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Invacare

Invacare re-allocates spending to drive new product sales

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02/14/2020

ELYRIA, Ohio – Now that it has a more robust pipeline in place, Invacare needs to more effectively commercialize its new products, says Matthew Monaghan.

Invacare improves operating loss by $7.8M in 2019

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02/10/2020

ELYRIA, Ohio – Invacare reported net sales decreased 4.8% to $232.9 million in the fourth quarter of 2019. It reported an operating loss of $3.8 million vs. a loss of $1.1 million.

Invacare at 40: This year is all about technology

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01/24/2020

ELYRIA, Ohio – Invacare, which marks 40 years in business in 2020, is not the company it used to be—and, in many ways, that’s a good thing, company officials say.

In brief: Acquisition joins two ‘strong providers,’ Tricare to cover CPAP

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01/03/2020

GREENSBURG, Pa. – MedCare Equipment Company has purchased the assets of Somerset Med Services.

The 25-year-old Somerset Med Services is a provider of home medical equipment and respiratory therapy services based in Somerset, Pa.

Invacare board members honored

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12/31/2019

ELYRIA, Ohio – Three members of Invacare’s board of directors have been named to WomenInc. Magazine’s list of 2019 Most Influential Corporate Directors.

In brief: OIG finds large recovery, F&P reports growth

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12/06/2019

WASHINGTON – Taxpayers could see nearly $5.9 billion that has been misspent on healthcare services returned to the government, according to The Office of Inspector General in its Semiannual Report to Congress published last week.

Invacare to close facility in Germany

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12/03/2019

ELYRIA, Ohio – Invacare will close its production and distribution facility in Porta Westfalica, Germany, at the end of 2020, a move that will affect about 240 associates, according to a Form 8-K that the company filed with the Securities and Exchange Commission on Nov.

In brief: Act fast on SMART Act, Medi-Cal drops drastic cut

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11/15/2019

WASHINGTON – Industry stakeholders are pushing providers to act fast on a bill delaying the inclusion of non-invasive ventilators in competitive bidding for five years.

Short takes: Invacare, Cardinal, ResMed

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11/15/2019

Invacare has entered into agreements to exchange $72.9 million in convertible senior notes due in 2021 for $72.9 million in senior notes due in 2024, plus approximately $6.9 million in cash.

Invacare targets convergence in 2020

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11/08/2019

ELYRIA, Ohio – Invacare’s not done cost cutting, but it’s now in a place where it can also focus on increasing revenues through new product launches, says Matt Monaghan.

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