iCoreConnect has announced the acquisition Preferred Dental Services’ assets for an undisclosed price. Headquartered in Flushing, New York, Preferred Dental Services provides dental billing, claims and insurance management services.
iCoreConnect Inc. is a cloud-based software and technology company providing secure, HIPPA compliant communication and healthcare practice management services. According to its most recent financial report, for FY 2022 iCoreConnect had revenue of $7.99 million.
According to data captured in the LevinPro HC database, this acquisition represents the 189th eHealth transaction of 2023 and the 43rd in the revenue cycle management (RCM) specialty. This is significantly slower than last year, when there were 260 eHealth and 56 RCM deals reported between January 1, 2022, and September 8, 2022.
This also marks iCoreConnect’s first transaction since it merged with SPAC FG Merger Corp. in January 2023. That transaction was completed on August 25, 2023.
