Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

   Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): January 22, 2004

                              INVACARE CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

                 (State or Other Jurisdiction of Incorporation)

            0-12938                                  95-2680965
      -------------------                       -------------------
     (Commission File No.)                (IRS Employer Identification No.)

               One Invacare Way, P.O. Box 4028, Elyria, Ohio 44036
                    (Address of Principal Executive Offices)

                                 (440) 329-6000
              (Registrant's Telephone Number, Including Area Code)


Item 12.  Results of Operation and Financial Condition.

          On January  22,  2004,  Invacare  Corporation  issued a press  release
          announcing  results for the quarter and year ended  December 31, 2003.
          The press release is furnished herewith as Exhibit 99.1.

          The attached press release  contains a non-GAAP  measure.  The company
          has  provided a  reconciliation  of the  non-GAAP  measure to the most
          directly comparable GAAP measure in the press release.


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        Invacare Corporation

                                        By: /s/ Gregory C. Thompson
                                        Gregory C. Thompson
                                        Senior Vice President and
                                        Chief Financial Officer

Date:  January  22,  2004