Last $22.16 USD
Change Today -0.32 / -1.42%
Volume 159.7K
As of 8:04 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

hanger inc (HGR) Snapshot

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01/21/14 - $40.71
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08/19/14 - $20.42
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hanger inc (HGR) Details

Hanger, Inc. provides orthotic and prosthetic (O&P) patient care services, distributes O&P devices and components, manages O&P networks, and offers therapeutic solutions in the United States. It operates in two segments, Patient Care, and Products & Services. The Patient Care segment owns and operates O&P patient care clinics; and manages an O&P provider network that coordinates various aspects of O&P patient care for insurance companies. It also designs, fabricates, fits, and maintains a range of custom-made braces and other devices, including spinal, knee, and sports-medicine braces that provide external support to patients suffering from musculoskeletal disorders, such as ailments of the back, extremities or joints, and injuries from sports or other activities. In addition, this segment provides custom-made artificial limbs for patients, who are without limbs as a result of traumatic injuries, vascular diseases, diabetes, and cancer or congenital disorders. The Products & Services segment distributes O&P components to independent customers and its patient care clinics; fabricates and distributes therapeutic footwear for diabetic patients in the podiatric market; and provides specialized rehabilitation technologies and integrated clinical programs for post-acute rehabilitation to long-term care facilities and other sub-acute rehabilitation providers. It also offers V-Hold, a vacuum technology used in lower extremity prosthetic devices; and WalkAide system, which benefits patients with foot drop condition due to spinal cord injuries. As of December 31, 2013, the company provided O&P patient care services through approximately 740 patient care clinics and 1,300 clinicians in 45 states and the District of Columbia. The company was formerly known as Hanger Orthopedic Group, Inc. and changed its name to Hanger, Inc. in June 2012. Hanger, Inc. was founded in 1861 and is headquartered in Austin, Texas.

4,800 Employees
Last Reported Date: 04/4/14
Founded in 1861

hanger inc (HGR) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $620.4K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $338.8K
President of Southern Prosthetic Supply Inc a...
Total Annual Compensation: $307.6K
Executive Vice President
Total Annual Compensation: $432.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $289.9K
Compensation as of Fiscal Year 2013.

hanger inc (HGR) Key Developments

Hanger, Inc. Announces Executive Changes

Hanger, Inc. announced that Thomas Kiraly, former Executive Vice President, Chief Financial Officer, and Treasurer of Sheridan Healthcare, will join Hanger as Executive Vice President on Oct. 1 and will become Chief Financial Officer during the fourth quarter 2014. Mr. Kiraly will work closely with incumbent CFO George McHenry until Mr. Kiraly assumes the role of CFO later this year. As previously announced, Mr. McHenry will retire on Dec. 31, 2014. Mr. Kiraly brings nearly three decades of experience leading financial operations. Prior to Hanger, Mr. Kiraly served as the EVP, CFO, and Treasurer of Sheridan Healthcare, Inc.

Hanger, Inc. Appoints Melissa Debes as Vice President and Chief Accounting Officer, Effective September 8, 2014

Hanger, Inc. announced it has appointed Melissa Debes as Vice President and Chief Accounting Officer, effective September 8, 2014. Ms. Debes has served as Corporate Controller at Hanger since March 11, 2014. With more than 30 years' experience in financial management, driving profitability, cost reduction, and improving financial performance, Ms. Debes's extensive background includes GAAP technical roles with public companies as well as finance positions that involved forecasting, analysis, and strategic planning. Prior to joining Hanger, Ms. Debes served most recently as Interim Chief Accounting Officer at Valerus Oil & Gas Services and as Chief Accounting Officer at ENER1.

Hanger Announces Appointment of Asif Ahmad to Board of Directors

Hanger, Inc. announced that its Board of Directors elected Asif Ahmad to the Hanger Board as a director on August 13, 2014. Mr. Ahmad is Chief Executive Officer and a director of Anthelio Healthcare Solutions, Inc., one of the large independent providers of healthcare information technology and business process services. Mr. Ahmad qualifies as an independent director under applicable New York Stock Exchange listing standards. Prior to Anthelio Healthcare Solutions, Mr. Ahmad served as a Senior Vice President and General Manager of Information and Technology Services at McKesson Specialty Health, a healthcare services and information technology company that partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and other healthcare companies. Before joining McKesson, he was the Vice President of Diagnostic Services for the Duke University Health System and Medical Center and held various faculty appointments at Duke. Mr. Ahmad also served for nearly a decade in various leadership positions with the Ohio State University Health System and Medical Center and was the Administrator and Chief Information Officer, Chief Technology Officer and the Chair of the Clinical Technology Council at the time of his departure.


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Price/Earnings 13.6x
Price/Sales 0.8x
Price/Book 1.3x
Price/Cash Flow 8.1x
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