iCoreConnect Partners With The Dental Marshal to Bring Cloud Software Solutions to Client Dentists

Rhea-AI Summary

iCoreConnect (NASDAQ: ICCT) has announced a new Channel Partner agreement with The Dental Marshal, a dental practice consulting service. Through this partnership, The Dental Marshal will offer iCoreConnect's comprehensive suite of cloud-based SaaS solutions to its dental practice clients. The solutions include iCoreRx for ePrescribing, iCoreVerify for insurance verification, iCorePay for digital payments, and several other specialized dental practice management tools.

The partnership aims to combine The Dental Marshal's organizational expertise with iCoreConnect's technology solutions to enhance dental practice efficiency, streamline revenue cycle management, and improve operational performance.

Positive

• Strategic partnership expands iCoreConnect's distribution channel in the dental sector
• Potential revenue growth through access to The Dental Marshal's client base
• Cross-selling opportunities for multiple SaaS products in the dental practice management space

Negative

• None.

Insights

Market Research Analyst

This partnership with The Dental Marshal, while expanding iCoreConnect's distribution network, appears to be a relatively routine channel partner agreement that's unlikely to have significant immediate financial impact on ICCT's $3.9M market cap. While it could help increase the company's SaaS solution penetration in dental practices, the agreement lacks specific revenue projections or minimum sales commitments. The partnership primarily serves as a marketing channel expansion rather than a transformative deal. The Dental Marshal's focus on practice optimization aligns well with iCoreConnect's software suite, but without disclosed financial terms or clear revenue potential, this news represents more of a tactical business development move than a material market catalyst.

OCOEE, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- iCoreConnect Inc. (NASDAQ: ICCT), a leading provider of cloud-based software and technology solutions, has announced a new Channel Partner agreement with The Dental Marshal, an expert consulting service for dental practice organizations and workplace optimization. The Dental Marshal specializes in facility and supply organization, effective employee delegation, and streamlined workflow management processes.

With this partnership, The Dental Marshal can further empower its customers by providing iCoreConnect’s cloud-based Software-as-a-Service (SaaS) and technology solutions:

• iCoreRx – Cloud ePrescribing + Electronic Prescribing for Controlled Substances (EPCS)
• iCoreVerify – Automated Insurance Verification
• iCoreVerifyPro – Full-Service Verifications
• iCorePay – Digital Patient Statements, Billing & Payments
• iCoreClaims – Dental Claims & Billing
• iCoreExchange – Encrypted HIPAA Email
• iCoreCodeGenius – Medical Coding for Dental
• iCoreAcademy – Patient Education Video Library
• iCoreAnalytics – Actionable Practice Analytics
• iCoreCloud – Encrypted HIPAA Cloud Backup
• iCoreHIPAA – HIPAA Compliance Platform
  

Karren Gordon, Owner of The Dental Marshal, expressed her enthusiasm about the partnership: “As a dental assistant with firsthand knowledge of the field and the everyday challenges practices face, it was an easy choice to partner with iCoreConnect. Their exceptional cloud-based software and technology, paired with our organizational services, are perfect for maximizing efficiency in all aspects of the practices we serve. We're committed to supporting dental teams and ensuring smoother operations.”

Adding his support for the collaboration, Robert McDermott, CEO of iCoreConnect, stated “At iCoreConnect, we share The Dental Marshal’s commitment to enhancing efficiency and productivity in dental practices. By combining our innovative technology solutions with their expertise, we can help practices streamline revenue cycle management, boost operational performance, and increase profitability at every stage of the patient journey. This partnership represents an exciting opportunity to drive meaningful improvements and support the ongoing success of dental practices nationwide.”

About iCoreConnect Inc.

iCoreConnect Inc. is a SaaS leader in cloud-based software and technology solutions, designed to enhance workflow productivity and profitability in healthcare.

About The Dental Marshal

In business for three years and with over five years of experience as Expanded Functions Dental Assistants and Lab Assistants, The Dental Marshal team identifies problematic areas that could be costing dental practices valuable time and money and then equips them with the tools they need to function efficiently and achieve greater practice success.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Investor Contacts:
IR@icoreconnect.com
888.810.7706, ext 5

FAQ

What cloud solutions will The Dental Marshal offer through the iCoreConnect (ICCT) partnership?

The Dental Marshal will offer multiple iCoreConnect solutions including iCoreRx for ePrescribing, iCoreVerify for insurance verification, iCorePay for digital payments, iCoreClaims for dental billing, iCoreExchange for HIPAA email, and several other specialized dental practice management tools.

How will the 2024 partnership between iCoreConnect (ICCT) and The Dental Marshal benefit dental practices?

The partnership will help dental practices streamline revenue cycle management, boost operational performance, and increase profitability by combining The Dental Marshal's organizational expertise with iCoreConnect's cloud-based technology solutions.

What specific practice management solutions does iCoreConnect (ICCT) provide through this partnership?

iCoreConnect provides solutions for ePrescribing, insurance verification, digital patient statements, dental claims and billing, HIPAA-compliant email, medical coding, patient education, practice analytics, cloud backup, and HIPAA compliance.

What is the strategic importance of The Dental Marshal partnership for iCoreConnect (ICCT)?

The partnership allows iCoreConnect to expand its market reach by offering its cloud-based software solutions through The Dental Marshal's established consulting network, potentially increasing its customer base in the dental sector.