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:10/4/2017)... 4, 2017  South Korean-based healthcare product Development Company ... "cprCUBE" on Kickstarter. The device will educate the user ... with better efficiency compared to the dated and pricey ... on efficacy of the compression for a more informed ... goal to raise $5,000. ...
(Date:10/2/2017)... 2017 Diplomat Pharmacy, Inc. (NYSE: ... Consulting, LLC , and named its founder as Diplomat,s ... Tennessee , will operate under Diplomat ... service offerings for health care partners to include IT ... "In an interoperable world, technology delivers comprehensive ...
(Date:10/2/2017)... -- Halo Labs announces the European launch of their new low ... MIBio 2017 in Cambridge, U.K on October ... biopharmaceutical samples with unprecedented speed and sensitivity while using far less ... Imaging. ... analysis system ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... ... Software Development, has been awarded a contract by the Center for Medicare and ... aims to accelerate the enterprise use of Agile methodologies in a consistent and ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent and San ... using cutting-edge Oventus O2Vent technology. As many as 18 million Americans are ... cessation in breathing. Oral appliances can offer significant relief to about 75 percent ...
(Date:10/12/2017)... MD (PRWEB) , ... October 12, 2017 , ... The ... of Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual ... – 8. , In honor of Morris F. Collen, a pioneer in the field ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... HMP ... the recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare ... City on October 11, 2017. , The annual award competition recognizes editorial and design ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... first interactive health literacy software tool, and the Cancer Patient Education Network (CPEN), ... patient education, today announce a new strategic alliance. , As CPEN’s strategic ...
Breaking Medicine News(10 mins):