Profile: Henry Schein Inc (HSIC.OQ)
21 Oct 2016
Henry Schein, Inc., incorporated on December 23, 1992, is a provider of health care products and services to office-based dental, animal health and medical practitioners. The Company serves approximately one million customers across the world, including dental practitioners and laboratories, animal health clinics and physician practices, as well as government, institutional health care clinics and other alternate care clinics. The Company's segments include healthcare distribution, and technology and value-added services. The Company operates through a distribution network with a selection of over 110,000 products and Henry Schein private brand products in stock, as well as approximately 150,000 additional products available as special order items. The Company also offer its customers, technology solutions, including practice management software and e-commerce solutions, as well as a range of financial services.
The Company sells practice management software systems to its dental, animal health and medical customers. Its practice management solutions provide practitioners with electronic medical records, patient treatment history, billing, accounts receivable analyses and management, appointment calendars, electronic claims processing and word processing programs. The Company has approximately 200 equipment sales and service centers across the world that provide a range of repair, installation and technical services for its health care customers. Its technicians provide installation and repair services for dental handpieces; dental, animal health and medical small equipment; table top sterilizers, and dental equipment. The Company has operations or affiliates in approximately 30 countries, including the United States, Australia, Austria, Belgium, Brazil, Canada, Chile, China, the Czech Republic, Denmark, France, Germany, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Malaysia, the Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovakia, South Africa, Spain, Sweden, Switzerland, Thailand and the United Kingdom.
The healthcare distribution segment aggregates its global dental, animal health and medical operating segments. This segment distributes consumable products, equipment, laboratory products, equipment repair services, pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins. Its global dental group serves office-based dental practitioners, dental laboratories, schools and other institutions. Its global animal health group serves animal health practices and clinics. Its global medical group also serves office-based medical practitioners, ambulatory surgery centers, other alternate-care settings and other institutions.
Technology and value-added services
The technology and value-added services segment group provides software, technology and other value-added services to health care practitioners. Its technology group offerings include practice management software systems for dental and medical practitioners and animal health clinics. Its value-added practice solutions include financial services on a non-recourse basis, e-services, practice technology, network and hardware services, as well as continuing education services for practitioners.
The Company competes with Patterson Companies, Inc., Benco Dental Supply Company., MWI Veterinary Supply, Inc., McKesson Corporation, Medline Industries, Inc., Carestream Health, Inc., IDEXX Laboratories, Inc., Quality Systems, Inc., eClinicalWorks, Allscripts Healthcare Solutions, Inc., GACD Group, Pluradent AG & Co., Lifco AB, Planmeca Oy, Billericay Dental Supply Co. Ltd., National Veterinary Services, Centaur Services Limited and Alcyon SA.
Henry Schein Inc
135 Duryea Rd
MELVILLE NY 11747
Company Web Links
- BRIEF-Henry Schein announces $400 mln increase to share buyback plan
- BRIEF-Henry Schein to acquire dental distributor Marrodent
- BRIEF-Henry Schein Q2 earnings per share $1.46
- BRIEF-Visiomed Group announces major distribution deal in US between BewellConnect and Henry Schein Medpod
- BRIEF-Milestone Scientific announces distribution agreement with Henry Schein