ELYRIA, Ohio — A. Malachi Mixon III shook his head when he first heard about a proposed $4 billion tax on medical device makers as part of the Senate Finance Committee’s healthcare reform bill last year.
ELYRIA, Ohio — Perhaps sensing opportunity in crisis — or at least crisis for some of its employees — home-health products company Invacare Corp. (NYSE:IVC) warned that the looming specter of a federal medical device tax has prompted it to suspend matching 401(k) contributions, stop merit-pay increases for management and freeze hiring.