BETHESDA, Md., Sept. 10 /PRNewswire-FirstCall/ -- Hanger Orthopedic Group,
Inc. (NYSE: HGR), through its wholly-owned subsidiary, Linkia, LLC, an
orthotic and prosthetic (O&P) provider network management company, has
announced a national agreement with Government Employees Health Association,
Inc. (GEHA), the country's second largest national health insurance plan
serving federal employees, retirees, and their families.
"We selected Linkia because of its competitive pricing, comprehensive
quality program, improved access to care, and provider choice options for our
members nationwide," GEHA's Medical Management Administrator Ginny Hart said.
"It was important to us to find a team that could efficiently manage all of
our O&P processes, while also truly understanding our members' unique clinical
Effective July 1, 2008, Linkia manages the O&P provider network,
consisting of Hanger-owned patient care centers and independent facilities,
for GEHA and its more than 400,000 health plan members and dependents.
"We welcome GEHA and its members as a valued national customer," Linkia
President Rebecca Hast said. "Our established record of effectively serving
other national healthcare companies and their millions of members nationwide
allows GEHA to be confident Linkia will provide its members easy access to
quality care no matter where they live or travel in the U.S."
About GEHA: The second largest national health insurance plan serving
current and retired federal employees and their dependents, GEHA is a
self-insured and not-for-profit association. Established in 1937 to provide
U.S. railway mail clerks with assistance for medical expenses, GEHA has grown
into a comprehensive dental and medical benefits organization for federal
employees. For more information on GEHA, visit www.geha.com.
About Linkia: A wholly-owned subsidiary of Hanger Orthopedic Group,
Linkia is the first and only provider network management company dedicated
solely to the orthotics and prosthetics profession. Headquartered in
Rockville, Maryland, Linkia offers customized national O&P provider networks,
simplified network management and administration, in-depth industry expertise,
and scalability to meet the unique needs of its healthcare partners. For more
information on Linkia, visit www.linkia.com.
About Hanger: Hanger Orthopedic Group, Inc., headquartered in Bethesda,
Maryland, is the world's premier provider of orthotic and prosthetic patient
care services. Hanger is the market leader in the United States, owning and
operating 661 patient care centers in 45 states and the District of Columbia,
with over 3,500 employees, including 1,060 practitioners (as of June 30,
2008). Hanger is organized into four units. The two key operating units are
patient care which consists of nationwide orthotic and prosthetic practice
centers and distribution which consists of distribution centers managing the
supply chain of orthotic and prosthetic componentry to Hanger and third party
patient care centers. The third is Linkia which is the first and leading
provider network management company for the orthotics and prosthetics
industry. The fourth unit, Innovative Neurotronics, introduces emerging
neuromuscular technologies developed through independent research in a
collaborative effort with industry suppliers worldwide. For more information
on Innovative Neurotronics, Inc. or the WalkAide, visit www.ininc.us. For more
information on Hanger, visit www.hanger.com.
Certain statements included in this press release are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Please refer to the Company's SEC filings for factors that could
cause actual results to differ materially from the Company's expectations.
Contacts: Jennifer Bittner (Press), +1-904-249-4210,
Ken Abod, (Investor), +1-301-986-0701,
SOURCE Hanger Orthopedic Group, Inc.