Henry Schein

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Henry Schein Inc.
Type Public
Traded as NASDAQHSIC
Industry

Health care supplies and services

revenue = IncreaseUS $ 8.9 Billion (2012)
Founded Queens, New York (1932)
Headquarters Melville, New York, U.S.
Key people Stanley M. Bergman (Chairman of the Board and Chief Executive Officer of Henry Schein Inc.)
Gerald A. Benjamin (Executive Vice President, Chief Administrative Officer, Director)
Net income IncreaseUS $ 398.8 Million (2012)
Employees Nearly 16,000 (2013)
Website http://www.henryschein.com

Henry Schein Inc. is a distributor of healthcare products and services to office-based dental, medical, and animal health practitioners.[1][2] The company also serves dental laboratories, government and institutional health care clinics, and their alternate care sites. A Fortune 500 company and a member of the NASDAQ 100 Index, Henry Schein employs nearly 16,000 Team Schein Members and serves approximately 800,000 customers. The company is a Fortune World’s Most Admired Company[3] and is ranked number one in its industry for social responsibility.[4]

Henry Schein operates through a centralized and automated distribution network, with a selection of more than 96,000 national and Henry Schein private-brand products in stock, as well as more than 110,000 additional products available as special-order items.

The company also sells practice management software and e-commerce solutions, as well as financial services.

Headquartered in Melville, New York, Henry Schein has operations or affiliates in 25 countries, including the United States, Australia, Austria, Belgium, Canada, China,[5] the Czech Republic, France, Germany, Hong Kong SAR, Iceland, Ireland, Italy, Luxembourg, Mauritius, the Netherlands, New Zealand, Portugal, Slovakia, South Africa, Spain, Switzerland, Thailand and the United Kingdom[2]

History[edit]

In 1932, Henry Schein borrowed $500 and opened a pharmacy in Queens, New York. Schein and his wife, Esther, grew their small pharmacy into a FORTUNE 500 company, the largest distributor of healthcare products and services to office-based practitioners.[2] The company now serves approximately 240,000 health practices through operations or affiliates in 21 countries outside of North America.[6]

Philanthropy[edit]

Henry Schein Cares[edit]

Henry Schein Cares is the company’s global social responsibility program.

Health care activities supported by Henry Schein Cares focus on three main areas: advancing wellness, building capacity in the delivery of health care services, and assisting in emergency preparedness and relief. [7]

Henry Schein Cares Foundation Inc.[edit]

Established in 2008, Henry Schein Cares Foundation, Inc., a 501(c)(3) organization, works to foster, support, and promote dental, medical, and animal health by helping to increase access to care for communities around the world.[8]

See also[edit]

References[edit]

  1. ^ "Medical supplies: Booming business". CNN Money. Retrieved December 14, 2012. 
  2. ^ a b c SEC 10-K
  3. ^ FORTUNE Magazine, 2009
  4. ^ FORTUNE Magazine World's Most Admired Companies
  5. ^ Khan, Natasha (December 5, 2011). "Henry Schein Seeks Dental Partners to Gain Share of Rapid Growth in China". Bloomberg. Retrieved December 14, 2012. 
  6. ^ Annual Report, page 3
  7. ^ Henry Schein Cares
  8. ^ Lau, Edie (November 15, 2012). "Storm recovery focus of NYC symposium". The VIN News Service. Retrieved December 14, 2012. 

External links[edit]