Hanger, Austin, Texas, announced that in year-to-date 2013 it has completed the acquisition of four patient care companies comprising nine clinics in six states with annualized revenue of about $10 million. The acquisitions are East Coast Orthotics, Melbourne, Florida; Nascott Orthotics and Prosthetics, headquartered in Baltimore, Maryland; Keller’s Limb & Brace, dba Snells of Jackson, Tennessee; and Prosthetic Development & Research, dba San Juan Prosthetics & Orthotics, Durango, Colorado.
“We are pleased to welcome these great companies and their over 60 dedicated clinicians and staff to the Hanger team,” said Vinit K. Asar, president and CEO of Hanger. “We are halfway to meeting our 2013 goal to acquire annualized sales of approximately $20 million. Our pipeline of transactions remains healthy.”
Editor’s note: An earlier version of this story did not correctly identify East Coast Orthotics, Melbourne, Florida, as part of the Hanger acquisition. We apologize for any inconvenience caused.
