This Day On The Street
Continue to site
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

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 and follow us at,, and  

Photo -

SOURCE Hanger, Inc.

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 This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs