Revenue from home healthcare devices and services could more than double by 2018, market research firm IHS Technology says, as those products and services become richer in features. Traditional home health devices like walkers, wheelchairs and other durable medical products are being joined in the market by sensor-enabled monitors, medication adherence apps and telemedicine platforms. […]
The elderly and infirm have long been targets for fraudsters and other criminals, and the fear of being taken advantage of might make some of these people reluctant to use home healthcare services. HID Global, Austin, Texas-based maker of security badges and identity control systems, is trying to provide some peace of mind for homebound […]
The home care industry is booming. As Baby Boomers age and more families seek in-home solutions for loved ones, demand for home care services is at an all-time high.
A colleague's comment some 15 years ago sparked Dr. Tim Garson's grand idea for a way to expand access to affordable healthcare while lowering costs to the system. “He came up to me and said, you know, 50 percent of my patients could be taken care of by a good grandmother,” recalled Garson, now the director of the Center for Health Policy at University of Virginia.
The U. S. Department of Labor issued new rules Tuesday that mandate home health care agencies pay their workers the minimum wage and receive overtime pay starting in 2015. "Almost 2 million home care workers are doing critical work, providing services...
Two years ago, Dorothy Holmes, then 75, was in the cozy pink bathroom of her mobile home getting ready to shower when she fell. It's the type of accident that's pervasive among older Americans - and it's often the very thing that triggers the end of in...
As the aging population creates more demand for long-term care and home health services, bringing down costs is a top priority. But another concern that should be top of mind, according to health IT company SafeCare LLC, is the safety of patients living in nursing homes or receiving home health care. The Cleveland-based startup works […]
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Regulatory and compliance issues have diverted resources at home health products supplier Invacare (NYSE:IVC) away from “critical priorities” in the company’s business and have resulted in delays of new product introductions and slowed progress on a key globalization initiative. Those issues stem from negotiations with the U.S. Food and Drug Administration over a possible shutdown […]
The thought that 79 million baby boomers are crossing or preparing to cross the threshold into senior citizenship poses quite a challenge in the world of healthcare. But it also creates a market that’s eager for innovation and projected to be worth $447 billion in 2014. Startup company N2Care LLC is getting ready to launch […]
Home health products supplier Invacare (NYSE:IVC) is still enmeshed in negotiations with the U.S. Food and Drug Administration over a possible shutdown of some wheelchair production at an Elyria, Ohio plant. In December, Invacare announced that the FDA had asked it to enter into a legal agreement that would require the company to suspend “certain” […]
Invacare (NYSE:IVC) plans to move production of a line of manual wheelchairs to Mexico from Ohio, as the home health products company is in the midst of negotiating a legal settlement with the FDA over issues with wheelchair production in the Elyria, Ohio, plant. The Cleveland-area company will shift production of its Solara line of […]
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Looking at a possible shutdown of a wheelchair manufacturing facility, home health products maker Invacare (NYSE:IVC) has hired a new compliance and regulatory executive. Doug Uelmen has joined the Elyria, Ohio-based Invacare as senior vice president of quality assurance and regulatory affairs. He boasts more than 30 years experience in quality and regulatory roles, with […]
The Mayo Clinic Center for Innovation’s new lab devoted to researching healthcare technology and services that will help seniors remain at home, healthy and independent now has its second founding consortium member. The Evangelical Lutheran Good Samaritan Society — the nation’s largest not-for-profit provider of senior care and services — has signed on to support […]
The U.S. Food and Drug Administration has asked home health products maker Invacare (NYSE:IVC) to enter into a legal agreement that would require the company to suspend “certain” wheelchair manufacturing operations. Under the terms of the FDA’s proposal, Invacare would be required to suspend those operations at its Elyria, Ohio factory until the agency determines […]
Home health products manufacturer Invacare (NYSE:IVC) has acquired a negative-pressure wound therapy system to be sold through its rental business for long-term care providers. But the Elyria, Ohio-based company wouldn’t reveal much more than that, such as the deal’s price or the company it acquired the technology from. Invacare revealed the acquisition in its (pdf) […]
As Invacare (NYSE:IVC) grapples with what it calls “slowness” in its markets, the medical equipment supplier illustrated with a recent acquisition one market in which it sees potential: rentals to long-term care providers like nursing homes and assisted-living facilities. The Elyria, Ohio-based company (pdf) announced last week when releasing its third-quarter earnings that it had […]