Thursday, May 26, 2022

Re: US Politics – News

Robert VanHook

Sorry for forgetting the “US Politics” on my earlier email.

The timing of the merger deal between Hanger and NovaCare has nothing to do

with the consolidation of the O&P organizations in the National Office.

Economic forces were at work. The fact that the merger may take place

during the second quarter — just before the vote on consolidation —

appears to be happenstance.

As a business member of the consolidated organization, the merger will

actually diminish the direct influence of the merged company. Under the

consolidation plan, up to two companies would have directors seats on the

Board, but only if there were two or more companies with 200 or more

facilities. The proposed merger would leave only one company with more

than 200 facilities, so they would have only one seat on the Board. So,

the merger means that the big company would have 1 or 5 “business” seats on

the Board, instead of 2 of the 5. Since the merged company will have a

reported 950 certified practitioners, one could assume that as individuals

they will have a significant representation, just as practitioners employed

by Hanger and NovaCare do now in the Academy.

For AOPA, the merger means there will be one less active company member —

NovaCare.

Bob

Robert T. Van Hook, CAE

Executive Director

American Orthotic and Prosthetic Association

1650 King Street, Suite 500

Alexandria, VA 22314

Phone: 703/836-7116

Fax: 703/836-0838

Email: [email protected]

Webpage: www.opoffice.org

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