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	<title>Stock Blog Hub &#187; Orthofix International NV</title>
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		<title>(HGR) Hanger Orthopedic&#8217;s Third Quarter Mixed &#8211; View Lowered</title>
		<link>http://www.stockbloghub.com/2011/11/04/hgr-hanger-orthopedics-third-quarter-mixed-view-lowered/86151</link>
		<comments>http://www.stockbloghub.com/2011/11/04/hgr-hanger-orthopedics-third-quarter-mixed-view-lowered/86151#comments</comments>
		<pubDate>Fri, 04 Nov 2011 18:40:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
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		<category><![CDATA[Hanger Orthopedic Group Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86151</guid>
		<description><![CDATA[Orthotic and prosthetic (O&#38;P) company Hanger Orthopedic’s (HGR) third-quarter fiscal 2011 adjusted earnings of 46 cents a share beat the Zacks Consensus Estimate by a penny and surpassed the year-ago adjusted earnings of 37 cents. The adjusted earnings exclude the costs associated with acquisitions and the relocation of the company’s corporate headquarters from Bethesda, Maryland, to Austin, Texas. Profit (as reported) more than doubled year over year to $15.4 million (or 45 cents a share), powered by a double-digit expansion in sales. The year ago quarter’s profit was hit by a hefty (roughly $8 million) relocation charge. Hanger recorded modest relocation expenses in the third quarter. Revenues &#38; Margins Net sales surged 13.8% year over year to $235.3 million, just missing the Zacks Consensus Estimate of $236 million. Revenue growth ]]></description>
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		<title>(HGR) Hanger Orthopedic Adopts NextGen Healthcare Solutions</title>
		<link>http://www.stockbloghub.com/2011/06/16/hgr-hanger-orthopedic-adopts-nextgen-healthcare-solutions/76599</link>
		<comments>http://www.stockbloghub.com/2011/06/16/hgr-hanger-orthopedic-adopts-nextgen-healthcare-solutions/76599#comments</comments>
		<pubDate>Thu, 16 Jun 2011 21:57:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76599</guid>
		<description><![CDATA[Leading orthotic and prosthetic (O&#38;P) company Hanger Orthopedic (HGR) has partnered with NextGen Healthcare, the wholly-owned subsidiary of Quality Systems’ (QSII). Under the collaboration, Hanger will implement NextGen’s Ambulatory electronic health record (“EHR”) and Practice Management solutions to automate clinical and operational workflows (such as medical records, billing and scheduling) across hundreds of patient care centers. NextGen’s integrated Ambulatory Practice Management and EHR products enable coordination of patient care with formalized clinical and administrative workflows in any health care facility. Moreover, the company’s in-patient products such as NextGen Financials and NextGen Clinicals have extended its services to community and rural hospitals. Hanger leads in the O&#38;P patient care services market, operating through more than 675 patient care centers across the U.S. The company is enjoying healthy demand for its services. ]]></description>
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		<title>(HGR) Hanger Orthopedic Analyst Maintains Outperform on Shares</title>
		<link>http://www.stockbloghub.com/2011/06/05/hgr-hanger-orthopedic-analyst-maintains-outperform-on-shares/74198</link>
		<comments>http://www.stockbloghub.com/2011/06/05/hgr-hanger-orthopedic-analyst-maintains-outperform-on-shares/74198#comments</comments>
		<pubDate>Mon, 06 Jun 2011 04:11:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74198</guid>
		<description><![CDATA[We reaffirm our Outperform rating on orthotic and prosthetic (O&#38;P) company Hanger Orthopedic (HGR)  as we remain upbeat about its business prospects. Earnings for first-quarter fiscal 2011 matched the Zacks Consensus Estimate while profit skyrocketed 55% year over year owing to the combined impact of higher revenues and management’s cost containment initiatives. Healthy contributions from the company’s therapeutic solutions and distribution businesses coupled with the acquisition of rehabilitation technologies provider Accelerated Care Plus (“ACP”) fueled double-digit growth in the top line. However, sales missed the Zacks Consensus Estimate. Hanger’s patient care business was negatively impacted by inclement weather. The company raised its earnings forecast for fiscal 2011 while maintaining its sales expectation for the year. Moreover, it remains optimistic about the growth prospects in its patient care business for the ]]></description>
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		<title>(HGR) Hanger Orthopedic Quarterly Earnings Beats &#8211; Profit Slides</title>
		<link>http://www.stockbloghub.com/2010/11/03/hgr-hanger-orthopedic-quarterly-earnings-beats-profit-slides/57042</link>
		<comments>http://www.stockbloghub.com/2010/11/03/hgr-hanger-orthopedic-quarterly-earnings-beats-profit-slides/57042#comments</comments>
		<pubDate>Wed, 03 Nov 2010 15:29:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=57042</guid>
		<description><![CDATA[Hanger Orthopedic (HGR) posted adjusted earnings per share of 37 cents for third quarter fiscal 2010, beating the Zacks Consensus Estimate of 35 cents and exceeding the year-ago earnings of 30 cents. The adjusted earnings exclude costs (of $8 million) associated with the relocation of the company’s corporate headquarters and charges (of $0.6 million) related to the recently announced acquisition of Nevada-based rehabilitation technologies provider Accelerated Care Plus (&#8220;ACP&#8221;). Net income slid 28% year-over-year to $6.9 million (or 21 cents a share) largely on account of the hefty relocation costs. Revenues &#38; Margins Net sales rose 7.5% year-over-year to $206.7 million, modestly trailing the Zacks Consensus Estimate of $207 million. Sales improved on the back of higher revenues from same-center at patient-care segment (up 4.1%), company’s distribution segments (up 10.5%) ]]></description>
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		<item>
		<title>(HGR) Hanger Orthopedic Group Analyst Maintains Outperform</title>
		<link>http://www.stockbloghub.com/2010/05/24/hgr-hanger-orthopedic-group-analyst-maintains-outperform/38151</link>
		<comments>http://www.stockbloghub.com/2010/05/24/hgr-hanger-orthopedic-group-analyst-maintains-outperform/38151#comments</comments>
		<pubDate>Mon, 24 May 2010 20:51:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38151</guid>
		<description><![CDATA[We reiterate our ‘Outperform’ rating on Hanger Orthopedic Group, Inc. (HGR) with a target price of $21 based on a P/E of 16.4x our fiscal 2010 EPS estimate of $1.28. The company’s results for the first quarter fiscal 2010 were outstanding with growth witnessed across all parameters. Hanger reported first quarter fiscal 2010 earnings per share of 16 cents, in line with the Zacks Consensus Estimate and higher than the year-ago earnings of 14 cents. Net sales for the first quarter increased 5.4% year-over-year to $178.3 million. Growth can be primarily attributed to higher same-center sales at patient care centers, higher demand for the company’s distribution segment and acquisitions. Patient-care services and distribution segments contributed 87.5% and 12.2% to total sales, respectively. In terms of payor mix: Commercial and other, ]]></description>
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		<title>(HGR) Hanger Orthopedic Group Reports Earnings In Line With Expectations</title>
		<link>http://www.stockbloghub.com/2010/04/29/hgr-hanger-orthopedic-group-reports-earnings-in-line-with-expectations/35453</link>
		<comments>http://www.stockbloghub.com/2010/04/29/hgr-hanger-orthopedic-group-reports-earnings-in-line-with-expectations/35453#comments</comments>
		<pubDate>Thu, 29 Apr 2010 14:15:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35453</guid>
		<description><![CDATA[Hanger Orthopedic Group, Inc. (HGR) reported first quarter fiscal 2010 earnings per share of 16 cents, in line with the Zacks Consensus Estimate and higher than the year-ago earnings of 14 cents. Sales Net sales for the first quarter increased 5.4% year over year to $178.3 million. Growth can be primarily attributed to higher same-center sales at patient care centers, higher demand for the company’s distribution segment and acquisitions. Patient-care services and distribution segments contributed 87.5% and 12.2% to total sales, respectively. In terms of payor mix: Commercial and other, Medicare, Medicaid and VA contributed 59.4%, 28.3%, 6.8% and 5.5% to total revenues, respectively. Margins Hanger witnessed an expansion in margins in the first quarter. Gross margin increased 10 basis points (bps) year over year to 69.9%. Excluding the office ]]></description>
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		<title>(HGR) Hanger Orthopedic Group Beats Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2010/02/17/hgr-hanger-orthopedic-group-beats-consensus-estimates/28243</link>
		<comments>http://www.stockbloghub.com/2010/02/17/hgr-hanger-orthopedic-group-beats-consensus-estimates/28243#comments</comments>
		<pubDate>Wed, 17 Feb 2010 22:48:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28243</guid>
		<description><![CDATA[Hanger Orthopedic Group, Inc. (HGR) reported fourth quarter and full fiscal 2009 results. For the fourth quarter, earnings per share were 37 cents, beating the Zacks Consensus Estimate of 36 cents and the year-ago earnings of 26 cents. For fiscal 2009, earnings per share were $1.13, higher than the year-ago earnings of 86 cents. Quarterly results Net sales for the fourth quarter increased 10.6% year over year to $205.1 million. Growth can be primarily attributed to higher same-center sales of patient care centers, higher demand for the company’s distribution segment and acquisitions. Hanger witnessed an expansion in margins in the fourth quarter. Gross margin increased 60 basis points (bps) year over year to 71.0%. Operating margin increased 160 bps year over year to 13.4%. Fiscal year results Total revenues in ]]></description>
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		<title>(HGR) Hanger Orthopedic Group Beats Earnings Consensus</title>
		<link>http://www.stockbloghub.com/2009/10/27/hgr-hanger-orthopedic-group-beats-earnings-consensus/18953</link>
		<comments>http://www.stockbloghub.com/2009/10/27/hgr-hanger-orthopedic-group-beats-earnings-consensus/18953#comments</comments>
		<pubDate>Wed, 28 Oct 2009 01:23:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18953</guid>
		<description><![CDATA[Hanger Orthopedic Group, Inc. (HGR) yesterday reported financial results for the third quarter of fiscal 2009 after market close. Earnings per share were 30 cents, beating the Zacks Consensus Estimate of 27 cents and the year-ago earnings of 23 cents. Sales Net sales for the quarter increased 7.6% year over year to $192.3 million. Growth can be primarily attributed to higher same-center sales of patient care centers, higher demand for the company’s distribution segment and acquisitions. Patient-care services contributed approximately 88% to total sales while the remaining came from the distribution segment. Margins Gross margin declined 70 basis points (bps) year over year to 69.4% in the reported quarter due to higher cost of raw materials. However, strong sales and the company’s expense management initiatives helped it to increase operating ]]></description>
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		<title>(HGR) Hanger Orthopedic Group on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2009/10/12/hgr-hanger-orthopedic-group-on-acquisition-spree/17391</link>
		<comments>http://www.stockbloghub.com/2009/10/12/hgr-hanger-orthopedic-group-on-acquisition-spree/17391#comments</comments>
		<pubDate>Mon, 12 Oct 2009 17:04:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17391</guid>
		<description><![CDATA[Hanger Orthopedic Group, Inc. (HGR) recently made three acquisitions totaling $10.7 million in annual net revenues. These acquisitions are: Creative Orthotics &#38; Prosthetics, Inc.; Custom Orthopedics of Wyoming; and certain orthotics and prosthetics assets from the Hospital of the University of Pennsylvania. These acquisitions will enable Hanger to add patient care centers to its existing markets in New York, Wyoming and Pennsylvania. Hanger will fund these acquisitions from internally generated cash flows. It is estimated that the acquisitions will be accretive to Hanger’s earnings once the integration process is over. The acquisitions strengthen Hanger’s leadership position in the orthotic and prosthetic (O&#38;P) market and bolster its top-line. Hanger Orthopedic Group, based in Bethesda, MD, provides orthotic and prosthetic patient care services through its 671 patient care centers in the U.S. ]]></description>
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