- Henry Schein ( NASDAQ: HSIC ) on Thursday said that its subsidiary, eAssist Dental Solutions has acquired a majority interest in Arizon-based Unitas PPO Solutions (Unitas), a privately held service provider that works with dental practices.
- The strategic acquisition of long-standing referral partner complements eAssist Dental Solutions, helps to improve critical dental practice insurance and billing functions.
- The addition of Unitas complements eAssist’s revenue cycle offering.
- The move not only advances and accelerates the development of value-added services offered by Henry Schein Dental but also further strengthens the company’s commitment to be a trusted advisor to customers.
- Together, eAssist and Unitas bring new opportunities to help customers deliver effective and predictable business outcomes to enable an exceptional patient experience.
- Mr. Alder will continue to manage the Unitas business as Chief Executive Officer, along with the current Unitas management team.
- The deal is expected to be neutral to Henry Schein’s 2022 diluted earnings per share and to be accretive thereafter.
- The financial terms of the transaction were not disclosed.
For further details see:
Henry Schein unit acquires majority interest in Unitas PPO Solutions