March 28, 2017 Henry Schein Practice Solutions Teams Up With Axia Technologies, Llc (AxiaMed) To Offer Dentrix® Enterprise Customers A Fully Integrated Payment Solution
Integration of Henry Schein and AxiaMed’s Software to Help Enhance Revenue Cycle Management (RCM)
MELVILLE, N.Y., March 28, 2017 – Henry Schein Practice Solutions, the U.S. practice solutions business of Henry Schein, Inc. (Nasdaq: HSIC), announced today that it has teamed up with Axia Technologies, LLC (AxiaMed), provider of integrated health care payments technology for health care IT companies, to streamline dental practice workflows and simplify the collection of patient payments. AxiaMed will provide Henry Schein’s Dentrix® Enterprise with an integrated payment solution for making payment transactions between patients and practices more convenient, seamless and less time-consuming.
“Dental organizations need technology that improves patient service, while making the office more efficient and less complex,” said Kevin Bunker, President, Henry Schein North American Dental Practice Solutions. “By teaming up with AxiaMed to offer an integrated payment solution for Dentrix Enterprise customers, we will make processing credit card payments much easier and more accurate for our joint users, and ensure that customers with multisite practices can rely on Dentrix Enterprise for centralized practice management.”
AxiaMed processes credit card payments, refunds and voids directly in Dentrix Enterprise, provides detailed transaction reporting, and eliminates double posting and manual errors because payments are automatically posted to the ledger in Dentrix Enterprise. As a result of these benefits, dental practices have an integrated method to process patient payments.
“As an integrated provider, AxiaMed is dedicated to providing dental organizations with the most up-to-date payment technology that is flexible and secure. Henry Schein Practice Solutions shares that vision and is eager to work together to help dental practices streamline their patient payments with cloud-based solutions, while leveraging the combined expertise of our companies,” said Kevin Kidd, Co-founder and Chief Business Development Officer, AxiaMed.
AxiaMed is a healthcare financial technology company specializing in payment integration and security. AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing interoperability and payment options across the entire ecosystem of healthcare payments between patients, providers and payers.
AxiaMed is headquartered in Santa Barbara, CA with executive offices in Nashville, TN.
For more information, visit https://www.axiamed.com.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is the world’s largest provider of health care products and services to office-based dental, animal health and medical practitioners. The company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the S&P 500® and the Nasdaq 100® indexes, Henry Schein employs more than 21,000 Team Schein Members and serves more than 1 million customers.
The company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items. The company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 33 countries. The company’s sales reached a record $11.6 billion in 2016, and have grown at a compound annual rate of approximately 15 percent since Henry Schein became a public company in 1995. For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein and @HenrySchein on Twitter.