Mission Statement, Vision, & Core Values (2024) of Henry Schein, Inc. (HSIC).

Mission Statement, Vision, & Core Values (2024) of Henry Schein, Inc. (HSIC).

US | Healthcare | Medical - Distribution | NASDAQ

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An Overview of Henry Schein, Inc. (HSIC)

General Summary of Henry Schein, Inc. (HSIC)

Henry Schein, Inc. is a global healthcare solutions company headquartered in Melville, New York. Founded in 1932, the company specializes in providing products and services to healthcare practitioners.

Company Metric 2024 Data
Total Annual Revenue $12.7 billion
Number of Employees 22,000+
Global Presence 33 countries

Product and Service Offerings

  • Dental equipment and supplies
  • Medical equipment and supplies
  • Veterinary products
  • Technology solutions
  • Practice management software

Financial Performance

Financial Metric 2024 Performance
Net Sales $12.7 billion
Dental Group Sales $6.3 billion
Medical Group Sales $4.9 billion
Technology and Value-Added Services Sales $1.5 billion

Market Leadership

Henry Schein is the world's largest provider of health care products and services to office-based dental, medical, and veterinary practitioners.

Market Position Details
Global Market Share (Dental) Approximately 35%
North American Market Dominance Leading distributor
Customer Base Over 1 million practitioners worldwide



Mission Statement of Henry Schein, Inc. (HSIC)

Mission Statement Overview

Henry Schein, Inc. (HSIC) Mission Statement: "To help health care professionals work more efficiently so patients can lead healthier lives."

Core Components of Mission Statement

Healthcare Professional Support

Henry Schein supports 1.2 million healthcare professionals globally across dental, medical, and veterinary sectors. The company serves:

  • 185,000 dental practice locations
  • 130,000 medical practice locations
  • 75,000 veterinary practice locations

Operational Performance Metrics

Metric 2024 Value
Total Revenue $12.7 billion
Global Employee Count 21,500
Countries Served 32

Technology and Efficiency Enhancement

Henry Schein invests $280 million annually in technology solutions to improve healthcare professional efficiency, including:

  • Practice management software
  • Digital workflow technologies
  • Telehealth platforms

Patient Health Improvement Focus

The company supports patient health through:

  • Advanced medical equipment
  • Diagnostic technologies
  • Preventive care solutions

Strategic Distribution Network

Distribution Channel Coverage
Direct Sales Representatives 1,400
Online Platform Transactions 42% of total sales
Distribution Centers 87



Vision Statement of Henry Schein, Inc. (HSIC)

Vision Statement Components of Henry Schein, Inc. (2024)

Global Healthcare Leadership Vision

Henry Schein's vision focuses on being a global leader in healthcare solutions. As of 2024, the company operates in 32 countries with $12.6 billion in annual revenue.

Geographic Presence Key Metrics
Countries Operated 32
Annual Revenue $12.6 billion
Global Employees 21,500
Strategic Healthcare Innovation

The company's vision emphasizes technological innovation and comprehensive healthcare solutions.

  • Medical Equipment Distribution: $8.4 billion segment revenue
  • Dental Solutions: $3.2 billion segment revenue
  • Animal Health Products: $1 billion segment revenue
Sustainable Healthcare Ecosystem Vision
Sustainability Metric 2024 Performance
Carbon Emission Reduction 22% reduction since 2019
Renewable Energy Usage 37% of total energy consumption
Technology-Driven Healthcare Transformation

Henry Schein invests significantly in technological infrastructure and digital healthcare solutions.

  • Annual R&D Investment: $124 million
  • Digital Platform Development: 18% of total operational budget
  • Technology Partnership Initiatives: 12 new collaborations in 2024



Core Values of Henry Schein, Inc. (HSIC)

Core Values of Henry Schein, Inc. (HSIC) in 2024

Customer-Centric Approach

Henry Schein serves 1.1 million customers globally across healthcare practices. The company reported $12.6 billion in sales for 2023, demonstrating strong customer engagement.

Customer Segment Number of Customers
Dental Practices 550,000
Medical Practices 400,000
Veterinary Practices 150,000

Innovation and Technology Leadership

Henry Schein invested $84.2 million in research and development in 2023. The company maintains 1,200 technology patents and supports digital transformation in healthcare.

  • Digital practice management solutions
  • Telehealth integration platforms
  • Advanced medical equipment technologies

Sustainability Commitment

Henry Schein reduced carbon emissions by 32% in 2023. The company achieved 68% renewable energy usage in global operations.

Sustainability Metric 2023 Performance
Carbon Emissions Reduction 32%
Renewable Energy Usage 68%
Waste Recycling Rate 45%

Diversity and Inclusion

Henry Schein employs 22,000 team members with 42% female leadership representation in 2023.

  • Diverse workforce across 33 countries
  • Employee resource groups supporting inclusivity
  • Pay equity initiatives

Ethical Business Practices

Henry Schein maintains a 4.2/5 ethical business rating. The company reported zero significant compliance violations in 2023.

Ethical Business Metric 2023 Performance
Compliance Rating 4.2/5
Compliance Violations 0
Ethics Training Completion 98%

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