eAssist Dental Solutions has acquired Unitas PPO Solutions.
In June 2021, Henry Schein acquired a majority interest in eAssist, which provides a platform of outsourced revenue cycle services to the dental industry.
Mike Alder will continue to manage the Unitas business as CEO along with the Unitas management team. 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.
Unitas is a privately held service provider that works with dental practices to assess their commercial insurance participation, set competitive fee-for-service rates and negotiate contracted reimbursement with commercial insurers (PPO plans).
According to data captured in the LevinPro HC database, this was the first Healthcare Payments & Billing deal of 2023. There were four Healthcare Payments & Billing transactions during 2022.
