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. (symbol: HSIC) is the world's largest provider of healthcare products and services to office-based dental, animal health, and medical practitioners. As a Fortune 500® company and a member of the S&P 500® and NASDAQ 100® indexes, Henry Schein employs more than 18,000 team members and serves over one million customers globally. The company's offerings extend to dental laboratories, government and institutional healthcare clinics, and other alternate care sites.
Henry Schein operates through a centralized and automated distribution network, offering a comprehensive selection of more than 100,000 branded products and private-label products, as well as over 150,000 additional products available as special-order items.
The company is organized into two main segments: Healthcare Distribution and Technology & Value-Added Services. The Healthcare Distribution segment focuses on distributing consumable products, small equipment, and laboratory products. The Technology & Value-Added Services segment provides innovative software solutions and other technology services designed to help healthcare practitioners run their practices more efficiently and deliver high-quality care.
In recent years, Henry Schein has achieved significant milestones, including expanding its product range and forming strategic partnerships to enhance its service offerings. The company continues to innovate with exclusive technology solutions aimed at improving practice management and patient care.
Henry Schein, Inc. (Nasdaq: HSIC) will announce its Q1 2023 financial results on May 9, 2023, before the market opens. The earnings conference call is set for 10:00 a.m. Eastern time, featuring CEO Stanley M. Bergman and CFO Ronald N. South. Investors can access the live webcast at www.henryschein.com/IRwebcasts.
Henry Schein is the largest provider of health care solutions for dental and medical practitioners, serving over 1 million customers with more than 300 solutions. The company, headquartered in Melville, N.Y., reported $12.6 billion in sales in 2022 and operates in 32 countries. For more information, visit www.henryschein.com.
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.
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.
FAQ
What is the current stock price of Henry Schein (HSIC)?
What is the market cap of Henry Schein (HSIC)?
What does Henry Schein Inc. do?
How many team members does Henry Schein employ?
What segments does Henry Schein operate in?
How many products does Henry Schein offer?
Who are Henry Schein's primary customers?
What kind of technology solutions does Henry Schein provide?
Is Henry Schein a Fortune 500 company?
What stock market indexes is Henry Schein a part of?
How many customers does Henry Schein serve?
Does Henry Schein have any recent achievements?
