Profile

Hanger, Inc. (NYSE: HNGR is a leading national provider of products and services that assist in enhancing or restoring the physical capabilities of patients with disabilities or injuries that is headquartered in Austin, TX . The company provides orthotic and prosthetic services, distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinical settings. Hanger, Inc. operates through two segments: Patient Care and Products & Services. The primary division of Hanger, Inc.'s Patient Care segment is Hanger Clinic , which specializes in the design, fabrication, and delivery of custom O&P devices through 677 patient care clinics, with 109 satellite locations in 44 states, as well as the District of Columbia as of September 30, 2018. According to the company's 2017 annual report, the patient care market for prosthetic and orthotic services in the United States is estimated at $4 billion annually. Hanger Clinic represents about 20 percent of this market. The company employs approximately 4,600 people, including about 1,500 prosthetic and orthotic practitioners.