Welcome to our dedicated page for Henry Schein news (Ticker: HSIC), a resource for investors and traders seeking the latest updates and insights on Henry Schein stock.
Henry Schein, Inc. reports developments across its health care distribution, practice solutions, and dental technology businesses. The company serves office-based dental and medical practitioners, dental laboratories, government and institutional health care clinics, and other alternate care sites through business, clinical, technology, and supply chain solutions.
Recurring news themes include earnings releases, financial guidance, investor conference participation, board and executive governance updates, and product announcements from Henry Schein One. Recent technology coverage centers on Dentrix Ascend, a cloud-based dental platform that integrates practice management, clinical workflows, imaging, revenue cycle management, analytics, patient experience tools, and AI-enabled workflow capabilities.
Henry Schein, the world's largest provider of healthcare solutions for dental and medical practitioners, will present at the Bank of America Healthcare Conference in Las Vegas on May 10, 2023, at 1:40 p.m. Pacific time. The presentation can be accessed via live webcast, with replays available afterward. The company serves over 1 million customers globally, leveraging a network of more than 22,000 Team Schein Members and offering over 300 solutions to enhance operational success and clinical outcomes. Headquartered in Melville, NY, Henry Schein reported sales of $12.6 billion in 2022 and has experienced a compound annual growth rate of approximately 12.1 percent since going public in 1995.
Henry Schein (NASDAQ: HSIC) launched the Practice Green initiative on Earth Day 2023, aimed at promoting sustainability among health care professionals in the U.S. and Canada. Building on its Global Reflections® Program since 2008, Practice Green provides eco-friendly services, solutions, and support for dental and medical practitioners to adopt sustainable practices. The initiative includes a selection of 'green' dental products and aims for continuous expansion. Additionally, Henry Schein announced carbon neutral shipping in the U.S. for April, enhancing its commitment to environmental responsibility. The company is also working towards net-zero global emissions by 2050 and has formed an Environmental Impact Council to guide its sustainability efforts.
Henry Schein, Inc. (Nasdaq: HSIC) has announced its support for the Carry The Load® Memorial May campaign, aimed at honoring U.S. military members, veterans, and first responders. As a national sponsor for the second consecutive year, the company will engage in various commemorative activities throughout May, culminating in the Dallas Memorial March on May 28-29, 2023. Team Schein Members will participate in rallies and the National Relay, starting from April 27, 2023. The initiative coincides with the organization's mission to raise awareness about the sacrifices made by service members and their families. Key events are scheduled in several U.S. cities including Melville, Los Angeles, Chicago, and Greenville. The program underscores Henry Schein's commitment to supporting veterans and enhancing community engagement.
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Henry Schein, the largest provider of healthcare solutions for dental and medical practitioners, has acquired a majority stake in Biotech Dental S.A.S., a growing provider of dental implants and software based in France. Announced on December 16, 2022, this acquisition aims to enhance Henry Schein's digital dental solutions portfolio. Biotech Dental's offerings include innovative software for planning and diagnostics, and its revenue was approximately $100 million in 2022. The acquisition is expected to slightly dilute earnings per share in 2023 due to non-cash adjustments. Both companies aim to improve clinical outcomes and streamline workflows for dental professionals.
Henry Schein, Inc. (NASDAQ: HSIC) announced its participation in the 2023 ADSO Annual Summit in Orlando, Florida, from March 28-31. The event focuses on shaping the future of dentistry through discussions on intrapreneurship and procurement innovations. Key executives, including CEO Stanley Bergman, will share insights into the evolving dental landscape. Additionally, the company's corporate social responsibility program will host a hygiene kit-packing event to aid those affected by global crises. With $12.6 billion in sales in 2022, Henry Schein continues to be a leader in health care solutions.
Henry Schein (Nasdaq: HSIC) will host a pre-conference program on March 28 from 2:30 – 5:30 PM at the 2023 ADSO Annual Summit in Melville, N.Y.. The program, titled “Innovative Solutions for Unprecedented Times,” features CEO Stanley Bergman and Jeannie Diefenderfer from the Higher Ambition Leadership Alliance. Discussions will focus on leveraging technology and purpose-driven business strategies to enhance practice performance.
The event includes a keynote by Silvia Vasquez-Lavado and aims to connect group practice leaders with innovative solutions to improve patient care and business success.
Henry Schein Inc. has integrated AI technologies into its cloud-based practice management software, Dentrix Ascend, enhancing efficiency in dental practices. The new features include Dentrix Ascend Detect AI, an FDA-cleared tool for real-time X-ray analysis that aids in diagnosis and treatment recommendations, improving case acceptance and patient care. The Dentrix Ascend Voice tool enables faster data entry through voice recognition, thereby increasing productivity during exams. This integration is part of Henry Schein's commitment to leverage AI for better patient outcomes and operational efficiency.
Henry Schein Inc. (NASDAQ: HSIC) will present its innovative solutions during the 2023 International Dental Show in Cologne, Germany, from March 14 to 18, 2023. CEO Stanley M. Bergman will lead a media briefing on digital dentistry advancements, focusing on integration of data, devices, and software. The company will exhibit a broad range of healthcare solutions aimed at enhancing dental practice efficiency and patient care. Notable products include orthodontic supplies, dental handpieces, surgical supplies, and minimally invasive solutions. Special presentations by industry leaders such as Prof. Irena Sailer and Prof. Gianluca Gambarini will also take place throughout the event.
Henry Schein has been named one of the 2023 World’s Most Ethical Companies by Ethisphere, marking the 12th consecutive year of recognition. The company, which specializes in health care solutions for dental and medical practitioners, is the sole honoree in the Healthcare Products industry. This year, 135 companies were recognized across 19 countries and 46 industries. CEO Stanley M. Bergman emphasized the company's commitment to stakeholders and social responsibility, addressing issues like climate change and health equity. Henry Schein's sales reached $12.6 billion in 2022, exhibiting a compound annual growth rate of approximately 12.1% since its IPO in 1995.