Tag: O&P

WATERLOO, Iowa – Orthotic Prosthetic Group of America (OPGA) and Össur have announced the recipients of two O&P grants. Kaleigh Neely has been selected as the 2023 recipient of the Russell Walker CP, LP Emerging Leader Grant; and Abbey Senczyszyn, CPO, has been selected as the recipient of the Todd Eagen Advocacy in Action Memorial Grant. “On behalf of Össur and OPGA, we are privileged to announce Kaleigh and Abbey as the recipients of these two grants that will provide professional...

Adam Miller doesn’t have a background in orthotics and prosthetics, but in his new role as president of VGM’s Orthotic and Prosthetic Group of America, he stands ready to support members in any way they need.  “They are the best in the world at providing expert clinical care to patients and doing it for the right reasons,” he said. “I can’t tell an orthotist or prosthetist how to better fit a patient, but I can sure help them when it comes to buying products...

AUSTIN, Texas – Hanger, a national provider of O&P, has entered into an agreement to be acquired by Patient Square Capital, a dedicated health care investment firm, for approximately $1.25 billion.  Under the terms of the agreement, Hanger stockholders will receive $18.75 in cash per share, representing an approximate 29% premium to the 30-calendar day volume-weighted average price (VWAP) ending July 20, 2022. Upon completion of the transaction, Hanger will become a privately held company...

AUSTIN, Texas – Hanger, a national provider of O&P, announced today that it has entered into an agreement to be acquired by Patient Square Capital, a dedicated health care investment firm, for approximately $1.25 billion.  Under the terms of the agreement, Hanger stockholders will receive $18.75 in cash per share, representing an approximate 29% premium to the 30-calendar day volume-weighted average price (VWAP) ending July 20, 2022. Upon completion of the transaction, Hanger will become...

YOUNGSTOWN, Ohio – Cailor Fleming Insurance and VGM Specialty Underwriters have formed an exclusive partnership to meet the needs of members of the American Orthotic and Prosthetic Association, and the O&P and pedorthic professions. “Creating this partnership allows us to serve O&P providers in an even greater capacity,” said Don Foley, owner/operator, Cailor Fleming Insurance. “We’ve developed tailored products and coverage options for the unique needs of...

KANSAS CITY – Knit-Rite and Therafirm have been acquired by Thuasne, a European medical device manufacturer with 2,200 employees and 233 million euros in revenues in 2019. Knit-Rite and Therafirm, which represent Thuasne’s fourth largest acquisition in the United States in 10 years, solidify the company’s presence in the O&P and compression markets, and open up a new market, devices for orthopedic prothesis (post-amputation prosthetic socks and prosthetic...

MIAMI - HomeCare Connect has been chosen by Broadspire as its preferred partner for prosthetics and custom orthotics. The partnership will provide specialized care management services for injured workers who have undergone amputations. “We appreciate the specialized care and cost containment this partnership brings to our clients and the injured workers we advocate for,” said Erica Fichter, senior vice president of medical management for Broadspire, an independent provider of claims management...

OWINGS MILLS, Md. - The Board of Certification/Accreditation (BOC) is accepting nominations for the Jim Newberry Award for Extraordinary Service. The award is named after longtime practitioner, BOC board member and leader James Newberry, Jr., BOCP, BOCO, BOCPD, who passed away in 2016. It recognizes “outstanding individuals who perform extraordinary service to BOC, and who live out the superior example modeled by Newberry during his more than four decades in O&P.” Winners may include,...

ALEXANDRIA, Va. - The American Orthotics & Prosthetics Association has received word that CMS has issued instructions to the DME MACs to immediately implement provisions that require the notes of orthotists and prosthetists to be recognized as part of the medical record. In early May, the MACs retired the “Dear Physician” letter for artificial limbs. The letter, originally published in 2011, dramatically changed the standards for approving a prosthetic claim, leading to higher denial...

BETHLEHEM, Pa. - Boas Surgical, a provider of prosthetics and orthotics, has acquired Wyoming Valley Prosthetics and Orthotics in Swoyersville, according to The Morning Call. Boas Surgical will continue to operate the Swoyersville location under the Boas Surgical name, adding six employees from Wyoming Valley Prosthetics and Orthotics to its roster, for a total of 38 employees, according to the newspaper. Boas Surgical, headquartered here, has a total of eight locations in Pennsylvania. It also has...