| Business Summary | | Hanger
Orthopedic
Group,
Inc.
is
the
nation's
largest
professional
practice
management
company
in
the
orthotics
&
prosthetics
(O&P)
rehabilitation
industry.
At
December
31,
2000,
the
Company
had
620
patient-care
centers
and
approximately
888
practitioners
in
44
states
and
the
District
of
Columbia.
In
addition
to
providing
O&P
patient-care
services
through
its
operating
subsidiaries,
the
Company
manufactures
and
distributes
components
and
finished
patient-care
products
to
the
O&P
industry
primarily
in
the
United
States.
Hanger's
subsidiary,
Hanger
Prosthetics
&
Orthotics,
Inc.
is
the
oldest
company
in
the
O&P
industry
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hanger
Orthopedic
Group,
Inc.
acquires
and
operates
the
practices
of
orthotists
and
prosthetists.
HGR
also
manufactures
and
distributes
custom-made
and
prefabricated
O&P
products.
For
the
six
months
ended
6/30/01,
revenues
rose
4%
to
$249.8
million.
Net
loss
applicable
to
Common
totaled
$7.0
million,
up
from
$177
thousand.
Revenues
benefited
from
acquisitions
and
higher
sales
by
patient-care
centers.
Higher
loss
reflect
$11.9
million
in
impairment
losses
and
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ivan Sabel, 56 Chairman,
Pres, CEO, Director | $804K | Dennis Currier, 56 Interim
CFO | -- | Raymond Taylor, 52 Exec.
VP | 500K | Deneane Butler, 36 VP-Fin.,
Controller, Sec., Treasurer | -- | James Cairns, Jr., 63 Pres
and COO of Seattle Orthopedic Group, Inc.(Manufacturing) | 274K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|