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Cloud software company iCoreConnect has acquired Verifi Dental to make insurance verification more streamlined on its platform.
Cloud-based software creator iCoreConnect has announced its strategic acquisition of Verifi, to streamline insurance verifications in its health care platform. This move was done to further expand iCoreConnect’s software portfolio as well as offer more value for the customers, according to president and CEO Robert McDermott.
“This strategic acquisition signifies positive momentum for the company and the advancement of our growth strategy. The addition of Verifi brings iCore enhanced capabilities, a broader market presence, and ultimately improves the value we offer to our customers and stakeholders,” McDermott said in a press release from the company. “We believe the combined strengths of iCoreConnect and Verifi will position us as a formidable force in the insurance verification sector. These strengths will bring us complementary expertise, and additional products and service offerings, including synergies and operational efficiencies.”
As dentistry wrangles with complicated insurance verifications, Verifi aims to make this process smoother, something that they hope to achieve through this verification according to CEO Jacob Weprin.
“Insurance verifications have always been one of the major challenges and pain points in the dentistry field,” Weprin said in the press release. “The acquisition of Verifi empowers iCoreConnect to immediately connect to a vast network of additional insurance companies and provide the best results in the industry through a cloud-based environment that ensures accessibility from any location.”
Both companies have expressed excitement at this acquisition, with an end goal of becoming a comprehensive and robust software as a service, with the power of Verifi’s insurance verifications combined with iCoreConnect’s platform. To learn more about this acquisition, visit the website here.