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Welcome to the Newsroom of Hanger, Inc. To schedule interviews, obtain DV Cam or HD b-roll, or access high resolution photographs and logos, please contact Krisita Burket at 904-249-0314, kburket@hanger.com.
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12/31/13Thank you for another great year!
Austin, Texas, December 31, 2013 – As the end of the year nears, we at Hanger would like to take time to say thank you to our patients, customers, employees, partners, and every one of you who invite us to be a part of your lives. We are fortunate to be inspired by your hard work and determination every day. We wish you and your family a happy and safe 2014! About Hanger, Inc. – Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. (NYSE: HGR) del... 
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11/21/13Hanger Announces Appointment of Christopher B. Begley to Board of Directors
AUSTIN, Texas, Nov. 21, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) today announced that its Board of Directors has elected Christopher B. Begley, retired Executive Chairman of the Board of Directors and former Chief Executive Officer of Hospira, to join the Hanger Board as a director effective immediately.  Mr. Begley qualifies as an independent director under applicable New York Stock Exchange listing standards.  "As former CEO of a global hospital products company with over 40 years' ex... 
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11/14/13Hanger launches interactive tool to help O&P providers with RAC audits
AUSTIN, Texas, November 14, 2013 – Hanger, Inc. today announced it has developed an interactive online resource designed to help orthotic and prosthetic (O&P) providers navigate the Recovery Audit Contractor (RAC) audit process.  The Hanger RAC Navigation Tool is available free-of-charge to all at www.Hanger.com/RAC. “The administrative burden of the RAC audits continues to strain the O&P industry, often shifting valuable time and resources away from what’s most important – patien... 
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11/08/13The Doctors national TV show features Hanger Clinic Upper Extremity expert
Los Angeles, Calif., November 8, 2013 – The Doctors national TV show recently featured Hanger Clinic Upper Extremity expert Steve Mandacina, who alongside Dr. Travis Stork, surprised a Nashville man. The Tennessee resident, Charlie Wilkes, lost his arm in a tragic auto accident over the summer. Mandacina agreed to donate his clinical expertise to custom-design and fit Wilkes with a prosthetic arm to help him return to activities he enjoyed prior to the accident, such as fishing with his grandchi... 
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10/29/13Hanger Reports Third Quarter 2013 Results
AUSTIN, Texas, Oct. 29, 2013 /PRNewswire/ -- Adjusted diluted EPS of $0.62, a 24% increase Diluted EPS of $0.61 Net sales increase of 11.8% Hanger, Inc. (NYSE:HGR) today announced net sales of $271.1 million for the quarter ended September 30, 2013, an increase of $28.6 million, or 11.8%, from net sales of $242.5 million for the third quarter of 2012.  Adjusted diluted earnings per share, which excludes certain tax benefits, costs related to acquisitions and costs related to imple... 
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10/09/13Hanger Announces Third Quarter 2013 Earnings Release And Conference Call
AUSTIN, Texas, Oct. 9, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced today that it plans to report its results of operations for the quarter ended September 30, 2013, on Tuesday, October 29, 2013. The Company plans to issue a press release announcing the results for the quarter ended September 30, 2013 on Tuesday, October 29, 2013 after the close of the market. A conference call to discuss these results is scheduled to begin at 9:00 a.m., ET, on Wednesday, October 30, 2013. Those wi... 
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08/19/13Hanger Announces 2013 Year-To-Date Acquisitions Totaling $10 Million Of Annualized Net Revenue
AUSTIN, Texas, Aug. 19, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) today announced that in 2013 year-to-date it has completed the acquisition of four patient care companies comprised of nine clinics in six states with annualized revenue of approximately $10 million. The acquisitions are East Coast Orthotics, Inc.; Nascott, Inc.; Keller's Limb & Brace, Inc. dba Snell's of Jackson; and Development & Research, Inc., dba San Juan P&O. "We are pleased to welcome these great compani... 
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07/31/13Hanger Reports Second Quarter 2013 Results
AUSTIN, Texas, July 31, 2013 /PRNewswire/ -- Reports adjusted diluted EPS of $0.52 Reports $0.40 diluted EPS Achieves same center sales growth of 3.9% Raises annual adjusted EPS guidance to range of $2.07-$2.13 to reflect the combined impact of debt refinancing and increased costs Hanger, Inc. (NYSE: HGR) announced net sales of $273.7 million for the quarter ended June 30, 2013, an increase of $22.0 million, or 8.7%, from $251.7 million for the second quarter of 2012.   Diluted e... 
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07/03/13Hanger, Inc. Announces Second Quarter 2013 Earnings Release And Conference Call
AUSTIN, Texas, July 3, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced today that it plans to report its results of operations for the quarter ended June 30, 2013, on Wednesday, July 31, 2013. The Company plans to issue a press release announcing the results for the quarter ended June 30, 2013 on Wednesday, July 31, 2013 after the close of the market. A conference call to discuss these results is scheduled to begin at 9:00 a.m., EST, on Thursday, August 1, 2013. Those wishing to parti... 
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06/24/13Hanger Clinic patient participates in ABC's "Extreme Makeover: Weight Loss Edition"
Los Angeles, Calif., June 24, 2013 – On Tuesday, June 25, ABC’s “Extreme Makeover: Weight Loss Edition” will feature 23-year-old Appleton, Wisconsin resident Ryan Sawlsville.  After losing his arm in a car accident in 2009, Sawlsville struggled to find a good fit with his prosthesis. As a participant on ABC’s “Extreme Makeover: Weight Loss Edition”, Sawlsville was presented with the opportunity to receive a new prosthetic arm through Hanger Clinic’s National Upper Extremity Team.   ... 
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06/20/13Hanger Clinic fits first civilian amputee with waterproof X3 microprocessor-controlled prosthetic legs
Austin, TX, June 22, 2013 – Hanger Clinic recently became the first company to introduce the revolutionary Ottobock X3 microprocessor-controlled prosthetic knee to the civilian patient population. 27-year-old bilateral above-knee amputee Cameron Clapp was fit with two X3s on June 7 by a team of Hanger Clinic prosthetists in Oklahoma City.   See Clapp demonstrating the X3s at a waterpark: http://www.youtube.com/watch?v=IA_QrkPi3BU   The result of a collaboration between the US mil... 
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06/17/13Hanger Enters New 5-Year Credit Agreement to Refinance Senior Secured Credit Facilities
Expects annualized accretive impact from the refinancing of $0.12 to $0.13 per diluted share, excluding charges AUSTIN, Texas, June 17, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) today announced the signing of a new 5-year credit agreement that increases its senior secured facilities to an aggregate of up to $425 million from $400 million previously.  The new credit agreement includes a $200 million revolving credit facility and a $225 million term loan facility.  The previous credit agree... 
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05/20/13Hanger Clinic patient among first in world to receive bionic hand controlled by smart device application
South Easton, Mass., May 20, 2013 – Recently, 48-year-old Scituate resident Mike Benning became one of the first people in the world to receive the i-limb ultra revolution, the newest bionic hand available. Last week Boston-area journalists attended Benning’s clinical follow-up appointment with his local Hanger clinician Brian Heckathorn, CPO and Hanger Upper Extremity Specialist Matt Mikosz, CP, LP. Following are some of the resulting news stories: WFXT-TV (FOX): Scituate man has new grip... 
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05/09/13Hanger elects Thomas P. Cooper, M.D. Chairman of the Board
AUSTIN, Texas, May 9, 2013 /PRNewswire/ -- The Board of Directors of Hanger, Inc. elected Thomas P. Cooper, M.D. to the position of non-executive Chairman of the Board of Directors at the board meeting immediately following Hanger's Annual Meeting of Shareholders today in Austin, TX.  A member of the board since 1991, Dr. Cooper served as the lead independent director prior to this election. "As Hanger's longest serving director, Tom has made significant contributions to our company and has p... 
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05/08/13Hanger Clinic Sponsors Orthotic and Prosthetic Activities Foundation
Austin, Texas, May 8, 2013 – The Orthotic & Prosthetic Activities Foundation (OPAF) recently announced that Hanger Clinic has signed on as a 2013 Bronze level sponsor. This sponsorship continues a long tradition of Hanger Clinic’s support to OPAF since OPAF’s inception in 1995. Hanger Clinic operates 750+ patient care clinics across the nation, providing patients with the latest in orthotic and prosthetic solutions. OPAF and The First Clinics offer adaptive recreational opportunities to the same... 
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05/01/13Hanger Reports First Quarter 2013 Results
AUSTIN, Texas, May 1, 2013 /PRNewswire/ -- Reports $0.27 diluted EPS Reports adjusted diluted EPS of $0.28, an increase of 12% Realigns business segments to better reflect market strategy Reaffirms full year 2013 guidance Hanger, Inc. (NYSE: HGR) announced net sales of $233.5 million for the quarter ended March 31, 2013, an increase of $15.4 million, or 7.1%, from $218.1 million for the first quarter of 2012.  Diluted earnings per share were $0.27 for the first quarter of 2013 co... 
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04/25/13Hanger Clinic's Carrie Davis first person in U.S. to receive International Inner Wheel Margarette Golding Award
Inner Wheel Foundation Chairman Heidi Case and Davis Charleston, S.C., April 25, 2013 – Carrie Davis, Hanger Clinic Upper Extremity Patient Advocate and National Coordinator of Amputee Empowerment Partners, a national peer-to-peer amputee support group, was presented with the distinguished International Margarette Golding Award at an Inner Wheel Foundation luncheon on Friday, April 19th for her dedication to the Foundation. Davis’s receipt of the award marks the first time in the award’s ... 
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04/22/13Hanger donates $100,000 grant to Amputee Coalition to support Amputee Well-Being Initiative
Austin, Texas, April 22, 2013 –The Amputee Coalition today announced that Hanger, Inc. has pledged a $100,000 educational grant to support the Coalition’s Improving the Well-Being of People with Limb Loss – Phase II program. The Well-Being Initiative seeks to give prosthetists the tools they need to assess and address their patients’ emotional needs. “Thanks to the generous grant by Hanger, we are able to move into Phase II of the initiative,” said Kendra Calhoun, president and CEO of the Amput... 
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04/05/13Hanger, Inc. Announces First Quarter 2013 Earnings Release And Conference Call
AUSTIN, Texas, April 5, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced today that it plans to report its results of operations for the quarter ended March 31, 2013, on Wednesday, May 1, 2013. The Company plans to issue a press release announcing the results for the quarter ended March 31, 2013 on Wednesday, May 1, 2013 after the close of the market. A conference call to discuss these results is scheduled to begin at 9:00 a.m., ET, on Thursday, May 2, 2013. Those wishing to participat... 
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04/01/13TEDx event features moving presentation by Hanger Clinic patient Katy Sullivan
Hollywood, Calif., April 1, 2013 – Recently, Hanger Clinic patient and athlete Katy Sullivan gave a moving presentation during a TEDx event in Hollywood, California. Sullivan, who was born without both her legs above-the-knee, spoke about her inspirational story, including overcoming obstacles and beating odds. Watch the presentation in its entirety here: http://www.youtube.com/watch?v=s-_6FtOJXGc&sns=em. About Katy Sullivan: Katy Sullivan, now 33-years-old, was born a bilateral amputee, mis... 
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03/18/13Hanger Files Form 10-K for Year Ended December 31, 2012
AUSTIN, Texas, March 18, 2013 /PRNewswire/ --  Reports Diluted EPS of $1.83 for 2012, $0.01 Below Previously Announced Preliminary Results Adjusts Work-in-Process Inventory Related Accounting Practices Will Amend First Quarter 2012 Interim Financial Statements Reaffirms Financial Guidance for 2013 Hanger, Inc. (NYSE: HGR) announced that it has filed its Annual Report on Form 10-K for the year ended December 31, 2012.  For 2012, the Company reported earnings of $1.83 per diluted... 
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03/13/13Hanger Clinic patients thriving with new technology, clinicians, and more are featured in news outlets from England to Arizona
Austin, Texas, March 13, 2013 – Hanger patients and associates continue to make headlines that inspire and encourage. The following are links to recent news coverage of Hanger successes from around the country and across the pond. Prosthetic Expert Shares Technology Used On Now Famous Dolphin WBNG-TV (CBS), Johnson City, New York Kevin Carroll - "Dolphin Tale" and the future of prosthetics WAMC-TV (NPR), Albany , New York Interview with Matthew Schenk, CPO O&P Edge, Westminster, Colorado ... 
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02/22/13CBS's The Doctors to feature Hanger Clinic patient and clinical team
Los Angeles, Calif., February 22, 2013 – On Monday, February 25, 2013 the syndicated television program The Doctors will feature 20-year-old Hanger Clinic patient and Hickory Grove, South Carolina resident Joey Funderburk. The program followed Funderburk during the process of receiving much-needed new, microprocessor-controlled prosthetic legs from a team at Hanger Clinic. The team included Hanger Clinic Vice President of Prosthetics Kevin Carroll, MS, CP, FAAOP, Charlotte, North Carolina-based ... 
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02/13/13Hanger Reports $0.62 Diluted EPS for the Fourth Quarter 2012
-- Adjusted Diluted EPS increased 16% to $0.58 -- Establishes 2013 Financial Guidance AUSTIN, Texas, Feb. 13, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced net sales of $272.2 million for the quarter ended December 31, 2012, an increase of $24.1 million, or 9.7%, from $248.1 million for the fourth quarter of 2011.   Diluted earnings per share were $0.62 for the fourth quarter of 2012 compared to $0.52 for the same period of 2011.  Adjusted diluted earni... 
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01/23/13Hanger Clinic partners with non-profit to provide teenager with computerized prosthetic hand
Birmingham, Ala., January 23, 2013 – Haley Higdon, 16, recently received a microprocessor-controlled prosthetic hand from certified prosthetist Bill Limehouse, a specialist with Hanger Clinic’s National Upper Extremity Prosthetic Program, in conjunction with Birmingham, Alabama-based prosthetic clinician Randy Roberson. This is Higdon’s first prosthesis with functioning fingers; a hand made financially possible by Inner Wheel, a non-profit organization that helps provide computerized prosthetic ... 
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01/08/13Hanger, Inc. Announces Fourth Quarter 2012 Earnings Release And Conference Call
AUSTIN, Texas, Jan. 8, 2013 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) announced today that it plans to report its results of operations for the quarter ended December 31, 2012, on Wednesday, February 13, 2013. The Company plans to issue a press release announcing the results for the quarter ended December 31, 2012 and to provide guidance for 2013, on Wednesday, February 13, 2013 after the close of the market. A conference call to discuss these results is scheduled to begin at 9:00 a.m., ES... 
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01/08/13Cheerleader performs despite cerebral palsy, thanks to wearable electrical stimulation device
Lafayette, CO, January 8, 2013 – 20-year-old Tiffany Trujillo is living her dream of cheering for the Denver Broncos despite seemingly insurmountable odds. Born at just 26 weeks, weighing only 1.8 pounds, Trujillo became legally blind due to retinopathy of prematurity (ROP), an abnormal blood vessel development in the retina of the eye in a premature infant, and her parents were told she would never be able to talk or walk. At six months old, she was diagnosed with cerebral palsy (CP), which re... 
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HNGR (Common Stock)
ExchangeOTC BB (US Dollar)
Financial Status IndicatorC
Price$14.70
Change (%) Stock is Down 0.1 (0.00%)
Volume6,853
Data as of 12/13/17 3:58 p.m. ET
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