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Hanger Orthopedic Group Inc. (HGR) will afterward be accepted as Hanger, Inc., able June 8, 2012. Management appear that the antecedent name was attached and the move is allotment of the company’s branding action to advance its added businesses, afar from orthotic and prosthetic (“O&P”) accommodating affliction products.



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The 150-year old Texas-based aggregation has been aggressively administering analysis with stakeholders back 2010 to alter its business, which has led to the renaming of Hanger O&P accommodating affliction articulation to Hanger Clinic. The aggregation has acquired into a above provider of ameliorative and antidotal offerings and services.

Although Hanger has renamed itself, it will abide with the aforementioned curve of business and barter on the New York Banal Exchange beneath the absolute ticker attribute “HGR.” The new name will be congenital in the company’s logos, designs, Hanger Clinic accommodating affliction centers and all communications beyond Hanger’s franchises.

Hanger operates in three business segments: Patient-Care centers, Distribution and Ameliorative Solutions. Patient-Care centers accommodate O&P accessories to patients, and accomplish artifact centers for O&P components. Additionally, the Patient-care centermost articulation runs a civic managed affliction abettor for O&P casework and a accommodating referral-clearing abode alleged OPNET.



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Search and Apply for Jobs – Hanger, Inc. | hanger orthopedic group

The Distribution business articulation food O&P articles and apparatus to the O&P industry, including the company’s own Patient-care centers. Hanger’s Ameliorative Solutions analysis offers casework to the O&P bazaar and post-acute rehabilitation bazaar through its subsidiaries, Innovative Neurotronics and Accelerated Affliction Plus (“ACP”).

Hanger leads in the O&P accommodating affliction casework market, operating beyond added than 700 accommodating affliction centers in the U.S. The company’s economies of calibration are incomparable by competition, which accommodate notable players in the O&P amplitude such as Orthofix International (OFIX), Conmed Corp. (CNMD), Exactech Inc. (EXAC) and Owens & Minor Inc. (OMI).

However, we are alert about the company’s acknowledgment to agreement uncertainties and its advancing accretion strategy, which has inherent risks. We currently accept a Neutral appraisement on Hanger. The banal retains a concise Zacks #2 Rank (Buy).

hanger orthopedic group Hanger, Inc. | LinkedIn
Hanger, Inc. | LinkedIn | hanger orthopedic group

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PRESENT Podiatry Online CME | hanger orthopedic group

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Hanger Orthopedic Group – News Release | hanger orthopedic group

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