Company Donates Up to $100,000 in Cash and Health Care Products, Will Match Employee Contributions
In response to the devastation being caused by the Australian bushfires, Henry Schein, Inc. (Nasdaq: HSIC) announced today that it is raising money for recovery and rebuilding efforts, donating much-needed health care supplies, and supporting its dental customers who may be impacted by the ongoing crisis.
The Company and the Henry Schein Cares Foundation are seeding a 2020 Disaster Relief Fund with a $50,000 donation and will match employee contributions up to $25,000. In addition, Henry Schein plans to donate up to $50,000 worth of health care product to relief organizations. Locally, Henry Schein Australia is also donating a portion of its January sales to local relief efforts.
"Team Schein stands ready to assist our relief agency partners and local health care providers in their efforts to rebuild and recover from these terrible fires," said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. "Our company has long been committed to supporting disaster preparedness and recovery, and we are working with our supplier partners and Team Schein Members to provide relief agencies with the resources they need to support public health."
The fund is not limited to Team Schein Members. Credit card donations can be made on the Henry Schein Cares Foundation website, and checks can be made payable to "Henry Schein Cares Foundation" and mailed to Kate Sorrillo, Henry Schein Cares Foundation, Inc., 135 Duryea Road, Melville, NY 11747.
About Henry Schein Cares
Henry Schein Cares stands on four pillars: engaging Team Schein Members to reach their potential, ensuring accountability by extending ethical business practices to all levels within Henry Schein, promoting environmental sustainability, and expanding access to health care for underserved and at-risk communities around the world. 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.
Firmly rooted in a deep commitment to social responsibility and the concept of enlightened self-interest championed by Benjamin Franklin, the philosophy behind Henry Schein Cares is a vision of "doing well by doing good." Through the work of Henry Schein Cares to enhance access to care for those in need, the Company believes that it is furthering its long-term success. To learn more about how Henry Schein Cares is making a difference, please visit: www.henryschein.com/socialresponsibility.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With approximately 19,000 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional healthcare clinics, as well as other alternate care sites.
Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items.
A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 31 countries. The Company's sales from continuing operations reached $9.4 billion in 2018, and have grown at a compound annual rate of approximately 13 percent since Henry Schein became a public company in 1995.
For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, and @HenrySchein on Twitter. Sign up to receive real-time alerts when Henry Schein press releases are issued.
Ann Marie Gothard, Vice President, Corporate Media Relations