A Cleveland-area health IT startup that aims to connect seniors with home healthcare providers has received a $100,000 loan from Cuyahoga County. BestHomeHealthCare.com received a deferred, 5 percent interest loan through the county’s North Coast Opportunities Technology Fund. The company’s mission is to connect families in need of home healthcare to a wide range of […]
Healthsense makes innovative medical devices focused on wireless monitoring of senior citizens and helping their caregivers. The company markets an "eNeighbor" system that uses wireless technology to monitor senior citizens in real time. Home healthcare and the aging Baby Boomer population are two high-growth areas in healthcare.
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Arcadia Resources Inc. (AMEX: KAD) will sell up to $5 million in common shares in a registered direct offering to raise money for general corporate purposes, including expanding its pharmacy business.
Invacare Corp. (NYSE:IVC) is offering to buy back $146 million-worth of senior notes that come due in 2015 in a continuing effort to reduce its load of high-cost debt. Invacare is offering to pay $1,045 per $1,000 note until Nov. 1. Sellers who tender their shares by Oct. 15 will get an additional $30 "consent payment," or $1,075 per $1,000 note.
BestHomeHealthCare.com's mission is to connect families in need of home healthcare to a wide range of providers -- nurses, housekeepers, hospice companies and home remodelers who specialize in making homes senior-friendly.
Thanks to a recent focus on debt reduction, home health equipment maker Invacare Corp. had its corporate credit rating boosted by Standard & Poor's.
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.
The International Trade Commission is looking into claims by home healthcare product maker Invacare Corp. (NYSE: IVC) that a New York distributor and its Chinese manufacturer are infringing on the Ohio company's patented universal bed technology.
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 […]
The Food & Drug Administration launched a new initiative aimed at improving the safety of complex medical devices used by patients and caregivers in the home. The federal watchdogs want to reduce the number of adverse events involving hemodialysis equipment, wound care, intravenous therapy devices and ventilators that patients and their caregivers are increasingly using […]
People who don't follow the health industry closely frequently wonder why more doctors don't use electronic medical records systems. After all, information technology has helped most industries increase efficiency, wouldn't it do the same for health care if doctors would just do the same?
Break down the silos. Take control of your provider data.
A. Malachi Mixon III, chairman and chief executive of Invacare Corp., shook his head in disbelief when he heard that the head of the Senate Finance Committee wanted to tax medical device sales to raise $4 billion a year to pay for health care reform. Now that the absurdity is on the verge of becoming a reality, Mixon is speaking out.
Former U.S. Senator Charles Robb's international experience could benefit Invacare as the home health equipment provider enters new overseas markets.
The consumer health services provider has appointed former Indianapolis mayor Stephen Goldsmith to sit on its board of directors.
Invacare Inc. saw earnings-per-share rise 27 percent in the third quarter because of ongoing cost-cutting, and growing financial and operating efficiencies -- in spite of a sales drop of 6 percent. The maker of home health care equipment like power wheelchairs and oxygen systems reported net earnings of $13.5 million, or 42 cents a diluted share, in the third quarter.
Cleveland Clinic's emerging business department will turn its attention to proliferating Clinic "culture" and distance-health initiatives, its new leader said. That include an eICU service in which Clinic physicians provide additional guidance to intensive care units at other hospitals. Also planned is a telemedicine effort around home health care.