Hanger Orthopedic Group, Bethesda, Maryland, announced the acquisition of Dynamic Orthotics and Prosthetics, which has locations in Houston, Stafford, and Shenandoah, Texas; Nebraska Orthotic and Prosthetic Services, with locations in Lincoln, Omaha, Grand Island, and Hastings; and Spectrum Prosthetics and Orthotics, with offices in Clive, Des Moines, and Ames, Iowa. The companies’ combined annual revenues total $14.0 million.
“These companies are leaders in their communities with high-quality practitioners,” noted Thomas F. Kirk, PhD, president and CEO of Hanger Orthopedic Group. “They will greatly strengthen our presence and provide a base for future growth together. As part of our growth strategy, we continue to identify premier service providers in strategic areas to complement our existing patient care centers.”