Who owns who-see new additions/comments

Who owns who-see new additions/comments

Here's another update...One reason for this topic is to dispell
rumors that are out there. Thanks to those who have helped!

Here's the current (alphabetical order) list of who owns who: Please contact
me immediately if you see anything that is incorrect.

Becker owns Oregon Orthotic Systems
Becker owns 50% Scott Orthopedic Labs
Blatchford owns 66% of CaTech
Blatchford owns 80% of Endolite North America
Cascade Orthopedic (the distributor in N.Calif.) has NO relationship with
Cascade Prosthetics and Orthotics of Washington, (which makes DAFOs and is
owned by a fellow CPO)
Chase Financial is major stockholder of Hanger
Chase Financial owns Don Joy
Fillauer owns Hosmer Dorrance
Fillauer own Motion Control
FlexFoot owns Mauch
Hanger owns Dobi Symplex in Florida.
Hanger owns Lennox Hill (knee braces)
Hanger owns MIND Seattle limb systems
Hanger owns the Newington P&O Educational program
Hanger owns Novacare
Hanger owns Ortho Mold
Hanger owns Orthotic Resource Center
Hanger owns Ralph Storrs, Inc. (CASH brace)
Hanger owns SPS
Hanger owns Synetic



New additions that have been submitted: (let me know if incorrect)

Hanger owns OPNET

Larry Bradshaw(works at Becker)&used to chair BOD at National Office)&Kandee
Stephens(used to work at National Office) own O&P Business News

Corrections received:

Four-C owns Campbell Childs(Safe foot) (pending?)

Comments received: These are personal opinions of others.. what are your
thoughts?

    Thanks again for the update. In the last few weeks, I talked with three
different Hanger Managers, from W. Virginia, Georgia, and Florida. All three
claim the Hangerbrass have never told them to buy Hanger owned products or
buy from S.P.S. (although they do get price breaks that reflects in their
monthly bonuses). The manager in Georgia fits all DonJoy knee braces, because
the Dr's insist on them. That was before Hanger owned DonJoy.
     The point is, independent O&P facilities may have no choice but to buy
Hanger products, in view of the Hanger emphasis on detailing Dr's directly,
mailings, ads in Dr's publications, and special deals to the Dr's.
     One more note. When I repped for Hanger in a few years ago, there were
only two of us in the State. There are now four and they are looking for
more. The reps cannot make a commission from Hanger facilities until they
personally detail in that facilities area, Dr's and patient care groups
specificied by the Hanger Manager.
     And. . . I faxed you a letter from S.P.S. to a company I represent. . .
. expanding warehouse. . . millions of dollars in inventory. . . training
new people. . .
     Fact is, Hanger has some of the best, most skilled O&P practitioners in
the world. (and some of them are my best friends) but I see Hanger business
practices as a real threat to our profession. That is why I view your who
owns who so important to all of us.

Although Cascade, the DAFO company, is owned by a CPO, I think it is
interesting and of concern to the O&P profession to note that the majority
of their business is with Physical Therapist and not the O&P professional.
Although you are often times asked to make adjustments to their products,
they are billing third party insurances and bypassing the orthotist most of
the time. You might want to consider alternative sources for these types of
products and services unless you enjoy having the PTs entering the orthotic
business.