Navigation Links
Hanger, Inc. Announces 2012 Year To Date Acquisitions Totaling $35.6 Million Of Annual Net Revenue
Date:10/29/2012

AUSTIN, Texas, Oct. 29, 2012 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) completed the acquisition of the sixteen patient care companies comprised of clinics in fifteen states with annualized revenue of $35.6 million in 2012 year to date. The acquisitions were: OrPro, Inc.; Orthotic & Prosthetic Technologies, Inc.; Innovative Prosthetic Care, Inc.; MS Artificial Limb & Brace, LLC; Innovative Prosthetic Care Tupelo, LLC; Orthopedic Associates of Grand Rapids, P.C.; Genesis Medical Group, LLC; Gadsden Limb & Brace, Inc.; Coosa Valley Limb & Brace, LLC; Northeast Alabama Prosthetics & Orthotics, LLC; AKBK, Inc. dba Crockett Prosthetics and Orthotics; Missoula Orthotics & Prosthetics Laboratories, Inc.; Karsten Prosthetic Laboratories, Inc.; Alpine Prosthetics & Orthotics, LLC; Parr Prosthetics & Orthotics, LLC  and Nordlie Enterprises Inc. dba Premier Medical.

President and CEO Vinit K. Asar stated, "We are pleased to welcome these great companies and their over 150 dedicated clinicians and staff to the Hanger team. We have exceeded our goal to acquire sales of approximately $20 million in 2012. In fact, 2012 is our best year in over 10 years in terms of the number of O&P acquisitions and sales acquired. Our pipeline of transactions remains healthy and it is still possible for one or more additional acquisitions to close before year end."

About Hanger – Hanger, Inc., headquartered in Austin, Texas, is the world's premier provider of services and products that enhance human physical capability.  Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger is steeped in 150 years of clinical excellence and innovation.  Hanger provides orthotic and prosthetic patient care services, distributes O&P devices and components, and provides therapeutic solutions to the broader post-acute market.  Hanger is the largest owner and operator of orthotic and prosthetic patient care centers with in excess of 730 O&P patient care clinics located in 45 states and the District of Columbia.  Hanger, through its subsidiary Southern Prosthetic Supply, Inc., is also the largest distributor of branded and private label O&P devices and components in the United States.  Hanger provides therapeutic solutions through its subsidiaries Innovative Neurotronics and Accelerated Care Plus.  Innovative Neurotronics introduces emerging neuromuscular technologies developed through independent research in a collaborative effort with industry suppliers worldwide.  Accelerated Care Plus is a developer of specialized rehabilitation technologies and the nation's leading provider of evidence-based clinical programs for post-acute rehabilitation serving more than 4,000 long-term care facilities and other sub-acute rehabilitation providers throughout the U.S.  For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews.


'/>"/>
SOURCE Hanger, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Hanger, Inc. Reports Earnings of $0.50 Per Diluted Share for the Second Quarter 2012
2. Hanger, Inc. Announces Second Quarter 2012 Earnings Release Conference Call
3. Hanger Orthopedic Group, Inc. announces name change to Hanger, Inc.
4. The Informex Global Pharma Sourcing Event Announces New Sponsor & Speakers
5. Proteonomix, Inc. Announces Finalizing ECRF for Its Clinical Trial of UMK 121 in Patients with End Stage Liver Disease
6. BioMed Realty Announces 80,500 Square Foot Lease Expansion For Regeneron Pharmaceuticals
7. Omnicell Announces Record Revenue and Profit in Third Quarter 2012
8. ResMed Inc. Announces Record Financial Results for the Quarter Ended September 30, 2012
9. Pro-Dex, Inc. Announces Fiscal 2013 First Quarter Results
10. IRIDEX Announces Third Quarter 2012 Conference Call and Release Date
11. PDI, Inc. Announces New Multi-Year Win Valued At up to $150 Million and Provides Outlook for 2012
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
(Date:6/23/2016)... 23, 2016 Any dentist who has made an ... current process. Many of them do not even offer this ... and high laboratory costs involved. And those who ARE able ... such a high cost that the majority of today,s patients ... Parsa Zadeh , founder of Dental Evolutions Inc. and ...
(Date:6/23/2016)... , June 23, 2016 Research and ... Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data derived ... Assessment of major trends with potential impact on the market ... of market segmentation which comprises of sub markets, regional and ...
Breaking Medicine Technology:
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... ... 24, 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. ... the benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has ... , Sickle Cell Disease (SCD) is a disorder of the red blood cells, which ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... for accelerated orthodontic treatment. Dr. Cheng has extensive experience with all areas of ... AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct to ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... at the Clinical Decision Making in Emergency Medicine conference in Ponte Vedra Beach, ... journal articles published in Emergency Medicine Practice and Pediatric Emergency Medicine ...
(Date:6/24/2016)... ... ... National recruitment firm Slone Partners is pleased to announce the ... as Vice President of North American Capital Sales at HTG Molecular . ... team in the commercialization of the HTG EdgeSeq system and associated reagents in North ...
Breaking Medicine News(10 mins):