iCoreConnect partners with The Dental Marshal to enhance efficiency in dental practices through cloud-based technology solutions.
Quiver AI Summary
iCoreConnect Inc. has announced a new Channel Partner agreement with The Dental Marshal, a consulting service focused on optimizing dental practice operations. This partnership will enable The Dental Marshal to offer iCoreConnect's cloud-based solutions, such as electronic prescribing, insurance verification, billing services, and HIPAA compliance tools, enhancing efficiency for dental practices. Karren Gordon, Owner of The Dental Marshal, expressed her enthusiasm for the collaboration, highlighting the potential to improve workflow and operational success for dental teams. Robert McDermott, CEO of iCoreConnect, supported the partnership's goal of streamlining revenue management and boosting profitability in dental practices nationwide.
Potential Positives
- iCoreConnect enters a strategic Channel Partner agreement with The Dental Marshal, enhancing its market reach in the dental practice sector.
- The partnership allows iCoreConnect to leverage The Dental Marshal's expertise in optimizing workplace operations, which could lead to increased adoption of its cloud-based solutions.
- The collaboration positions iCoreConnect to enhance efficiency, profitability, and operational performance for dental practices, potentially leading to greater customer satisfaction and loyalty.
Potential Negatives
- The announcement heavily relies on forward-looking statements that carry inherent risks and uncertainties, potentially undermining investor confidence.
- The company's partnership with The Dental Marshal may not provide the expected operational or financial benefits, leading to skepticism regarding its effectiveness.
- The reliance on advanced technology solutions could expose the company to cybersecurity risks and regulatory compliance challenges.
FAQ
What is the new partnership between iCoreConnect and The Dental Marshal?
iCoreConnect has formed a Channel Partner agreement with The Dental Marshal to improve dental practice efficiency using cloud-based solutions.
What solutions does iCoreConnect offer through this partnership?
iCoreConnect provides various SaaS solutions, including ePrescribing, automated insurance verification, digital billing, and HIPAA compliance tools.
Who is Karren Gordon and what does she say about the partnership?
Karren Gordon is the Owner of The Dental Marshal, and she emphasizes the partnership's potential to enhance efficiency for dental practices.
How does iCoreConnect's technology benefit dental practices?
The technology aims to streamline revenue cycle management, boost operational performance, and enhance profitability throughout the patient journey.
What experience does The Dental Marshal team have?
The Dental Marshal team has over five years of experience as Expanded Functions Dental Assistants and Lab Assistants, focusing on practice optimization.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ICCT Insider Trading Activity
$ICCT insiders have traded $ICCT stock on the open market 11 times in the past 6 months. Of those trades, 3 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $ICCT stock by insiders over the last 6 months:
- GLOBAL INC. FUNDAMENTAL has traded it 8 times. They made 0 purchases and 8 sales, selling 2,410,000 shares.
- ROBERT P MCDERMOTT (Chief Executive Officer) has traded it 2 times. They made 2 purchases, buying 276,785 shares and 0 sales.
- JOHN PASQUAL purchased 5,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ICCT Hedge Fund Activity
We have seen 2 institutional investors add shares of $ICCT stock to their portfolio, and 10 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VIRTU FINANCIAL LLC removed 18,725 shares (-100.0%) from their portfolio in Q2 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 11,953 shares (-100.0%) from their portfolio in Q3 2024
- TWO SIGMA SECURITIES, LLC added 11,449 shares (+inf%) to their portfolio in Q3 2024
- CITADEL ADVISORS LLC removed 10,772 shares (-100.0%) from their portfolio in Q3 2024
- GEODE CAPITAL MANAGEMENT, LLC removed 6,156 shares (-10.2%) from their portfolio in Q3 2024
- UBS GROUP AG removed 2,667 shares (-69.7%) from their portfolio in Q3 2024
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1,600 shares (-100.0%) from their portfolio in Q2 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
OCOEE, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- iCoreConnect Inc. (NASDAQ: ICCT), a leading provider of cloud-based software and technology solutions, has announced a new Channel Partner agreement with The Dental Marshal, an expert consulting service for dental practice organizations and workplace optimization. The Dental Marshal specializes in facility and supply organization, effective employee delegation, and streamlined workflow management processes.
With this partnership, The Dental Marshal can further empower its customers by providing iCoreConnect’s cloud-based Software-as-a-Service (SaaS) and technology solutions:
- iCoreRx – Cloud ePrescribing + Electronic Prescribing for Controlled Substances (EPCS)
- iCoreVerify – Automated Insurance Verification
- iCoreVerifyPro – Full-Service Verifications
- iCorePay – Digital Patient Statements, Billing & Payments
- iCoreClaims – Dental Claims & Billing
- iCoreExchange – Encrypted HIPAA Email
- iCoreCodeGenius – Medical Coding for Dental
- iCoreAcademy – Patient Education Video Library
- iCoreAnalytics – Actionable Practice Analytics
- iCoreCloud – Encrypted HIPAA Cloud Backup
- iCoreHIPAA – HIPAA Compliance Platform
Karren Gordon, Owner of The Dental Marshal, expressed her enthusiasm about the partnership: “As a dental assistant with firsthand knowledge of the field and the everyday challenges practices face, it was an easy choice to partner with iCoreConnect. Their exceptional cloud-based software and technology, paired with our organizational services, are perfect for maximizing efficiency in all aspects of the practices we serve. We're committed to supporting dental teams and ensuring smoother operations.”
Adding his support for the collaboration, Robert McDermott, CEO of iCoreConnect, stated “At iCoreConnect, we share The Dental Marshal’s commitment to enhancing efficiency and productivity in dental practices. By combining our innovative technology solutions with their expertise, we can help practices streamline revenue cycle management, boost operational performance, and increase profitability at every stage of the patient journey. This partnership represents an exciting opportunity to drive meaningful improvements and support the ongoing success of dental practices nationwide.”
About iCoreConnect Inc.
iCoreConnect Inc. is a SaaS leader in cloud-based software and technology solutions, designed to enhance workflow productivity and profitability in healthcare.
About The Dental Marshal
In business for three years and with over five years of experience as Expanded Functions Dental Assistants and Lab Assistants, The Dental Marshal team identifies problematic areas that could be costing dental practices valuable time and money and then equips them with the tools they need to function efficiently and achieve greater practice success.
Forward-Looking Statements
Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.
Investor Contacts:
IR@icoreconnect.com
888.810.7706, ext 5