A. Malachi Mixon III – known to most as Mal — is one of the Cleveland healthcare industry’s entrepreneurial successes. But that’s just one of the reasons why he is MedCity Media’s first recipient of “The Cities” Medical Mayor award, which recognizes his insight, vision and contributions to healthcare. “The Cities” awards honor the best, [...]

Home health products maker Invacare (NYSE: IVC) reported that a controversial new Medicare competitive bidding program for durable medical equipment has had “no significant impact” on its business.The Elyria, Ohio-based company said it expects the program to be “neutral” to its 2011 earnings, according to a statement announcing its second-quarter financial performance.The first round of [...]

Home health equipment manufacturer Invacare (NYSE: IVC) has added the president and CEO of Cleveland nonprofit BioEnterprise to its board.Baiju Shah will join Elyria, Ohio-based Invacare’s board of directors, according to a company statement.BioEnterprise was started in 2002 to help Northeast Ohio biomedical companies grow their businesses. Prior to BioEnterprise, Shah worked with consulting firm [...]

Home health products maker Invacare (NYSE: IVC) raised some prices earlier this year and may increase more to offset rising freight and commodity costs.CEO Gerry Blouch said the rising costs didn’t affect the company’s first quarter financial results much, but that could change during the rest of the year. Invacare reported adjusted first-quarter net earnings [...]

Home health equipment maker Invacare (NYSE:IVC) has hired a chief compliance officer who previously held the role with Endo Pharmaceuticals (NASDAQ:ENDP).Colleen Craven’s role will be to ensure that Invacare is compliant with “relevant laws and regulations regarding the design, manufacture and distribution of medical devices,” according to a [...]

Home health products maker Invacare Corp.’s (NYSE:IVC) fourth-quarter adjusted earnings beat Wall Street analysts’ expectations, thanks to organic sales growth and reduced interest expenses.

Cardinal Health (NYSE: CAH), Ohio’s largest company by revenues, led the state’s health organizations in federal lobbying spending last year at nearly $1.3 million. Cardinal, a pharmaceuticals distributor and medical products supplier, upped its federal lobbying spending by 39 percent over the prior year, publicly filed lobbying reports revealed.

For most medical device companies, the occasional warning letter from the U.S. Food and Drug Administration is just a minor annoyance, another part of doing business. But a recent FDA warning letter to home health products manufacturer Invacare Corp. (NYSE:IVC) that contained unsubstantiated reports of fires, entrapments and deaths caused by the company’s adjustable electric beds holds the potential to be much more harmful to the company than the typical warning letter. The key word there is “potential.”

Invacare Corp. (NYSE:IVC) has been slapped with a warning letter by federal regulators for failing to adequately investigate reports of fires and sparks caused by electric beds that in some cases allegedly resulted in patient deaths.

Mal Mixon led Invacare for three decades and powered wheelchair sales as well as the company’s identity. Read about five key moments in Mixon’s leadership at Invacare, including his initial $10,000 investment and his innovations in motorized wheelchairs.