Tag: Henry Schein Inc.
In brief: CMS ups MA payments, Sleep Cycle sees interest, Soleo Health expands
April 10, 2026HME News Staff
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) has set a net average increase of 2.48% for Medicare Advantage plans in calendar year 2027, representing more than $13 billion in additional payments.
Earlier this year, CMS had proposed a net average increase of 0.09%, representing $700 million in additional payments.
CMS touts improved payment accuracy
In a new rate announcement, the agency says this expected increase includes consideration of the various elements that...
Henry Schein authorizes repurchase of up to $750M in stock
September 10, 2025HME News Staff
MELVILLE, N.Y. – Henry Schein’s board of directors has authorized the repurchase of up to $750 million of shares of the company's common stock. This program is in addition to the $500 million repurchase program announced in January 2025, which is anticipated to be fully executed by the end of the first quarter of 2026. Henry Schein had approximately 118.6 million shares outstanding as of Sept. 8, 2025. This new authorization represents approximately 9% of shares outstanding at the...
Henry Schein goes ‘Back to School’
August 19, 2025HME News Staff
MELVILLE, N.Y. – For the 28th consecutive year, Henry Schein, Inc. is helping students worldwide start the academic year off right through its “Back to School” program, a flagship initiative of Henry Schein Cares, the Company’s global corporate citizenship program.
On August 14, Henry Schein welcomed hundreds of children and their families to its event at the company’s worldwide headquarters here where approximately 400 pre-identified students received backpacks...
Henry Schein seeds relief fund for California wildfires
January 15, 2025HME News Staff
MELVILLE, N.Y. – Henry Schein has opened the Henry Schein Cares Foundation 2025 Relief Fund to support those impacted by the Los Angeles area wildfires. Contributions will support the provision of critical health care supplies and resources to those impacted by the wildfires throughout the city. The company and the foundation will donate an initial $25,000 each to support relief efforts and the company will match employee contributions up to another $50,000, for a cash total of up to $150,000....
In brief: No reimbursement relief, MGA Homecare deal, Henry Schein ‘Cheer’
December 20, 2024HME News Staff
WASHINGTON – Provisions to restore Medicare’s 75/25 blended reimbursement rates in non-bidding, non-rural areas are not a part of the end-of-year legislative package being considered by Congress, according to AAHomecare.
At press time, the measure to keep the government funded through mid-March 2025 was up in the air.
Industry stakeholders have been working all year to build support for its priority legislation, H.R. 5555 and S.1294, which would extend the blended...
Henry Schein brings ‘Holiday Cheer’
December 19, 2024HME News Staff
MELVILLE, N.Y. – Through its 26th annual “Holiday Cheer” program, Henry Schein team members at 15 company locations delivered joy to more than 1,150 individuals in the United States, United Kingdom and Ireland this season. Since 1999, this corporate flagship initiative has helped more than 20,000 underserved children, their families and senior citizens experience cheerful holidays, with members donating clothing, comfort items, toys, gift cards and more. “We are thrilled to...
Henry Schein follows health care ‘migration’
February 19, 2021Theresa Flaherty, Managing Editor
MELVILLE, N.Y. – With more and more health care migrating outside the hospital setting, Henry Schein’s acquisition of Prism Medical Products was a “natural progression” for the company, giving it a home care platform on which to grow, says President Brad Connett.
Driving that migration to the home: reimbursement changes by payers that prioritize the value and effectiveness of that care, as well as “consumerism,”...
In brief: Acquisitions, antibodies, awards
January 8, 2021HME News Staff
MELVILLE, N.Y. – Henry Schein Inc., a provider of health care solutions to medical and dental offices, has acquired a majority ownership position in Prism Medical Products, a national provider of home medical supplies with a focus in advanced wound care.
Founded in 2006, the Elkin, N.C.-based Prism Medical has more than 200 employees and 10 fulfillment centers. For the 12 months ended Sept. 30, 2020, it reported revenues of approximately $52 million.
“Expanding...
Henry Schein enters supplies market with strategic acquisition of Prism Medical
January 7, 2021HME News Staff
MELVILLE, N.Y. – Henry Schein Inc., a provider of health care solutions to medical and dental offices, has acquired a majority ownership position in Prism Medical Products, a national provider of home medical supplies with a focus in advanced wound care.
Founded in 2006, the Elkin, N.C.-based Prism Medical has more than 200 employees and 10 fulfillment centers. For the 12 months ended Sept. 30, 2020, it reported revenues of approximately $52 million.
“Expanding...