iCoreConnect Partners with Yankee Alliance, Enters Into Group Purchasing Organization Portfolio

Rhea-AI Summary

iCoreConnect (OTCQB: ICCT), a SaaS company focused on healthcare workflow solutions, announced a partnership with Yankee Alliance, a large group purchasing organization with nearly 20,000 members. This collaboration marks iCoreConnect's first with a national GPO, allowing joint marketing of its products to Yankee Alliance's members. The partnership is expected to enhance workflow efficiency in medical practices through cloud-based solutions like iCoreRx ePrescribing and iCoreVerify insurance verification. The partnership aims to save time and money for healthcare providers while improving patient care quality.

Positive

• Partnership with Yankee Alliance expands market reach.
• Access to nearly 20,000 medical practices potentially increases customer base.
• Offers a suite of cloud-based solutions that improve workflow efficiency.

Negative

• None.

Ocoee, FL, Feb. 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- iCoreConnect, Inc., (OTCQB: ICCT), a Software-as-a-Service (SaaS) company with an enterprise and healthcare workflow platform, today announced its partnership with Yankee Alliance, a nationwide group purchasing organization (GPO) for  business in all classes of trade with nearly 20,000 members. The partnership expands iCoreConnect’s presence in the medical space.

iCoreConnect’s partnership with Yankee Alliance is the company’s first with a national GPO. The two companies will jointly market to the Yankee Alliance member base, introducing multiple products from the iCoreConnect platform. 

iCoreConnect offers a host of intuitive cloud-based solutions for the members. The partnership will allow  practices to leverage key business workflow solutions from the  iCoreConnect platform including: flexible and secure iCoreRx cloud-based ePrescribing, iCoreVerify automated insurance verification, iCoreExchange encrypted HIPAA email and  iCoreCodeGenius ICD-10 medical coding software to members. These solutions will save time, money, and effort which, in turn, provides greater quality of care for patients and redirects staff hours away from time-consuming tasks. iCoreConnect's solutions integrate with most major practice management systems in the United States. 

Yankee Alliance offers its members bulk pricing and collective buying power for a host of different products and services needed to run their businesses. Members gain access to the Premier platform with Yankee Alliance to seamlessly order office supplies and electronics, facility supplies and services, IT and telecom services, medical supplies, foodservice supplies, professional and HR services, payment solutions, and more. There are no membership fees for the nearly 20,000 medical practices that are part of the Yankee Alliance GPO.

Robert McDermott, President and CEO of iCoreConnect, commented, “This new partnership springboards us further into the medical field. Yankee Alliance is a tremendous GPO currently serving prestigious organizations like Berkshire Healthcare Systems. We are very excited to partner with Yankee Alliance." 

About iCoreConnect, Inc. (OTCQB: ICCT)

iCoreConnect, Inc. is a market leading, cloud-based software and technology company focused on increasing workflow productivity and practice profitability through its enterprise and healthcare workflow platform of applications and services. iCoreConnect is most notably known for its innovation in solving healthcare business problems. The company’s philosophy places a high value on customer feedback, allowing iCoreConnect to respond to the market’s needs. iCoreConnect touts a platform of 15 SaaS enterprise solutions and more than 90 agreements with state or regional healthcare associations across the country.

FORWARD-LOOKING STATEMENTS:

In this news release, the use of the words "believe," "could," "expect," "may," "positioned," "project," "projected," "should," "will," "would," or similar expressions are intended to identify forward-looking statements that represent the Company's current judgment about possible future events. The Company believes these judgments are reasonable, but these statements are not guarantees of any events or financial results, and actual results may differ materially due to a variety of important factors.

iCoreConnect
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FAQ

What is the significance of iCoreConnect's partnership with Yankee Alliance?

The partnership with Yankee Alliance allows iCoreConnect to market its products to nearly 20,000 medical practices, enhancing its presence in the healthcare sector.

When did iCoreConnect announce its partnership with Yankee Alliance?

iCoreConnect announced its partnership with Yankee Alliance on February 22, 2023.

What products will iCoreConnect offer through the Yankee Alliance partnership?

iCoreConnect will offer various cloud-based solutions such as iCoreRx ePrescribing and iCoreVerify automated insurance verification.

How many members are part of the Yankee Alliance?

Yankee Alliance has nearly 20,000 members from across various medical practices.

What industry does iCoreConnect focus on?

iCoreConnect focuses on the healthcare industry, providing workflow solutions to improve practice efficiency and profitability.