0001104659-12-071983.txt : 20121029 0001104659-12-071983.hdr.sgml : 20121029 20121029172925 ACCESSION NUMBER: 0001104659-12-071983 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20121029 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121029 DATE AS OF CHANGE: 20121029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HANGER, INC. CENTRAL INDEX KEY: 0000722723 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC [8093] IRS NUMBER: 840904275 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10670 FILM NUMBER: 121167538 BUSINESS ADDRESS: STREET 1: 10910 DOMAIN DRIVE STREET 2: SUITE 300 CITY: AUSTIN STATE: TX ZIP: 78758 BUSINESS PHONE: 512-777-3800 MAIL ADDRESS: STREET 1: 10910 DOMAIN DRIVE STREET 2: SUITE 300 CITY: AUSTIN STATE: TX ZIP: 78758 FORMER COMPANY: FORMER CONFORMED NAME: HANGER ORTHOPEDIC GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SEQUEL CORP DATE OF NAME CHANGE: 19890814 FORMER COMPANY: FORMER CONFORMED NAME: CELLTECH COMMUNICATIONS INC DATE OF NAME CHANGE: 19860304 8-K 1 a12-25381_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

CURRENT REPORT

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act

 

Date of Report (Date of Earliest Event Reported): October 29, 2012

 

Hanger, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-10670

 

84-0904275

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification No.)

 

Formerly Hanger Orthopedic Group, Inc.

 

10910 Domain Drive, Suite 300

Austin, Texas 78758

 (Address of principal executive offices (zip code))

 

512-777-3800

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a - 12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13d-4(c))

 

 

 



 

Item 2.01        Completion of Acquisition or Disposition of Assets

 

On October 29, 2012, Hanger, Inc. issued a press release announcing its acquisitions year to date. A copy of the Registrant’s press release is furnished herewith as Exhibit 99.1 to this Current Report.

 

Item 9.01.                     Financial Statements and Exhibits

 

(d)                        Exhibits.

 

99.1 Press Release of Hanger, Inc., dated October 29, 2012

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

HANGER, INC.

 

 

By:

/s/

George E. McHenry

 

 

George E. McHenry

 

 

Chief Financial Officer

 

 

 

Dated: October 29, 2012

 

 

3



 

EXHIBIT INDEX

 

Exhibit

 

 

Number

 

Description

99.1

 

Press Release of Hanger, Inc., dated October 29, 2012

 

4


EX-99.1 2 a12-25381_1ex99d1.htm EX-99.1

Exhibit 99.1

 

GRAPHIC

 

 

Contacts:

George E. McHenry

(512) 777-3800

 

 

Thomas C. Hofmeister

(512) 777-3800

 

News Release

 

HANGER, INC. ANNOUNCES 2012 YEAR TO DATE ACQUISITIONS TOTALING

$35.6 MILLION OF ANNUAL NET REVENUE

 

AUSTIN, TEXAS October 29, 2012.  Hanger, Inc. (NYSE: HGR)completed the acquisition of the sixteen patient care companies comprised of clinics in fifteen states with annualized revenue of $35.6 million in 2012 year to date. The acquisitions were: OrPro, Inc.; Orthotic & Prosthetic Technologies, Inc.; Innovative Prosthetic Care, Inc.; MS Artificial Limb & Brace, LLC; Innovative Prosthetic Care Tupelo, LLC; Orthopedic Associates of Grand Rapids, P.C.; Genesis Medical Group, LLC; Gadsden Limb & Brace, Inc.; Coosa Valley Limb & Brace, LLC; Northeast Alabama Prosthetics & Orthotics, LLC; AKBK, Inc. dba Crockett Prosthetics and Orthotics; Missoula Orthotics & Prosthetics Laboratories, Inc.; Karsten Prosthetic Laboratories, Inc.; Alpine Prosthetics & Orthotics, LLC; Parr Prosthetics & Orthotics, LLC and Nordlie Enterprises Inc. dba Premier Medical.

 

President and CEO Vinit K. Asar stated, “We are pleased to welcome these great companies and their over 150 dedicated clinicians and staff to the Hanger team. We have exceeded our goal to acquire sales of approximately $20 million in 2012. In fact, 2012 is our best year in over 10 years in terms of the number of O&P acquisitions and sales acquired. Our pipeline of transactions remains healthy and it is still possible for one or more additional acquisitions to close before year end.”

 

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 730 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.

 


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