AUSTIN, Texas--(BUSINESS WIRE)--
Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, announced
today the launch of Hanger Ventures, a subsidiary designed to focus on accelerating innovation, developing
technology, and improving patient outcomes worldwide. Using robust clinical expertise and scale, Hanger Ventures
will invest in entrepreneurs and small businesses, helping to bring innovative O&P healthcare solutions to the
market.
“Hanger Ventures will enable us to provide resources typically not accessible to entrepreneurs and small businesses,
collaborating from incubation to commercialization,” shared Hanger Chief Executive Officer (CEO) Pete Stoy. “This
type of collaboration enables us to be at the forefront of innovation, with involvement in research and development
centered around patient outcomes, ultimately providing more access and better care across the O&P community.”
Hanger’s Chief Clinical Officer James Campbell, Ph.D., who leads the Hanger Institute and Clinical and Scientific Affairs division, will now also serve as President
of Hanger Ventures. Dr. Campbell has 40 years of experience in the O&P profession with distinction in leadership
and research, and is a named inventor on five issued U.S. Patents.
“Dr. Campbell is uniquely qualified to lead Hanger Ventures, leveraging his expertise, the work of the Hanger
Institute, and our nationwide outcomes data to move the entire practice of O&P forward,” shared Stoy.
“Only at Hanger are we positioned to collaborate in this capacity,” shared Dr. Campbell. “Hanger Ventures marks
another significant step in our desire to transform O&P while creating value for our partners throughout the
care continuum.”
For more information, visit www.hanger.com/ventures.
About Hanger, Inc. – Headquartered in Austin, Texas, Hanger, Inc. provides comprehensive, outcomes-based
orthotic and prosthetic (O&P) services through its Patient Care segment, with more than 900 Hanger Clinic
locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label
O&P devices, products and components, and provides rehabilitative solutions. Rooted in 160 years of clinical
excellence and innovation, Hanger is a purpose-driven company with a vision to lead the O&P markets by providing
superior patient care, outcomes, services and value, aimed at empowering human potential. For more information on
Hanger, visit corporate.hanger.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240228679290/en/
Krisita Burket, Hanger, Inc.
904-239-4627, kburket@hanger.com
Source: Hanger, Inc.