|Henry Schein Partners With Ortho2 To Advance Practice Management Software Solutions To Orthodontists|
As a result of the transaction, Henry Schein will own a 50% interest in Ortho2. The transaction, subject to closing conditions, is expected to be neutral to Henry Schein's 2018 diluted earnings per share. Financial terms were not disclosed.
"We welcome our new Ortho2 colleagues to Henry Schein, and look forward to continued success together," said
Founded in 1982 in
"We are delighted to be joining forces with Henry Schein," said
Senior Advisor and past President
Ortho2 Edge Cloud delivers premium practice management, imaging, and communication solutions. It offers all the features needed to run more effectively and efficiently: management, imaging, reminders, education animations, apps, and more. In addition to Edge Cloud, Ortho2 offers a Windows-based product, ViewPoint, which has been making practices more productive since 1998.
"Practice management software is the backbone of an efficient, profitable practice," Mr. Bergman added. "Henry Schein embraces an open architecture approach to all software and advanced technology, which allows for the purchase of products and services that best meet the needs of each individual practice."
For more information on Ortho2, visit www.ortho2.com.
About Henry Schein, Inc.
A Fortune 500® Company and a member of the S&P 500® and the Nasdaq 100® indexes, Henry Schein's network of trusted advisors provides health care professionals with the valued solutions they need to improve operational success and clinical outcomes. The Company offers customers exclusive, innovative products and solutions, including practice management software, e-commerce solutions, specialty and surgical products, as well as a broad range of financial services. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 34 countries. The Company's sales reached a record $12.5 billion in 2017, and have grown at a compound annual rate of approximately 15 percent since Henry Schein became a public company in 1995. For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, and @HenrySchein on Twitter.
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