iCoreConnect, Inc. Acquires Assets of Preferred Dental Services to Enhance Its Revenue Cycle Management Offerings to Customers, Further Driving Revenue Growth Opportunities
07 Setembro 2023 - 6:30PM
via NewMediaWire – iCoreConnect, Inc., (NASDAQ: ICCT),
(“iCore” or the “Company”), a cloud-based software and technology
company focused on increasing workflow productivity and customer
profitability through its enterprise and healthcare workflow
platform, today announced the acquisition of the assets of
Preferred Dental Services (“PDS”). Preferred Dental Services is a
provider of dental billing, claims, and insurance management
services.
“The timing of this acquisition is very strategic for us as we
continue to enhance our offerings and build out the number of
solutions we are providing to the market. We believe the
acquisition will help increase revenue, streamline workflow, free
up staff resources, and improve the overall patient experience at
the practice level. Our subscriber base has continually asked for
this solution, and we answered with the completion of (“PDS”).
We will leverage these services to our growing subscriber
base and are excited to have this solution to expand into new
customers and markets. PDS is impressive due to its strength in
management, services, and consistent revenue,” states Robert
McDermott, CEO and President of iCoreConnect.
"We are thrilled to be acquired by iCoreConnect
and now be a part of their mission to revolutionize dental business
workflow," said Angela Holland, Founder of Preferred Dental
Services. "Our team is looking forward to leveraging iCoreConnect’s
technology and resources to continue delivering exceptional billing
and claims services to customers now as part of the iCoreConnect
team."
About iCoreConnect
iCoreConnect is a cloud-based software and
technology company focused on increasing workflow productivity and
practice profitability through its enterprise and healthcare
workflow platform of applications and services. iCoreConnect is
most notably known for its innovation in solving healthcare
business problems. iCoreConnect’s philosophy places a high value on
customer feedback, allowing iCoreConnect to respond to the market’s
needs. iCoreConnect touts a platform of 16 SaaS enterprise
solutions and more than 100 agreements with state or regional
healthcare associations across the United States.
Forward-Looking Statements
Some of the statements in this release are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act
of 1934 and the Private Securities Litigation Reform Act of 1995,
which involve risks and uncertainties. Forward-looking statements
in this press release include, without limitation, the Company’s
ability to successfully integrate the PDS assets into its business.
Although the Company believes that the expectations reflected in
such forward-looking statements are reasonable as of the date made,
expectations may prove to have been materially different from the
results expressed or implied by such forward-looking statements.
The Company has attempted to identify forward-looking statements by
terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’
‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’
‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words
that convey uncertainty of future events or outcomes to identify
these forward-looking statements. These statements are only
predictions and involve known and unknown risks, uncertainties, and
other factors, including those discussed in the “Risk Factors”
section of the Form S-4 registration statement that the Company
filed with the Securities and Exchange Commission (“SEC”) on June
21, 2023 and updated from time to time in its Form 10-Q filings and
in its other public filings with the SEC. Any forward-looking
statements contained in this release speak only as of its date. The
Company undertakes no obligation to update any forward-looking
statements contained in this release to reflect events or
circumstances occurring after its date or to reflect the occurrence
of unanticipated events.
Investor
Contact:iCoreConnectIR@iCoreConnect.com888.810.7706
iCoreConnect (NASDAQ:ICCT)
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