Gemino Healthcare Finance

Gemino Healthcare Finance launched its Alliance Partnership Program with Invacare Corporation, the world's leading manufacturer and distributor in the market of home medical equipment. Gemino will make its resources available to Invacare partners around the country.

"Our Alliance Partnership Program will serve as an added benefit for partners like Invacare, who can then offer our finance services to their clients," said Mike Gervais, CEO of Gemino. "We want to have Alliance Partners in all sectors of healthcare – hospitals, skilled nursing facilities, home health, hospice and more.

Invacare chose to partner with Gemino because of its knowledge and focus on healthcare and ability to provide their client base with creative financing solutions that will provide growth capital and capital to implement the changes required in a volatile reimbursement environment.

"Traditional banking relationships typically loan money against assets with which they are comfortable," said Bill Corcoran, vice president of financial services at Invacare. "This often limits our customer’s access to capital and requires that they pledge personal assets and real estate to fund their company needs. Gemino Healthcare offers a complete understanding of a home care provider’s capital requirements."

Invacare manufactures and distributes an extensive line of health care products for the non-acute care environment, including the home health care, retail, and extended care markets.