Dental Intelligence (DI), which offers a dental analytics and workflow automation platform, has acquired Modento, a comprehensive solution for innovative patient communications and management, according to the companies.
Modento handles all administrative interaction with patients before, during, and after their appointments, providing a completely automated and touchless patient communication and management experience, the companies said.
Specific features include two-way communication, reminders and confirmations, recalls, digital forms and consents, virtual check-in, voicemail drops, treatment and payment plans, and team chat.
Modento’s technology also will further enhance the insights available through the DI analytics solution, the companies said, helping practices grow.
“We are thrilled with this acquisition and I couldn’t be more excited about what this means, both for our customers and for this incredible industry,” said Weston Lunsford, CEO of DI.
“Our analytics and online scheduling technologies combined with Modento’s patient engagement and communications will help practices provide more and better dentistry to their patients, especially to those who need it the most,” Lunsford said.
The dental industry is changing rapidly, largely thanks to the consolidation of practices into groups and dental service organizations (DSOs), the companies said.
According to Lunsford, DI’s analytics and artificial intelligence platform was built to identify and address the challenges and needs specific to these groups while also providing the same benefits to single practices across the country.
“With this acquisition, we believe that our cloud-based tech and unparalleled user experience will ensure that each of our customers’ locations are managed consistently and efficiently while maintaining the highest level of compliance,” said Lunsford.
“That, in turn, will drive increased production and EBITDA. It’s the final piece of the software puzzle for any practice or DSO,” Lunsford said.
Modento CEO Karol Jasik and the company’s entire team will join DI.
“We are beyond excited to join forces with the DI team as they embody the values that Modento holds dear,” said Jasik.
“These shared values—technological innovation, stellar customer service, and the best possible user experience—have helped our company get where we are today. Combining forces with DI accelerates our trajectory to deliver the intelligent, intuitive, and robust software product that the dental industry has been waiting for,” Jasik said.
This is the second acquisition for DI in the past 18 months, with the purchase of LocalMed Online Scheduling in August 2019. Financial terms of the deal with Modento were not disclosed.
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