 200 associates to its Ohio campus [...]
Homecare Sales Mid 2010 Reflect Renewed Growth – From Wheelchairs To Sleep Apnea Products
With ongoing discussion about the tough economic times, Medicare cuts through it’s controversial National Competitive Bidding program, it is good to see that the homecare industry is showing renewed growth in several areas. Here is a brief look at the latest results from sleep product manufacturer Resmed, homecare manufacturer Invacare and Lincare – a homecare [...]
German Health Minister Philipp Roesler – To Slam Pharma – (Wheelchairs And Homecare Next)?
New German Health Minister Takes Aim At Traditional Pharma Companies. Newly appointed German Healthcare Minister Philipp Roesler – liberal – Free Democratic Party in likely move to break big pharma stronghold and submit new products to insurance pricing scrutiny and impose an “efficiency and clinical effectiveness /outcomes” pricing performance ratio. Not totally dissimilar to the [...]
Telemedicine Reimbursement – Good News For Homecare et al
Press release: Virginia Legislature Passes Bill Requiring Reimbursement for Telemedicine Contact: Ben Forstag, American Telemedicine Association, 202-223-3333 March 3, 2010 WASHINGTON, DC – By a unanimous vote, the Virginia State Legislature yesterday approved SB 675 mandating that health insurers pay for telemedicine services. Governor McDonnell is expected to sign the bill into law. “This is [...]
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