BETHESDA, Md., Aug. 8 Hanger Orthopedic Group,Inc. (NYSE: HGR) is pleased to announce that Moody's Investors Service revisedits outlook for Hanger Orthopedic Group, Inc. to "positive" from "stable."Moody's also affirmed Hanger's corporate family credit rating at "B2."
"We are pleased with the outlook change from Moody's as it reflects ourstrong performance over the last ten quarters," remarked George McHenry,Hanger's Chief Financial Officer.
Hanger Orthopedic Group, Inc., headquartered in Bethesda, Maryland, is theworld's premier provider of orthotic and prosthetic patient care services.Hanger is the market leader in the United States, owning and operating 661patient care centers in 45 states and the District of Columbia, with over3,500 employees, including 1,060 practitioners (as of June 30, 2008). Hangeris organized into four units. The two key operating units are patient carewhich consists of nationwide orthotic and prosthetic practice centers anddistribution which consists of distribution centers managing the supply chainof orthotic and prosthetic componentry to Hanger and third party patient carecenters. The third is Linkia which is the first and leading provider networkmanagement company for the orthotics and prosthetics industry. The fourthunit, Innovative Neurotronics, introduces emerging neuromuscular technologiesdeveloped through independent research in a collaborative effort with industrysuppliers worldwide. For more information on Innovative Neurotronics, Inc. orthe WalkAide, visit http://www.ininc.us. For more information on Hanger, visithttp://www.hanger.com.
SOURCE Hanger Orthopedic Group, Inc.