Overall impact
B (63)

Commentary

Hanger is a strong overall performer. With a 'B' rating of 63.2 for overall impact (69th percentile compared to all companies), Hanger ranks 37th out of 71 industry peers, behind ModivCare, Ontrak, Healius and 33 others, and ahead of Bumrungrad Hospital, Rede D'Or São Luiz, Heartland Dental and 31 others. On top material causes for Hanger's industry (Healthcare Providers), Hanger performs well in Improved Mental Health (95.8 score) and Technology Innovation (95.5). Hanger did not receive a 'D' or 'F' rating on any cause.
Impact
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Company
Employees
5,200
Sector
Health Care
Industry
Health Care Providers & Services
Sub-industry
Health Care Services
SASB industry
Health Care Delivery
Headquarters
Tx, United States
Share classes
HNGR
Description
Hanger, Inc. provides orthotic and prosthetic (O&P) services in the United States. It operates in two segments, Patient Care and Products & Services. The Patient Care segment owns and operates Hanger clinics, which specialize in the design, fabrication, and delivery of custom O&P devices through patient care clinics and satellite locations. It also offers payor network contracting services to other O&P providers. The Products & Services segment engages in the distribution of various O&P parts, componentry, and devices to independent O&P providers. It develops specialized rehabilitation technologies and provides evidence-based clinical programs for post-acute rehabilitation to patients at approximately 4,000 skilled nursing and post-acute providers. This segment also manufactures and sells therapeutic footwear for diabetic patients in the podiatric market. As of December 31, 2021, the company operated approximately 760 patient care clinics and 115 satellite locations in 47 states and the District of Columbia. It also distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings. The company was formerly known as Hanger Orthopedic Group, Inc. and changed its name to Hanger, Inc. in June 2012. Hanger, Inc. was founded in 1861 and is headquartered in Austin, Texas.
Material causes
Ethos considers the following causes material for Hanger, based on its industry sub-industry Health Care Services. Learn more about material causes in our methodology overview.

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