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Hanger, Inc. named one of Forbes 100 Best Small Companies


Published on 2012-10-17 14:31:25 - Market Wire
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Hanger, Inc. named one of Forbes 100 Best Small Companies -- AUSTIN, Texas, Oct. 17, 2012 /PRNewswire/ --

AUSTIN, Texas, Oct. 17, 2012 /PRNewswire/ -- Hanger, Inc. (NYSE: [ HGR ]), the nation's leading provider of prosthetic, orthotic, and therapeutic solutions, was named today by Forbes as one of the 100 Best Small Companies in America.  Additionally, within the category "Best Small Companies Hiring in the U.S.", Hanger was ranked #5. 

"We are honored to be named to Forbes' esteemed 100 Best Small Companies list," President and CEO Vinit K. Asar said.  "By focusing on the delivery of quality patient care and the advancement of innovative technology, while also anticipating trends in future patient populations, Hanger has been able to achieve sustainable growth despite these challenging times of the recession.  This recognition is a testament to the collective efforts of our more than 4,700 employees; it is their commitment to doing right by our patients and customers that continues to drive shareholder value."

The annual Forbes rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years.  Companies must have been publicly traded for at least a year, earn annual revenue between $5 million and $1 billion, and have a stock price no lower than $5 a share.

To access the complete article on Hanger's ranking within "Best Small Companies Hiring in the U.S.", visit: [ http://www.forbes.com/sites/christinasettimi/2012/10/17/true-religion-leads-the-10-hot-companies-hiring-like-crazy/ ] To access the complete list of 100 Best Small Companies, visit: [ http://www.forbes.com/best-small-companies/list/ ]

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 700 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 ].

Contacts:

George E. McHenry

(512) 777-3800


Thomas C. Hofmeister

(512) 777-3800

 

SOURCE Hanger, Inc.



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