Hanger buys two O&P companies

Thursday, December 6, 2012

AUSTIN, Texas ­– Hanger, Inc., a provider and distributor of orthotics and prosthetics products, recently acquired Faith Prosthetic-Orthotic Services and SCOPe Orthotics & Prosthetics, according to a press release. The two patient care companies have 22 clinics in California and North Carolina, respectively, and generate combined annual revenue of $24.6 million. That brings Hanger’s total revenue from acquisitions in 2012 to $60.2 million.