Standard and Poor's Rating Services changes its outlook on Md.-

Daily Record, The (Baltimore), Mar 30, 2007 by Maryland Daily Record Staff

Standard & Poor's Ratings Services said it revised its outlook on Hanger Orthopedic Group Inc., of Bethesda, which owns orthotic and prosthetic rehabilitation centers, to stable from negative. At the same time, Standard & Poor's affirmed its ratings, including the "B" corporate credit rating, on Hanger.

"The outlook revision reflects improvements in the reimbursement environment for Hanger's services in 2007, the company's ability to stabilize its operating cash flow in 2006, and our belief that Hanger's performance in 2007 should be at least as good as it was in 2006," explained Standard & Poor's credit analyst Jesse Juliano.