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Invacare

In brief: Study finds DME saves money, Tricare agrees with rollback

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02/24/2017

WATERLOO, Iowa – Upfront spending on durable medical equipment saves Medicare money in the long run, according to an updated study conducted by Leitten Consulting for The VGM Group.

Invacare brings Swiss brand to U.S.

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02/22/2017

ELYRIA, OHIO – Invacare has launched the kuschall brand of high-active custom manual wheelchairs in the United States with three new wheelchairs: the K-Series attract, the Advance and the Champion.

Invacare shifts into phase two of transformation

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02/10/2017

ELYRIA, Ohio – 2016 was the year Invacare tore itself down and 2017 will be the year it starts building itself back up, Matt Monaghan said during a conference call Feb. 9 to discuss the company’s fourth quarter and year-end financial results.

Invacare earnings show signs of ‘re-orientation’

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02/09/2017

ELYRIA, Ohio – Invacare has reported net sales of $264.7 million for the fourth quarter of 2016 compared to $283.3 million for the same period in 2015. It reported net losses of $17.6 million vs. $2.93 million.

Invacare reduces workforce again

Layoffs have occurred in each of the past four years
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02/01/2017

ELYRIA, Ohio – Invacare will reduce its workforce by about 100 associates, a move that will generate about $6.6 million annually in pre-tax savings, the company announced late on Jan. 31.

Invacare informs holders of repurchase rights

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12/27/2016

ELYRIA, Ohio – Holders of Invacare’s 4.125% convertible senior subordinated debentures issued Feb. 12, 2007, and due 2027 have the right to surrender their notes for repurchase by the company, it confirmed Dec. 24.

Invacare names biotech exec to board

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11/30/2016

ELYRIA, Ohio – Invacare has a new board member: Susan Alexander, who has served as the executive vice president, chief legal officer and corporate secretary for Biogen, a pharmaceutical company, since December 2011.

Invacare ramps up context

Of three-phase transformation, CEO says, ‘This is going to be more of a walk through a forest to a destination than a walk in a straight line’
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11/11/2016

ELYRIA, Ohio – Matthew Monaghan wants investors to look past the net losses and sales decreases that dominate Invacare’s latest financial results.

Earnings: Invacare reports losses, Inogen raises guidance

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11/04/2016

ELYRIA, Ohio – Invacare on Oct. 31 reported a net loss of $5 million for the third quarter of 2016 compared to $7.8 million for the same period last year. It reported net sales of $268.1 million vs. $283.8 million.

Invacare reports losses for third quarter, first nine months of 2016

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10/31/2016

ELYRIA, Ohio – Invacare this morning reported a net loss of $5 million for the third quarter of 2016 compared to $7.8 million for the same period last year. It reported net sales of $268.1 million vs. $283.8 million.

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