Hanger Orthopedic Group Inc.

From the April 28, 1997 Washington Post

	'96 (in $ 000s)	% Change From '95
Revenue	66,806	27.3
Net Income	1,000	(53.2)
Rank Last Year: 83

Description:
Hanger Orthopedic manufactures and fits patients with custom-made orthotic devices such as specialized braces and prosthetic limbs. The company operates four manufacturing plants and a chain of 81 patient care centers in 23 states.

Business Resume: Contact Info -- 7700 Old Georgetown Rd. Bethesda, Md. 20854 301-986-0701 Main Business -- Orthotic and prosthetic devices Founded -- 1986 Chairperson -- Ivan R. Sabel (CEO) President -- Ivan R. Sabel Employees -- 1,000 D.C.-Area Employees -- 100

Developments:
The company continued as a highflier of Wall Street, with its stock price more than doubling since January 1996 to close Friday at $6.625. It became the nation's largest supplier of artificial limbs and braces last summer by buying a privately held rival, J.E. Hanger Inc. of Alpharetta, Ga., for $49 million in cash and stock.

While assets of the company more than doubled, to $141.7 million, revenue last year jumped $14.3 million but profit fell by more than half, to $1 million.