April 2, 2008

Invacare Offers Bonafide Solution to Help HMEs Reduce Operating Costs

ELYRIA, Ohio–(BUSINESS WIRE)–Invacare has reached an agreement with Bonafide Management Systems, Inc., a leading provider of business management software for the home medical equipment (HME) industry, to market and sell the Bonafide software system.

Through the partnership, Invacare will leverage its sales and marketing resources to help customers enhance their profitability and competitive edge using the Bonafide system. “Our goal is to offer solutions that help the HME provider reduce operating costs. The challenges associated with competitive bidding and reimbursement pressures make it critical for providers to drive down costs within their operation. Leveraging the most advanced business management tools is key,” said David Kazan, Vice President of Sales and Marketing – Service Business Group.

Bonafide not only bills and files claims electronically with Medicare and other payors, but also offers state-of-the-art inventory control and customer management, all in a seamless, paperless, fully-integrated package. The 100-percent web-based system provides full data security without any need for additional hardware, software or upgrades. Privacy is strictly enforced so that data is visible only to the HME provider who owns it.

“This system is designed to make it easy for HMEs to see which products, referral sources and sales people are driving profitability,” said Wayne Bailey, Bonafide Director of Marketing and Sales. “This makes it easier for providers to accurately price for competitive bidding. Furthermore, it’s designed to work with a wide range of suppliers so that HMEs can order from any manufacturer they like.”

Invacare (NYSE: IVC), headquartered in Elyria, Ohio, is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The company has 5,700 associates and markets its products in 80 countries around the world. For more information about the company and its products, visit Invacare’s website at www.invacare.com.

Bonafide Management Systems, Inc., a privately held corporation headquartered in Thousand Oaks, Calif., is a 27-year-old software company providing an internet-based solution for providers in the DME industry nationwide. For more information about the company, visit Bonafide’s website at www.bonafide.com.