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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) has opened the Henry Schein Cares Foundation 2024 Relief Fund to support the Southeast U.S. in the wake of Hurricane Helene. The company is committing up to $500,000 in cash and essential health care supplies to aid relief efforts. This includes:
- $25,000 each from the Company and Henry Schein Cares Foundation
- Up to $50,000 in matching TSM contributions
- Up to $350,000 in donated health care supplies
The relief fund aims to provide critical supplies and resources to affected communities. Dental and medical professionals impacted by the hurricane can call 800-999-9729 for assistance. Donations to the relief fund can be made at www.henryschein.com/foundationdonate.
Henry Schein, Inc. (Nasdaq: HSIC) has announced the launch of its 2024 Practice Pink® program, a global initiative that has raised over $2 million in the past 18 years to support cancer awareness and research. The program, part of Henry Schein Cares, offers pink products including healthcare consumables, practice supplies, and apparel to dental and medical professionals across North America and Europe.
Through partnerships with NGOs and supplier partners, the Practice Pink program supports cancer research and prevention efforts. It benefits organizations such as the American Cancer Society in the US and various European organizations like ALADINA, KiKa, LILT, and Odyssea. The initiative demonstrates Henry Schein's commitment to corporate citizenship and leverages public-private partnerships to advance cancer research and provide support to those affected by cancer.
Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, has announced its plans to release third quarter 2024 financial results. The company will unveil these results before the stock market opens on Tuesday, November 5, 2024.
Following the release, Henry Schein will host a live webcast of its earnings conference call at 10:00 a.m. Eastern time on the same day. The call will feature key speakers including Stanley M. Bergman, Chairman of the Board and Chief Executive Officer, and Ronald N. South, Senior Vice President and Chief Financial Officer.
Investors can access the webcast at https://investor.henryschein.com/webcasts. A replay of the presentation will be made available on the Henry Schein website after the event.
Henry Schein, Inc. (Nasdaq: HSIC) has announced the completion of its fourth 'We Care Global Challenge,' where over 2,300 Team Schein Members (TSMs) assembled nearly 23,000 hygiene kits for families with children facing serious medical illnesses. The kits, containing personal hygiene and comfort items, will be distributed to Ronald McDonald House Charities globally in partnership with Heart to Heart International.
TSMs from the U.S., Australia, Canada, China, Ireland, and the UK participated in the initiative, which aligns with the company's mission of 'helping health happen' for people and communities in need. Since the program's inception in 2018, Henry Schein has built nearly 93,000 kits, benefiting various organizations worldwide. The We Care Global Challenge is part of Henry Schein Cares, the company's global corporate citizenship program.
Henry Schein, Inc. (Nasdaq: HSIC) has opened its Customer Assistance Hotline for dentists and physicians who may be affected by Hurricane Helene. The toll-free number 800-999-9729 is available 24/7, with real-time assistance from 8 a.m. to 8 p.m. Eastern Time. Stanley M. Bergman, Chairman and CEO, emphasized the company's commitment to supporting customers during emergencies.
Henry Schein offers resources to help practices prepare for and recover from natural disasters, including an Emergency Preparedness Guide and an Emergency Recovery Guide. These tools aim to minimize the impact of disasters and assist in rebuilding practices. The hotline remains open year-round to provide support during various emergencies.
Henry Schein, Inc. (Nasdaq: HSIC) has launched 'Prepare to Care', an initiative of the Henry Schein Cares Foundation (HSCF) to enhance emergency preparedness and relief efforts. The program involves pre-positioning health care supplies and cash donations with five trusted NGO relief agency partners: Americares, Direct Relief, Heart to Heart International, Project C.U.R.E., and Project HOPE.
Each partner will receive a $10,000 cash grant and the ability to select $25,000 in essential health care products from the Henry Schein Brand Products catalog. These resources will be strategically located at partner warehouses for rapid deployment to areas of need. The initiative aims to improve response times during emergencies, supporting health care professionals in providing critical care.
Henry Schein (Nasdaq: HSIC) has been named to FORTUNE® magazine's 'Change the World' list for its innovative emergency preparedness and response strategy supporting healthcare professionals and communities globally. The company's approach includes:
1. Donating and pre-positioning supplies
2. Partnering with stakeholders on disaster response
3. Catalyzing public-private partnerships
4. Supporting healthcare professionals
This marks Henry Schein's fourth appearance on the list, previously recognized for expanding access to oral health care (2018), co-founding the Pandemic Supply Chain Network (2020), and advancing health equity for individuals with disabilities (2022). The 'Change the World' list celebrates companies that align business strengths with societal needs to effect positive change.
CareQuest Innovation Partners, Colgate-Palmolive Company, Henry Schein, and PDS Health are partnering to create the first-ever Oral Health Pavilion at HLTH 2024. This initiative aims to spotlight the connection between oral health and overall health, showcasing innovation in clinical practice and preventive self-care.
The pavilion will demonstrate the dental practice of the future, highlighting medical-dental integration and its potential to improve patient care, reduce costs, and enhance health equity. Attendees will experience various stages of a patient's oral health journey, including minimally invasive treatments and at-home solutions.
The event will also feature a 'Demo Day' showcasing innovative startups from CareQuest's SMILE Health accelerator. Industry panels will discuss the importance of integrating oral health into primary care and potential solutions for current healthcare challenges.
Henry Schein (Nasdaq: HSIC) has secured an exclusive distribution agreement with Swiss company vVARDIS for their Curodont™ Repair Fluoride Plus product to larger dental service organizations (DSOs) in the U.S. This innovative, drill-free solution addresses early-stage tooth decay, aiding in preventive treatment of cavity progression.
The partnership aims to expand patient care with a non-invasive approach, as nearly 80% of patients show signs of early decay. Henry Schein's CEO, Stanley M. Bergman, emphasized the product's ability to treat early-stage caries non-invasively and on the same day. The agreement complements Henry Schein One's Dentrix® Detect AI, an AI-enabled X-ray analysis tool introduced in late 2022, which can detect incipient carious lesions more accurately than the naked eye.
Henry Schein (Nasdaq: HSIC) will participate in the FDI World Dental Congress 2024 in Istanbul, Turkey, from September 12-15, 2024. Key highlights include:
1. Unveiling of FDI's Electronic Health Record (EHR) Task Team's Consensus Statement on EHR interoperability.
2. Presentation on 'Interprofessional Collaboration: Reforming Health Systems Through Electronic Health Records' by Dr. Ryan Hungate, Chief Clinical Officer at Henry Schein One.
3. Second edition of the Young Dentists Forum, supporting the next generation of dental professionals.
4. Full-day learning and networking session by the FDI Section of Women Dentists Worldwide.
5. Panel discussion on the economic benefits of investing in oral health, as part of the World Economic Forum's Oral Health Affinity Group initiative.
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