Company Overview
Invacare Corporation is a leading manufacturer and distributor of medical devices used in non-acute care settings. The company designs, manufactures, and distributes medical devices that help people move, rest, and perform essential hygiene.
Business
Invacare provides clinically complex medical device solutions for congenital, acquired, and degenerative conditions. The company’s products are an important component of care for people facing medical challenges, from those who are active and going to work or school to those who are cared for in residential care settings, home, and in rehabilitation centers.
Restructuring
On January 31, 2023, the company filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code. The company continues to operate its business and manage its properties as debtors-in-possession under the jurisdiction of the Bankruptcy Court.
Market Trends
The company believes it is well-positioned to serve the growing market of non-acute durable medical equipment, driven by demographic trends and changes to the provision of healthcare.
Manual:
Download: 2022 ANNUAL REPORT ON FORM 10-K
Chat: Powered By VoiceSphere