Envista and Pacific Dental Services Announce Assisted Intelligence Development Partnership

Rhea-AI Summary

Envista Holdings Corporation (NYSE: NVST) has announced a multi-year partnership with Pacific Dental Services (PDS) to enhance clinical image analysis through Assisted Intelligence (AI). This collaboration will utilize Envista's DTX Studio Clinic software across PDS-supported practices, enabling improved image sorting and interpretation. Both companies aim to revolutionize dental diagnostics by integrating AI and machine learning. Envista CEO Amir Aghdaei emphasized PDS as a true partner in innovation. The initiative seeks to enhance diagnosis, treatment planning, and ultimately health outcomes in dentistry.

Positive

• Strategic partnership with Pacific Dental Services aims to enhance clinical diagnostics using AI.
• Deployment of Envista's DTX Studio Clinic software across PDS practices is expected to improve image analysis.
• Collaboration to develop further AI capabilities signifies commitment to innovation in dental technology.

Negative

• None.

BREA, Calif., Jan. 10, 2022 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) ("Envista") -- Envista and leading dental support organization Pacific Dental Services^® (PDS) announce today the consummation of a multi-year year development partnership, created to harness the power of Assisted Intelligence (AI) in support of clinical image analysis across the dental market. 

Independently, Envista and PDS have been investing in industry-leading work on AI support of clinical imaging. Together, through this ground-breaking partnership, they will deploy Envista's sophisticated DTX Studio Clinic software platform throughout all PDS-supported practices to immediately bring the benefits of AI-supported image sorting and interpretation to PDS-supported clinicians. In parallel, the two companies will leverage the clinical and operational expertise of PDS and the technical capabilities of Envista to collaborate in the development and deployment of further AI capabilities via DTX.  Envista and PDS aim to harness the power of data and machine learning to transform the ease with which dentists may use clinical imagery to diagnose, plan and treat dental pathologies. 

Amir Aghdaei, Envista CEO, said, "PDS is a leader in leveraging diagnostic capabilities that can be developed and deployed to empower and support their clinicians and their patients. We have been particularly impressed with the agility of their internal innovation teams, including their own internal AI platform development activities. PDS' work-to-date on machine learning and imaging makes them far more than a customer; we see them as a true partner. Envista is proud to align with such a forward-thinking enterprise to implement the future of clinical diagnostics in dentistry."

Stephen E. Thorne, IV, PDS Founder and CEO, added, "Envista is continuously raising the bar in core dental technologies. We are excited to work with an organization as committed to innovation and inspired by our mission to build a digitally enabled, AI-powered ecosystem for our supported owner dentists and their patients. The practice of dentistry is transforming. We see and embrace the elevated role that dental professionals can and will play in their patients' oral and systemic health which will ultimately lead to better health outcomes and lower overall healthcare costs. This partnership is another bold step towards that future."

ABOUT PACIFIC DENTAL SERVICES
Founded in 1994, Pacific Dental Services (PDS) is one of the country's leading dental support organizations, providing supported autonomy that enables dentists to concentrate on clinical excellence and the highest levels of cost-effective comprehensive patient care. PDS originated the Private Practice+^® model to enable dentists to focus on their passion: serving patients. PDS also pioneered the concept of Modern Dentistry so that dentists are equipped to combine advances in the latest technology with the best operational practices and procedures, highly skilled support staff and a commitment to ongoing training and education. PDS continues to grow, with more than 850 supported dental offices across the United States. PDS has been on the Inc. 5000 list of the fastest growing private companies in America 14 times. PDS supported dentists aim to be the provider of choice in all the markets they serve and to develop Patients for Life™.

For more information, visit us at pacificdentalservices.com
Facebook: @pacificdentalservices
Instagram: @pacific.dental
LinkedIn: @pacific-dental-services
Twitter: @pacificdental  
YouTube: @pacificdentaltv 

ABOUT ENVISTA HOLDINGS CORPORATION
Envista is a global family of more than 30 trusted dental brands, united by a shared purpose: to partner with professionals to improve lives.  Envista helps its customers deliver the best possible patient care through industry-leading dental consumables, solutions, technology, and services. Our comprehensive portfolio, including dental implants and treatment options, orthodontics, and digital imaging technologies, covers an estimated 90% of dentists' clinical needs for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile. Envista companies, including KaVo Kerr, Nobel Biocare, and Ormco, partner with dental professionals to help them deliver the best possible patient care. With a foundation comprised of the proven Envista Business System (EBS) methodology, an experienced leadership team, and a strong culture grounded in customer centricity, commitment to innovation, respect, continuous improvement, and leadership, Envista is well-equipped to meet the end-to-end needs of dental professionals worldwide. Envista is one of the largest global dental products companies, with significant market positions in some of the most attractive segments of the dental products industry. For more information, please visit www.envistaco.com.

FOR FURTHER INFORMATION
Stephen Keller
Investor Relations
Envista Holdings Corporation
200 S. Kraemer Blvd., Building E
Brea, CA 92821
Telephone: (714) 817-7000
Fax: (714) 817-5450

Ellen Driscoll
Pacific Dental Services
17000 Red Hill Avenue
Irvine, CA 92614
Telephone: (949) 617-2188

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SOURCE Envista Holdings Corporation

FAQ

What is the partnership between Envista and Pacific Dental Services about?

Envista and Pacific Dental Services have formed a partnership to enhance clinical image analysis using Assisted Intelligence (AI) in dental practices.

How will the partnership benefit dentists?

The partnership will deploy Envista's DTX Studio Clinic software to improve image sorting and interpretation, aiding in diagnosis and treatment.

What technology will be used in this partnership?

The partnership will utilize Envista's DTX Studio Clinic software and leverage AI and machine learning for clinical imaging.

When was this partnership announced?

The partnership was announced on January 10, 2022.

What is Envista's stock symbol?

Envista's stock symbol is NVST.