Henry Schein has acquired a 70% ownership position in virtual dental billing outsourcing service developer eAssist Dental Solutions.
Headquartered in American Fork, Utah, eAssist was founded in 2011 by James Anderson, DMD, and Sandy Odle to assist with billing challenges in Anderson’s dental practices. Anderson will continue to manage eAssist as CEO along with the current company management team.
“Henry Schein has a long-standing commitment to supporting dental practice growth, efficiency, and profitability through our comprehensive offering of solutions,” said Stanley M. Bergman, chairman of the board and CEO of Henry Schein.
“We are delighted to add eAssist to our leading portfolio of value-added services, which will help our customers improve their critical insurance and billing functions so dental teams can focus on delivering quality patient care,” Bergman said.
The eAssist platform uses a combination of technology and human expertise to provide outsourced insurance billing services to dental practices, freeing up resources so they can focus on patient care and clinical outcomes while simplifying operations and reducing stress related to cashflow, the company said.
“By addressing the important topic of collections, we not only expand our value-added services, but also strengthen our relationship as a trusted advisor to our customers,” said Jonathan Koch, senior vice president and CEO of Henry Schein Global Dental Group.
“eAssist will help practices enhance cashflow from timely collections and more accurate claims submissions and processing,” Koch said.
Currently, eAssist is designed to support dental practices of all sizes through technology supported by a network of dental billing professionals, the company said. It also secures detailed patient eligibility information, bills certain dental procedures through medical insurance, and provides practice bookkeeping, the eAssist said.
“Henry Schein represents an exceptional and complementary cultural fit as a partner for eAssist. Through new and powerful sales, marketing, and technology resources, we expect to bring the myriad of benefits from eAssist’s technology-powered service offerings to many more dental practices,” said Anderson.
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