What makes a good doctor in the United States? Certainly one that graduates from a prestigious American medical school. And one that’s also pretty good at the sciences, like physics and chemistry. But two recent studies suggest we should think more broadly — both figuratively and literally. A study published last week in Academic Medicine, […]
Invacare Corp.‘s high-profile chairman and CEO A. Malachi Mixon III — known to most people simply as Mal — plans to return to his chairman’s seat by the end of July. The hard-living entrepreneur who threw in his life’s savings of $10,000 to lead the buyout of the home healthcare equipment and supply maker in […]
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Invacare Corp.‘s (NYSE: IVC) sales are growing again, especially in Asia. So the Elyria, Ohio maker of home healthcare equipment and supplies has raised its sights for earnings and free cash flow for the year, to the delight of shareholders. “Invacare delivered strong results in three key areas” during the second quarter, Gerald B. Blouch, […]
A. Malachi Mixon III, chairman and chief executive of Invacare Corp. (NYSE: IVC), has suffered a mild stroke and is taking a medical leave to recover, the company said early Friday. Gerald B. Blouch, president and chief operating officer for the Elyria, Ohio, company that makes home health care equipment and supplies, will take over […]
Cost reductions and a stronger U.S. dollar won the first quarter for Invacare Corp. (NYSE: IVC) But the maker of home healthcare equipment and supplies lowered its sites for sales growth this year to between zero and 1 percent. Its previous guidance had been between 1 percent and 3 percent. The move sent Invacare shares […]
Ohio’s medical device makers are still trying to figure out what the new 2.3 percent sales tax on their products–compliments of health care reform–will mean for them. The tax on sales by “manufacturers, producers or importers” (pdf) of medical devices comes due in 2013 instead of 2011, as was originally proposed, so companies have almost […]
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Passage of a reconciliation bill under consideration in the U.S. Senate would lessen the impact of a new medical device tax on Invacare Corp. in Elyria, Ohio, according to the Cleveland Plain Dealer. Initially dismissed as “absurd” by Invacare Chairman and CEO A. Malachi Mixon, the new tax to raise money to pay for insurance […]
Despite a weak economy, high unemployment and ongoing stories about the federal corruption probe of Cuyahoga County government, a poll shows voters overwhelmingly approve the renewal of an upcoming human services levy, which, in part, would fund MetroHealth Medical Center, WKYC-TV reported.
Whitebox Advisors LLC, the Minneapolis hedge fund family headed by Andrew Redleaf, has acquired 1.8 million shares, or 5.4 percent, of Invacare Corp., the maker of home health care equipment and products.
Home health care products maker Invacare Corp. is closing the books on a strong financial performance in 2009 "despite a challenging reimbursement and economic environment." The company is looking forward to a 2010 without a tax on medical device sales proposed under health care reform.
By reducing administrative burden and redesigning workflows around human needs, it creates space for what matters most: connection between clinicians and patients.
The Austen BioInnovation Institute in Akron has struck a strategic partnership with Cleveland orthopedic device testing and design firm Orthopaedic Research Laboratories to discover, develop and commercialize novel technologies and solutions that advance orthopedic care.
BioOhio and LifeScience Alley, the state biotechnology development organizations in Ohio and Minnesota, have joined 20 other industry associations asking legislators to limit the medical device taxes or fees proposed in both the House and Senate versions of health care reform.
Issues surrounding government reimbursement and federal tax policy topped the agenda among Ohio health companies and hospitals’ major concerns last year, interviews and publicly filed lobbying reports revealed. The Cleveland Clinic, Elyria-based Invacare Corp. and Dublin-based Cardinal Health Inc. led the way in spending amongst Ohio health care organizations and companies, all spending in excess of $1 million in their federal lobbying efforts last year.
The U.S. Department of Justice has sued Johnson & Johnson, accusing it of paying Omnicare Inc. in Covington, Ky., millions of dollars in kickbacks to buy and recommend J&J's drugs for patients in nursing homes.
Employees of home health care equipment maker Invacare Corp. are using YouTube videos to woo President Obama to visit their company during his White House to Main Street Tour through Lorain County on Jan. 22.