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Home/Company News/Pete Stoy: New Chief Operating Officer at Hanger
Company News

Pete Stoy: New Chief Operating Officer at Hanger

November 19, 2020 1 min read Premium comments

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Pete Stoy: New Chief Operating Officer at Hanger
Pete Stoy / Courtesy of Hanger, Inc.
#hangerincSecondary#petestoy

Pete Stoy, an executive with nearly 20 years of healthcare experienced, has joined Austin, Texas-based Hanger, Inc. as Chief Operating Officer (COO) of the Patient Care segment.

A Fellow of the American College of Healthcare Executives, Stoy has led large-scale commercial, operational, supply chain, and finance functions. He is experienced with managing strategic relationships at senior levels in some of the country’s largest integrated healthcare delivery systems.

Most recently, Story was at Sodexo, where he served as East Region President and was responsible for all operations, including thousands of provider and hospital-based support service employees. Prior to this role, Stoy served in leadership positions at McKesson where he oversaw the multi-billion dollar McKesson U.S. Pharmaceutical Health System segment, and also held senior positions in hospital sales and pharmaceutical distribution during his 13 years at Cardinal Health.

According to Hanger, “The new position of Chief Operating Officer aligns the Company’s Patient Care segment to reflect the increasing complexity, growth opportunities, and interdependencies of clinic operations, sales, marketing, supply chain management, as well as strategic oversight of Hanger’s corporate and business development programs.”

“Pete is a customer-centered leader with exceptional relationships across many large healthcare systems and the healthcare supply chain,” said Vinit Asar, company CEO. “For Hanger, he brings a keen focus and passion to the patient care experience, which is critical to achieving our goal of empowering human potential. I am looking forward to working with him as we continue to lead our profession by providing superior patient care, outcomes, services and value.”

Pete Story commented to OTW, “I’m looking forward to assuming the newly created role of COO for Hanger, a company with a long history of dedication to patient-focused care and innovation. As a veteran of other industry-leading healthcare organizations, I understand the complexities of balancing day-to-day operations and long-term strategy in the evolving healthcare landscape, and I look forward to learning more about the particularities of the O&P [orthotics and prosthetics] industry and collaborating with my new colleagues at Hanger.”

React:

Discussion

14
DS
Dr. Sarah MitchellOrthopedic Surgeon · Mayo Clinic

This is a fascinating development. In my practice we've seen similar outcomes with the revised protocol. The key differentiator seems to be patient selection criteria. Has anyone else noticed the correlation with BMI thresholds?

8
JT
James Thornton, MDSpine Fellow · HSS

Great point. I'd push back slightly on the conclusion, the sample size in the cited study is too small to draw population-level inferences. That said, the directional signal is compelling and worth a larger RCT.

5
RP
R. PatelSports Medicine · Stanford

We implemented a similar approach last year. Early results are promising but we're still gathering 12-month follow-up data. Happy to share our protocol if anyone is interested.

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