Acquisition is aimed at strengthening Henry Schein One’s ability to simplify dental practice workflow management and improve business performance.
Henry Schein One, a subsidiary of Henry Schein Inc, has acquired an 80% ownership position in Jarvis Analytics, a software company that develops business analytics tools to help dental practitioners and their teams use data to diagnose problems, strengthen decision-making, and improve business performance.
Steven Maroulis, Jarvis Analytics founder, will continue to manage it and lead the Henry Schein One Dental Analytics business as executive director.
“This partnership further demonstrates our commitment to offer the latest advances in technology through Henry Schein One, making it possible for dental practices to improve nearly every aspect of their business management,” said Stanley M. Bergman, chairman of the board and chief executive officer of Henry Schein. “We look forward to a strong partnership with Jarvis that will enable dental teams to use data more effectively to build a better business.”
According to the company, even with the tremendous amounts of data stored in practice management systems, such as Henry Schein’s Dentrix, Dentrix Ascend, and Dentrix Enterprise—as well as systems for patient relationship management, finance, and marketing, many dental practices do not yet consolidate and analyze the data. Jarvis is designed to simplify the collection of data from multiple sources and organizes it so the information can be presented in real-time reports, dashboards, and other methods. Jarvis’ analytics tools can also help identify the impact positive changes may have on projected revenue, including hygiene recall, patient retention, case acceptance, and collection.
Jarvis Analytics will continue to be practice management system agnostic, working with more than 10 practice management systems, including Dentrix, Dentrix Ascend, and Dentrix Enterprise. The company also noted, the analytics tools offered by Jarvis Analytics will eventually become integrated into select Henry Schein One practice management systems.