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OCOEE, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- iCoreConnect Inc. (NASDAQ: ICCT), a prominent cloud-based software and technology provider dedicated to enhancing workflow efficiency and profitability through its enterprise and healthcare platform, today announced the acquisition of substantially all of the assets of the Healthcare Circle of Excellence (HCofE). This acquisition positions iCoreConnect as a leader in providing essential resources and solutions to help local healthcare community partners and practices remain independent and thrive.
The strategic move marks a significant expansion of iCoreConnect's partnerships and resources, further enhancing its ability to meet the critical needs of healthcare practices and professionals with comprehensive, cutting-edge solutions. The acquisition strengthens the company's efforts to empower medical and dental practices with innovative solutions and valuable resources, fostering financial success by supporting local healthcare community partnerships across the U.S.
As part of the asset acquisition, iCoreConnect revealed plans to launch a new Healthcare Circle of Excellence division and a website designed to identify the critical needs of practitioners and practices while offering a wide array of vetted solutions and resources. Additionally, the HCofE founders will continue to play a key role in expanding healthcare community partnerships across the U.S. and enriching the website's offerings. The new division will focus on empowering locally vetted teams of healthcare business professionals to partner strategically with practitioners, practices, associations, organizations, and students, providing tailored solutions to address their evolving needs.
Robert McDermott, President and CEO of iCoreConnect, expressed his excitement: "Integrating these partnerships, solutions, and resources into iCoreConnect’s ecosystem marks a major milestone in our mission to understand better and address the changing needs of medical and dental practices. The new Healthcare Circle of Excellence website will be an invaluable resource for our partners, practices, practitioners, and students nationwide. We are thrilled about the opportunities this acquisition brings to further support the financial success of healthcare practices."
Certain former members of HCofE have joined iCoreConnect and shared their enthusiasm: "We are thrilled to join the iCoreConnect team and leverage their technologies, resources, and expertise in supporting practices, partnerships, and associations. This partnership will empower our local HCofE teams to support healthcare communities across the country successfully."