Tag: Orthotics

Facing regulatory challenges and guided by optimistic market forecasts, orthotics and prosthetics providers are forging ahead to overcome obstacles and strengthen the category.  Between prior authorization requirements from CMS’ Final Rule CMS-1713 and moving beyond Operation Brace Yourself, O&P providers face higher standards while focusing on rebuilding trust with clients. Adam Miller, president of Waterloo, Iowa-based VGM’s Orthotic and Prosthetic Group of America, says other...

TEANECK, N.J. – Aetrex, a global leader in foot scanning technology, orthotics and comfort and wellness footwear, launched the Foot.com Data Portal, a dedicated platform to help shoe manufacturers around the world create better fitting footwear. Users can view and extract global 3D foot data broken down by gender, foot size, country and more. The launch of the portal marks a major step forward in the advancement of footwear development technology by taking the guesswork out of the equation....

OWINGS MILLS, Md. –The Board of Certification/Accreditation’s board of directors has named Judi L. Knott, MA, MBA, as the organization’s new president and CEO, effective Jan. 1, 2023.  Knott currently serves as BOC’s chief strategy and marketing officer. Current president and CEO Claudia Zacharias, MBA, CAE will retire at the end of this year.  “I am fortunate to inherit an organization with a solid balance sheet, excellent, long-tenured staff and a bright...

WATERLOO, Iowa – The Orthotic and Prosthetic Group of America has announced the finalists for the 2022 O&P Woman of the Year Award.  The finalists are:  Adrienne Hill, CPO, area clinic manager, Hanger Clinic  Maggie Baumer, area business clinic manager, Hanger Clinic   Manisha Bhasker, senior director of communications & development, American Academy of Orthotists & Prosthetists   Nina Bondre, education specialist with Ottobock Healthcare  “We’re...

AUSTIN, Texas – Hanger, a national provider of O&P, has entered into an agreement to be acquired by Patient Square Capital, a dedicated health care investment firm, for approximately $1.25 billion.  Under the terms of the agreement, Hanger stockholders will receive $18.75 in cash per share, representing an approximate 29% premium to the 30-calendar day volume-weighted average price (VWAP) ending July 20, 2022. Upon completion of the transaction, Hanger will become a privately held company...

AUSTIN, Texas – Hanger, a national provider of O&P, announced today that it has entered into an agreement to be acquired by Patient Square Capital, a dedicated health care investment firm, for approximately $1.25 billion.  Under the terms of the agreement, Hanger stockholders will receive $18.75 in cash per share, representing an approximate 29% premium to the 30-calendar day volume-weighted average price (VWAP) ending July 20, 2022. Upon completion of the transaction, Hanger will become...

WATERLOO, Iowa – The Orthotic and Prosthetic Group of America (OPGA) has opened the nomination period for the 2022 O&P Woman of the Year Award. The annual award, organized by the OPGA, is open to all women who work in the profession. Nominators are encouraged to provide examples of how the nominee has made significant contributions throughout her career to serve patients, community, business and the O&P profession. Ashlie White, director of health policy and strategic alliances for the...

DALLAS – A federal jury here has convicted the owners and operators of four orthic brace suppliers in Texas and Arkansas for a $6.5 million illegal kickback scheme, including violations of the Anti-Kickback Statute. Bruce Stroud, 40, and Bobbi Stroud, 39, husband and wife and residents of Prosper, Texas, and Kenric Griffin, 52, of Frisco, Texas, jointly owned and operated New Horizons Durable Medical Equipment, Striffin Medical Supply, 4B Ortho Supply and Grace Professional DME, according to...

OWINGS MILLS, Md. - The Board of Certification/Accreditation (BOC) has committed $30,000 to fund a study, “Racial Bias in Orthotics and Prosthetics,” the first of its kind in the O&P field.  The study is a recipient of a 2021 American Orthotic and Prosthetic Association (AOPA) and Center for Orthotic and Prosthetic Learning and Outcomes/Evidence-Based Practice (COPL) Pilot Grant.  "This research is an essential first step to reduce health disparities and improve racial...

CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.  The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.  “Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...