US Attorney's Office Subpoenas Hanger

Hanger Orthopedic Group Inc., Bethesda, Maryland, received a subpoena June 17 from the US Attorney's Office for the Eastern District of New York requesting that the company produce documents relating to allegations made in a news story aired by WNBC Channel 4 News June 14.

Among other allegations, an employee of Hanger's West Hempstead, New York, patient care center claimed that a clinician was signing doctors' signatures on prescription forms and that Medicare and other payers were billed for services to nonexistent patients. The employee earlier had reported those allegations on the company's compliance hotline, which is a confidential communication that encourages individuals to come forward with any concerns or suspicions regarding potential violations of the company's processes or policies, Hanger stated.

The Securities and Exchange Commission (SEC) also has requested information from Hanger relating to the allegations, Hanger said.

Kendall McDaniel made the allegations during a news program on the evening of June 14. At Hanger's request, on the morning of June 15, the New York Stock Exchange halted trading in the company's common stock due to unusually heavy volume, the company said. Trading resumed that afternoon after the company issued a press release addressing the situation.

The Audit Committee of Hanger's Board of Directors on June 17 engaged the law firm of McDermott Will & Emery to serve as special counsel to the committee to conduct an independent investigation.

"Hanger Orthopedic Group is absolutely committed to maintaining the highest standards of integrity and compliance," said Chairman and CEO Ivan R. Sabel, CPO. "We will aggressively determine the facts relating to these allegations and will endeavor to cooperate with regulatory authorities,' he continued, adding, "We look forward to the completion of a thorough investigation."

US Attorney’s Office Subpoenas Hanger

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US Attorney’s Office Subpoenas Hanger

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Price Opens Shop

Nick Taylor Remembered

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Certified Prosthetist Orthotist or Board Eligible Prosthetist Orthotist

Certified Prosthetist / Prosthetist-Orthotist (CP/CPO) Gates Prosthetics + Mobility Clinic — Mountain Home, AR

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