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Hanger Orthopedic Buys 2 Patient Care Centers

May 27, 2009 (FinancialWire) — Hanger Orthopedic Group, Inc. (NYSE: HGR) has acquired the Northwest Prosthetic & Orthotic Clinic and Inline Orthotic and Prosthetic Systems. The acquisitions add patient care centers to Hanger’s existing markets in Washington and California.

The company said that the acquired companies combined produce $5.3 million of annual net revenue.

Bethesda, Maryland-based Hanger Orthopedic Group is a provider of orthotic and prosthetic patient care services. Hanger owned and operated 675 patient care centers in 45 states and the District of Columbia as of March 31. The company has over 3,500 employees including 1,083 practitioners.

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