12 January 2023

---

Henry Schein acquires majority interest in Unitas PPO Solutions

Acquisition helps to improve critical dental practice insurance, billing functions

---

Henry Schein, Inc. announced on Jan. 5 that its subsidiary, eAssist Dental Solutions, has acquired a majority interest in Unitas PPO Solutions, a privately held service provider that works with dental practices to assess commercial insurance participation, set competitive fee-for-service rates and negotiate contracted reimbursement with commercial insurers. 

According to a news release, the addition of Unitas is the result of a long-standing strategic relationship with Henry Schein that was formed in 2014 and offers a variety of service plans tailored to the specific needs of a dental practice. 

Headquartered in Mesa, Arizona, Unitas was founded in 2010 by Mike Alder to help dental practices negotiate PPO rates and optimize PPO participation. Alder will continue to manage the Unitas business as CEO along with the current Unitas management team. In 2021, Unitas had sales of approximately $5 million. This transaction is expected to be neutral to Henry Schein’s 2022 diluted earnings per share and to be accretive thereafter. The financial terms of the transaction were not disclosed. 

In June 2021, Henry Schein acquired a majority interest in eAssist, provider of the nation’s leading platform of outsourced revenue cycle services to the dental industry. The addition of Unitas complements eAssist’s revenue cycle offering. 

Stanley Bergman, chairman of the board and CEO of Henry Schein said the acquisition will help dental practice teams improve critical insurance and billing functions and allow more focused attention on delivering high-quality patient care. 

“Combining Unitas with our existing eAssist business is an excellent strategic fit within our portfolio of services for dental practices and makes Henry Schein the one-stop-shop for all dental insurance reimbursement, revenue cycle and dental billing service needs,” he said in the news release. 

“By addressing the important topic of reimbursement, each organization will continue to focus on what they do best,” said Dr. James Anderson, CEO of eAssist Dental Solutions in the news release. 

Unitas will free up resources to allow the dental office team to focus on patient care and clinical outcomes, he added.  

“Dental practices must ensure they are being paid appropriate rates for the services they perform to mitigate rising costs,” said Unitas’s Alder. “Unitas brings multiple advantages to our customers, including our established relationships with payer-provider relations and contracting teams.”