Global InformationHoveround information
 | This article needs additional citations for verification. (June 2013) |
 Hoveround Corporate Offices | |
| Company type | Private |
|---|---|
| Industry | Power wheelchair manufacturer in the durable medical equipment and home medical equipment industry |
| Founded | April 1992 |
| Founder | Thomas E Kruse |
| Headquarters | Sarasota, Florida , U.S.A. |
| Products | Power Chairs, Mobility Scooters, Patient Lifts, Personal Vehicle Ramps, Mobility Accessories |
| Revenue | $100 million (2005) |
| Website | hoveround |
Hoveround is an American corporation that manufactures and distributes the Hoveround brand of power wheelchairs (also known as motorized wheelchairs) and sells scooters, lifts, ramps and power chair accessories.
The company, founded in 1992 by former nurse and inventor Tom Kruse, is based in Sarasota, Florida. Its battery-operated products are primarily designed to assist mobility challenged individuals in getting around inside their homes and to facilitate mobility-related activities of daily living (MRADLs).
Hoveround sells directly to consumers and relies primarily on television, mail and their website for sales efforts.
In 2012, the company celebrated its 20th anniversary and had more than 500 employees.
In early 2014, Hoveround laid off 20 or more workers at its Sarasota County headquarters offices. The worker reduction brought the total number of employees in the region within a range of only 290 to 295.[1] According to spokespeople, competitive bidding at Medicare and the need for the company to trim payroll prompted the lay offs of staffers from throughout the organization.
In late 2015, the Office of the Inspector General called for Hoveround to return $27 million to the government for power mobility devices that it said did not meet Medicare reimbursement requirements.[2]
- ^ POLLICK, MICHAEL. "Sarasota's Hoveround lays off 20 but expects to rebound". Heraldtribune.com. Retrieved 28 June 2018.
- ^ "In brief: OIG targets Hoveround, CMS to revise fee schedule". Hmenews.com. Retrieved 28 June 2018.