Welcome to our dedicated page for Patterson Cos news (Ticker: PDCO), a resource for investors and traders seeking the latest updates and insights on Patterson Cos stock.
Patterson Companies, Inc. (Nasdaq: PDCO) is a specialty distributor focused on the dental and animal health markets, connecting customers in North America and the U.K. to products, technologies, services and business solutions. The PDCO news feed highlights company announcements, financial updates and corporate developments that shape the outlook for this health care distributor.
News about Patterson Companies includes earnings releases that discuss segment performance in dental and animal health, internal sales trends and value-added services. These updates provide detail on how the dental and animal health segments are performing and how factors such as market conditions or external events affect the business. Company communications also cover strategic reviews, guidance updates and capital allocation decisions.
Corporate transaction news is a key theme for PDCO. Patterson has announced a definitive agreement to be acquired by Patient Square Capital, and subsequent updates describe the progress of this transaction, including the expiration of a go-shop period and shareholder approval of the acquisition. Index provider announcements also note that Patterson will be removed from the S&P SmallCap 600 index in connection with this transaction.
The PDCO news stream features information on strategic relationships and technology initiatives, such as Patterson Dental’s extended relationship with PDS Health and integrations between Patterson Dental’s practice management software and third-party platforms. For investors and observers following Patterson Companies, this news page brings together developments on its operations, financial performance and the planned transition from a public company to private ownership under Patient Square Capital.
On June 11, 2024, Patterson Companies (Nasdaq: PDCO) announced a regular quarterly cash dividend of $0.26 per share.
The dividend is scheduled to be paid on August 2, 2024, for shareholders of record as of July 19, 2024.
Wellfit Technologies has announced a partnership with Patterson Dental to launch CarePay+, a platform aimed at optimizing patient care and payment management in dental practices.
CarePay+ integrates Wellfit’s healthcare SaaS management with Patterson Dental’s Eaglesoft practice management software. The platform is designed to offer a more convenient and transparent financing experience, addressing modern patient expectations.
CarePay+ is now available to all new and existing Eaglesoft customers. Both companies' executives have expressed their enthusiasm for the collaboration and its potential to enhance the dental practice operational efficiency and patient engagement.
Patterson Veterinary Supply announced a partnership with Weave, an all-in-one software platform for healthcare practices, including veterinary clinics. This collaboration aims to enhance customer engagement and streamline operations through automated interactions, marketing, scheduling, appointment reminders, and payment systems.
Weave's integration offers various user-friendly features such as Call Pop, Missed Call Texts, and Practice Analytics, leveraging VoIP phone systems. The addition of Weave to Patterson's portfolio is expected to bring efficiency and improved client experiences to veterinary practices.
The announcement highlights the commitment of both Patterson Veterinary and Weave to support veterinary practices with advanced, efficiency-driven technology solutions.
Patterson Companies, Inc. announced a leadership transition in its Dental segment as Tim Rogan steps down as President of Patterson Dental. The company is searching for a new leader to drive growth and profitability. Rogan will serve as an advisor during the transition period. The Dental segment will report to the Chief Operating Officer, Kevin Pohlman.
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