ORLANDO, Fla.–(BUSINESS WIRE)–At Medtrade® 2007, Invacare (NYSE:IVC) will be launching a series of products and programs that will help providers remain profitable in the new home medical equipment (HME) environment. Medtrade, the HME industry’s largest tradeshow, is in Orlando, Florida, October 2 – 4, 2007.
“In today’s HME environment, providers are constantly faced with major challenges: reimbursement cuts, rising operational costs, competitive bidding and acquiring quality product at the total lowest cost. Some of our customers feel that these challenges are making sound profitability impossible,” said A. Malachi Mixon, III, chairman and chief executive officer. “At the Invacare booth, providers will find that the ‘Impossible Stops Heresm.’ They will find the right products, the right programs and the right services for the new HME business model. These tools will help providers not only survive, but actually thrive under today’s seemingly impossible industry conditions.”
At Invacare booth #2201, the Company will launch a series of new products to help the provider meet the needs of patients while also meeting the needs of the provider’s bottomline:
The Invacare Respiratory Division will introduce the new Invacare® XPO2™ extremely portable oxygen concentrator. The XPO2 is the latest introduction to Invacare’s proven line of innovative home oxygen technologies. Weighing only six pounds, the XPO2 will offer excellent reliability, durability and clinical performance. Invacare is awaiting FDA clearance, and shipments will begin soon thereafter.
The Invacare Rehab Division will launch a new series of TDX® custom power wheelchairs. The three new models – the TDX® SR, TDX® SC and TDX® Spree – are based on the successful TDX® SP platform, representing commonality of parts and innovative features across the board. These custom power chairs offer a complete custom power rehab solution for providers from one source, thereby reducing the providers’ operating expenses.
The Invacare Standard Products Group will introduce a series of new products that are competitively priced, yet carry the Invacare name – the #1 brand in the industry.
Providers visiting Invacare’s booth will also find support tools and programs, including up-to-date information about lobbying activity in Washington D.C.; a special area dedicated to the Company’s strong industry partnership with the VGM Group – a win for the independent provider; and numerous support programs that the provider can choose from, including information about Invacare® Services and the new Invacare® Xpress.
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.
Contact:
Invacare
Lara L. Mahoney, 440-329-6393
Public Relations Manager