Alere Inc., the Waltham-based maker of consumer-focused health technologies formerly known as Inverness Medical Innovations Inc., reported it took a $1 billion hit in the fourth quarter of 2010 related to its Health Management business segment.
In the documents filed with the U.S. Securities and Exchange Commission, Alere noted, however, that its Q4 revenue had climbed to $578.5 million from Q4 2009 numbers of $546.2 million. That was offset by the $1 billion loss that came as a result of a non-cash charge which company officials said was related to “impairment of goodwill in our Health Management segment.”