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MarketScreener Homepage  >  Equities  >  Nyse  >  Hanger, Inc.    HNGR

HANGER, INC.

(HNGR)
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Hanger : Accelerated Care Plus Announces Exclusive Partnership with Current Health

12/02/2020 | 05:57pm EST

Collaboration to provide ability to monitor, manage and analyze vital signs from post-acute care patients

RENO, Nev. - Dec. 1, 2020 - Accelerated Care Plus (ACP), a Hanger, Inc. (NYSE: HNGR) company, today announced a partnership with Current Health, a global leader in remote healthcare delivery. ACP, the nation's leading provider of specialized rehabilitation technologies and evidence-based clinical solutions for post-acute providers, will distribute Current Health's remote monitoring platform, co-branded as OmniVitals Powered by Current Health, to the post-acute care market through ACP's network of more than 7,000 post-acute care facilities.

'OmniVitals Powered by Current Health provides a strong value proposition to the post-acute care market by equipping facilities with the ability to passively capture continuous vital signs 24/7 with ICU-level accuracy,' shared ACP President Deb Koepsel. 'We are thrilled to partner with Current Health to allow post-acute care facilities the ability to monitor, manage, and engage with their patients like never before.'

OmniVitals Powered by Current Health will leverage Current Health's wearable device to continuously monitor patients' respiration rate, oxygen saturation, mobility and step count, pulse rate, body temperature, and spirometry to provide a full, contextual picture of health. This data, analyzed along with patient-reported symptoms within the Current Health platform, allows care teams to identify patients at risk for disease exacerbation and intervene early. The system is available to ACP customers as of November 2020.

'With the ability to identify at-risk patients earlier, we can help post-acute care facilities more effectively manage patients,' said Current Health Co-Founder and CEO Christopher McCann. 'Integrating remote monitoring into ACP's base of post-acute care facilities helps reduce the patient monitoring burden while exposing otherwise undetected health events, allowing for more proactive intervention.'

For more information on OmniVitals Powered by Current Health, visit https://acplus.com/omnivitals-powered-current-health.

About Accelerated Care Plus

Based in Reno, Nevada, Accelerated Care Plus (ACP), a subsidiary of Hanger, Inc. (NYSE: HNGR), is the nation's leading rehabilitation solutions provider. ACP provides interconnected rehabilitation technologies and the guidance of more than 100 expert physical, occupational, and speech language therapists to help its partners enhance patient outcomes. ACP also provides industry-leading top-rated customer support and clinical services, continuing education, and turn-key marketing solutions. For more information, visit https://acplus.com/.

About Current Health

Current Health provides the leading remote healthcare platform to help monitor, manage, and engage patients at home. Current Health combines a continuous, ICU-accurate wearable vital signs sensor, connectivity with other devices, symptom chatbot and video visits into a single platform. Powered by advanced analytics, Current Health's platform offers healthcare providers the real-time insights they need to make proactive and informed decisions about patient care. As a result, providers can improve patient outcomes and experiences, while reducing the cost of healthcare delivery. For more information, visit https://www.currenthealth.com/ and follow us on Twitter and LinkedIn.

Disclaimer

Hanger Inc. published this content on 02 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2020 22:56:01 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 985 M - -
Net income 2020 7,60 M - -
Net Debt 2020 - - -
P/E ratio 2020 44,5x
Yield 2020 -
Capitalization 881 M 881 M -
Capi. / Sales 2020 0,89x
Capi. / Sales 2021 0,76x
Nbr of Employees 4 800
Free-Float 94,3%
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Mean consensus BUY
Number of Analysts 2
Average target price 25,50 $
Last Close Price 23,12 $
Spread / Highest target 21,1%
Spread / Average Target 10,3%
Spread / Lowest Target -0,52%
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NameTitle
Vinit K. Asar President, Chief Executive Officer & Director
Christopher B. Begley Non-Executive Chairman
Thomas E. Kiraly Chief Financial Officer & Executive Vice President
C. Scott Ranson Chief Information Officer & EVP-Corporate Services
James H. Campbell Chief Clinical Officer & Senior Vice President
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