Hanger Orthopedic Group Inc., Bethesda, Maryland, announced on
July 2 that Standard & Poor’s Rating Services had improved its
outlook for Hanger, raising it to “positive” status from “stable.”
S&P also affirmed Hanger’s corporate credit rating at B. A
Hanger press release quoted Standard & Poor’s credit analyst
Rivka Gertzulin as saying, “The outlook revision reflects positive
prospects for WalkAide and our expectation for an improved
financial risk profile.” George McHenry, Hanger’s chief financial
officer, remarked, “We are pleased with the outlook change from
S&P as it reflects our solid performance over the last nine
quarters and further recognition of our new business
prospects.”
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