Hanger, Inc.

Hanger Launches Ventures Subsidiary to Support Orthotics and Prosthetics Entrepreneurs and Small Businesses

Retrieved on: 
Wednesday, February 28, 2024

Using robust clinical expertise and scale, Hanger Ventures will invest in entrepreneurs and small businesses, helping to bring innovative O&P healthcare solutions to the market.

Key Points: 
  • Using robust clinical expertise and scale, Hanger Ventures will invest in entrepreneurs and small businesses, helping to bring innovative O&P healthcare solutions to the market.
  • “Hanger Ventures will enable us to provide resources typically not accessible to entrepreneurs and small businesses, collaborating from incubation to commercialization,” shared Hanger Chief Executive Officer (CEO) Pete Stoy.
  • Campbell is uniquely qualified to lead Hanger Ventures, leveraging his expertise, the work of the Hanger Institute, and our nationwide outcomes data to move the entire practice of O&P forward,” shared Stoy.
  • “Hanger Ventures marks another significant step in our desire to transform O&P while creating value for our partners throughout the care continuum.”

Global Prosthetics Market Projected to Reach $2.30 Billion by 2023: A Comprehensive Analysis of Key Drivers and Challenges - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 24, 2023

The global prosthetics market is divided into four regions:

Key Points: 
  • The global prosthetics market is divided into four regions:
    North America leads the market, driven by an increasing prevalence of orthopedic injuries, growing trauma cases, and the rise in obesity contributing to diabetes.
  • Europe presents strong growth potential, primarily due to rising life expectancy, an aging population, and an increase in road injuries.
  • The COVID-19 pandemic initially posed challenges to the prosthetics market, with disruptions in supply chains and restrictions on elective medical procedures.
  • The global prosthetics market is moderately concentrated, with leading companies pursuing growth strategies such as mergers, acquisitions, collaborations, and agreements.

Alithya to co-present with Hanger at Oracle CloudWorld 2023

Retrieved on: 
Thursday, September 14, 2023

ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya") announces its participation in Oracle CloudWorld 2023, to be held September 18-21, 2023 at The Venetian Conference and Expo Center in Las Vegas, Nevada.

Key Points: 
  • ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya") announces its participation in Oracle CloudWorld 2023, to be held September 18-21, 2023 at The Venetian Conference and Expo Center in Las Vegas, Nevada.
  • Showcasing success in Oracle Cloud applications implementation, Alithya will co-host an information session in collaboration with its client, Hanger, Inc., a leading provider of orthotic and prosthetic products and services with more than 900 clinics across the United States.
  • The presentation, titled All In: Hanger Embraces Oracle Cloud Applications for ERP, SCM, & HCM, will be held on Tuesday, September 19th from 12:40 PM to 1:00 PM.
  • Alithya, an Oracle CloudWorld 2023 sponsor, will be present throughout the event at Booth 113 in the exhibition hall.

Cranial Orthoses Market to grow by USD 136.94 million from 2022 to 2027, North America to account for 41% of market growth - Technavio

Retrieved on: 
Saturday, September 9, 2023

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- The cranial orthoses market size is expected to grow by USD 136.94 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 8, 2023 /PRNewswire/ -- The cranial orthoses market size is expected to grow by USD 136.94 million from 2022 to 2027.
  • Hence, such factors fuel the growth of the cranial orthoses market in the North American region during the forecast period.
  • Trends- The use of 3D scanning for cranial orthoses is an emerging cranial orthoses market trend.
  • Growth of the market across North America, Europe, Asia, and ROW
    Comprehensive analysis of factors that will challenge the growth of cranial orthoses market vendors.

Hanger Announces Pete Stoy as CEO

Retrieved on: 
Monday, May 1, 2023

Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced Pete Stoy, formerly the company’s President and Chief Operating Officer, has assumed the role of Hanger’s Chief Executive Officer (CEO), effective immediately.

Key Points: 
  • Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced Pete Stoy, formerly the company’s President and Chief Operating Officer, has assumed the role of Hanger’s Chief Executive Officer (CEO), effective immediately.
  • Stoy’s appointment was announced in January as part of a multi-year succession plan, and follows the retirement of Vinit Asar who held the CEO position for more than a decade.
  • “I am pleased to pass the torch to Pete Stoy,” shared Asar.
  • Prior to joining Hanger, Stoy served as the Healthcare Business Unit, East Region President for Sodexo.

Hanger Announces CEO Transition Plan

Retrieved on: 
Wednesday, January 18, 2023

Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced Chairman and Chief Executive Officer (CEO) Vinit Asar will retire from the role of CEO effective May 1, 2023 after more than a decade in the position.

Key Points: 
  • Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced Chairman and Chief Executive Officer (CEO) Vinit Asar will retire from the role of CEO effective May 1, 2023 after more than a decade in the position.
  • In line with a multi-year succession plan, Hanger’s Chief Operating Officer (COO) Pete Stoy has been named President and COO, and will assume the role of CEO upon Asar’s retirement, in addition to serving on Hanger’s Board of Directors.
  • “It has been my absolute honor to serve as Hanger’s CEO over the past eleven years,” shared Asar.
  • “Vinit has made an indelible impact on Hanger throughout his storied tenure,” stated Stoy.

The Global Foot Insoles Market is expected to grow by $1691.45 mn during 2023-2027, accelerating at a CAGR of 7.98% during the forecast period

Retrieved on: 
Thursday, December 1, 2022

Key Points: 
  • Also, an increase in organized retail in developing countries and demand for custom products will lead to sizable demand in the market.
  • The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
  • Technavios market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

The M&A Class Action Firm Continues Investigating the Merger – MANT, CTT, HNGR, BKI

Retrieved on: 
Thursday, August 25, 2022

Under the terms of the agreement, CTT shareholders will receive 0.23 shares ofPotlatchDeltic per share they own.

Key Points: 
  • Under the terms of the agreement, CTT shareholders will receive 0.23 shares ofPotlatchDeltic per share they own.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Hanger, Inc. (HNGR) and Fairness of $18.75 Per Share Buyout Price to Investors

Retrieved on: 
Saturday, July 30, 2022

PHILADELPHIA, July 30, 2022 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Hanger, Inc. (Hanger) (NYSE: HNGR) on behalf of the companys shareholders.

Key Points: 
  • PHILADELPHIA, July 30, 2022 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Hanger, Inc. (Hanger) (NYSE: HNGR) on behalf of the companys shareholders.
  • On July 21, 2022, Hanger announced that it had agreed to be acquired by private investment firm Patient Square Capital at a price of $18.75 per share (the Buyout Price).
  • Notably, shares of Hangers common stock traded above the Buyout Price as recently as April 2022.
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $100 million on behalf of victimized investors.

Hanger Announces Date of 2022 Second Quarter Earnings Release and Conference Call

Retrieved on: 
Thursday, July 7, 2022

Hangers management team will host a conference call to discuss the second quarter 2022 financial results the following morning on Tuesday, August 9, 2022 at 8:30 a.m. Eastern time.

Key Points: 
  • Hangers management team will host a conference call to discuss the second quarter 2022 financial results the following morning on Tuesday, August 9, 2022 at 8:30 a.m. Eastern time.
  • To participate in the Companys live conference call, please dial (844) 200-6205 or +1 (929) 526-1599 for international participants and reference access code 020458.
  • A live webcast, replay of the call and earnings release, will be available on the Companys Investor Relations website at investor.hanger.com .
  • About Hanger, Inc. Headquartered in Austin, Texas, Hanger, Inc. (NYSE: HNGR) provides comprehensive, outcomes-based orthotic and prosthetic (O&P) services through its Patient Care segment, with approximately 875 Hanger Clinic locations nationwide.