This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Hanger, Inc. Announces Retirement Of Rick Taylor, President Of Hanger Clinic

AUSTIN, Texas, May 12, 2014 /PRNewswire/ -- Hanger, Inc. (NYSE: HGR) today announced that Richmond L. Taylor, Executive Vice President of Hanger, Inc. and President and Chief Operating Officer of its patient care business Hanger Clinic, will retire effective December 31, 2014.  Mr. Taylor's successor has been selected  and will be announced today.

Richmond L. Taylor, Executive Vice President of Hanger, Inc. and President and Chief Operating Officer of Hanger Clinic

"At the helm of Hanger Clinic for 15 years, Rick has shepherded the consistent, significant growth and strategic operations of our core business in orthotic and prosthetic patient care," Hanger President and Chief Executive Officer Vinit Asar said. "He is a savvy enterprise executive who drove the substantial expansion of our national footprint, while ensuring the voice of the clinician was heard at all levels of our organization.  Due in large part to his dedication and cross-portfolio prowess, Hanger Clinic is well-positioned for continued growth and development."  

After serving eight years in the United States Air Force and more than a decade in various healthcare management positions, Mr. Taylor entered the orthotic and prosthetic (O&P) business in 1989 and dedicated the next 25 years to the industry.  He joined Hanger as Executive Vice President, and President and Chief Operating Officer (COO) of Hanger Clinic, in July 1999 as part of the $455 million NovaCare O&P acquisition where he had served as COO since 1996.  During his 15-year tenure as President and COO of Hanger Clinic, Mr. Taylor built a new field leadership structure that harnessed organic growth, adapted substantial improvements to the Hanger Clinic business model, directed the adoption of the new Hanger Clinic brand, and drove key infrastructure investments such as a new product purchasing portal and the ongoing implementation of electronic health records.  With the help of Rick's leadership, Hanger's patient care business grew from 600 locations and $447 million in revenue in 2000 to over 740 clinics and $873 million in revenue in 2013.

About Hanger, Inc. – Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. (NYSE: HGR) delivers orthotic and prosthetic (O&P) patient care, and distributes O&P products and rehabilitative solutions to the broader market.  Hanger's Patient Care segment is the largest owner and operator of O&P patient care clinics with in excess of 760 locations nationwide.  Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions.  Steeped in over 150 years of clinical excellence and innovation, Hanger's vision is to be the partner of choice for products and services that enhance human physical capability.  For more information on Hanger, visit www.hanger.com and follow us at www.Facebook.com/HangerNews, www.Twitter.com/HangerNews, and www.YouTube.com/HangerNews.  

Photo - http://photos.prnewswire.com/prnh/20140509/86225

SOURCE Hanger, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs