Hanger Orthopedic Group, Inc. Announces a National Agreement With Government Employees Health Association, Inc. Through Linkia, Its Wholly-Owned Provider Network Management Company
Posted on: Wednesday, 10 September 2008, 12:00 CDT
BETHESDA, Md., Sept. 10 /PRNewswire-FirstCall/ -- Hanger Orthopedic Group, Inc. , 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 needs."
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 http://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 http://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 http://www.ininc.us/. For more information on Hanger, visit http://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, jbittner@hanger.com Ken Abod, (Investor), +1-301-986-0701, kabod@hanger.com
Hanger Orthopedic Group, Inc.
CONTACT: Jennifer Bittner (Press), +1-904-249-4210, jbittner@hanger.com,or Ken Abod, (Investor), +1-301-986-0701, kabod@hanger.com, both of HangerOrthopedic Group, Inc.
Web site: http://www.hanger.com/http://www.ininc.us/http://www.linkia.com/
Source: PRNewswire-FirstCall
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