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Hanger Orthopedic Group Inc

Hanger Orthopedic Group, Inc. (Hanger) is a publicly traded company based in the United States that provides orthotic and prosthetic (O&P) services and products. The company is a leading provider of O&P services in the United States, with a network of over 800 patient care centers and specialists.

Hanger's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "HGR." As of February 2023, the company has a market capitalization of approximately $1.4 billion.

The company's business model is primarily focused on providing O&P services, including patient care, clinical services, and the design, fabrication, and distribution of O&P devices. Hanger's products and services are used by individuals who have lost limbs or have mobility impairments due to injury, illness, or congenital conditions.

Hanger's revenue is generated primarily from the provision of O&P services, which accounted for approximately 88% of the company's total revenue in 2021. The remaining revenue is generated from the sale of O&P products, including components, supplies, and off-the-shelf devices.

The company's financial performance has been relatively stable in recent years. In 2021, Hanger reported total revenue of $1.0 billion, up from $981.4 million in 2020. The company's net income for 2021 was $30.8 million, up from $19.2 million in 2020.

Hanger's primary competitors in the O&P industry include smaller regional providers and other publicly traded companies such as Ohio Willow Wood, Fillauer Companies, and Abilities Incorporated.

Overall, Hanger is a well-established and financially stable company in the O&P industry, with a strong reputation for providing high-quality patient care and O&P products. The company's financial performance and strategic initiatives position it well for continued growth and success in the coming years.