Invacare 2011 Annual Report Download - page 5

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the right cost. Invacare believes that homecare is the trifecta of healthcare: patient preferred, better clinical
outcomes due to lower infection rates1and more cost-effective than institutionalized care2.
According to Floyd D. Loop, MD, the former Chief Executive Officer and Chairman, Board of Governors of
the Cleveland Clinic from 1989-2004, “Science and medicine bring new and thoughtful applications that allow
patients to remain at home for testing, monitoring and treatment. These advances continue to reduce unnecessary
hospitalizations. Home healthcare is the next great medical frontier.” Invacare is well positioned in the home and
long-term care markets to be a key part of the solution in healthcare reform.
Updates on the Board of Directors
In May 2011, Baiju R. Shah, president and chief executive officer of BioEnterprise Inc., joined the
Company’s Board of Directors. Mr. Shah is a leading entrepreneur in Northeast Ohio. BioEnterprise, the
partnership that he helped form with several of Northeast Ohio’s premier healthcare organizations, has drawn
significant attention and interest from regions around the United States looking to grow their bioscience clusters.
His entrepreneurial and healthcare business insights will provide a unique perspective to the Board.
In February of this year, The Honorable Ellen O’Kane Tauscher joined the Company’s Board of Directors.
Ms. Tauscher brings a unique blend of experience to the Invacare Board of Directors, as her distinguished career
includes experience in international and governmental affairs, as well as the financial industry. She recently
retired as the United States Under Secretary of State for Arms Control and International Security. Her
government service, including twelve years as a Congresswoman for the State of California, coupled with her
experience in the financial industry, makes her a valuable addition to the Board.
With its strength of leadership and commitment to future success through the initiatives mentioned above, as
well as a continued commitment to launch innovative new products and services, Invacare is well-positioned for
long-term success. As always, the Company thanks its customers, shareholders and associates for their ongoing
support.
Sincerely,
Gerald B. Blouch A. Malachi Mixon, III
President and Chief Executive Officer Chairman of the Board of Directors
1Leff B, Burton L, Mader SL, et al. Hospital at home: feasibility and outcomes of a program to provide hospital
level-care at home for acutely ill older patients, Ann Intern Med 2005; 143: 789-808
2Doty, Pamela. “Cost-Effectiveness of Home and Community-Based Long-Term Care Services.” USHHS/
ASPE Office of Disability, Aging and Long-Term Care Policy. June 2000: 10.