2022 marks 90 years since Henry Schein opened his pharmacy in Queens, New York, during the depth of the Great Depression. Since 1932, Henry Schein, Inc. has grown to become a global leader in delivering health care solutions for one million customers worldwide. With more than 22,000 Team Schein Members and operations or affiliates in 32 countries and territories, the Company's network of trusted advisors provides more than 300 valued solutions that help improve operational success and clinical outcomes for health professionals. Today, as a FORTUNE 500 Company, Team Schein is celebrating our past and embracing our future.
Since Henry Schein opened his pharmacy in Queens, New York in 1932, our organization has become a Fortune 500® Company and the largest provider of health care products and services to office-based dental and medical practitioners. As we continue to evolve, Henry Schein, Inc. remains committed to the values-based culture that Henry and his wife, Esther, infused in their business nine decades ago, and to serving our customers, supplier partners, investors, society and Team Schein. By holding fast to our enduring values and focusing on our future, we are certain that our best years are yet to come.
Over the course of 90 years, Henry Schein, Inc. has frequently reinvented the organization to meet customer needs, taking advantage of new technologies and tapping into burgeoning markets. Below are some of the changes that Henry Schein has undergone and innovations we have introduced over the course of nine decades.
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Henry Schein acquires:
Sales: $6.4 Billion; 12,500 TSMs.
"For more than 75 years, our values-based Team Schein culture, our unsurpassed level of customer service, and our commitment to social responsibility have distinguished Henry Schein in the marketplace. As we continue to grow beyond this milestone year, preservation of this unique corporate culture will ensure that our best years are still to come." — Stanley M. Bergman.
Henry Schein is ranked Number 1 in the industry for social responsibility; Sales: $5.15 Billion; more than 11,000 TSMs.
Henry Schein celebrates 10 years as a publicly traded company.
Henry Schein debuts on Fortune 500®; introduces Tomorrow's Dental Office Today (TDOT); Sales: $3.9 Billion; 9,600 TSMs.
Henry Schein establishes Sullivan-Schein University; begins role as exclusive distributor of professional products for ADA's Give Kids A Smile! program; Sales: $2.68 Billion; 6,900 TSMs.
Company introduces the Digital Dental Office, Privileges customer loyalty program, and Customer Analysis Tool (CAT) system; establishes the Henry Schein Cares global social responsibility program.
Henry Schein becomes the only Pan-European dental, medical, and veterinary distributor; Sales: $2.38 Billion; 6,200 TSMs.
Sales: $1.92 Billion; 5,500 TSMs.
Company becomes largest healthcare distributor serving office-based practitioners.
Company introduces unique integrated sales and marketing approach to serving customers (field sales, telesales, direct marketing); Sales: $830 Million; 3,200 TSMs.
Henry Schein is listed on Nasdaq Marketplace (HSIC), raising $72.8 million in the initial public offering; acquires Veratex.
Company leads the industry with a dental practice-management software system; electronic claims processing is offered.
Henry Schein begins international expansion (The Netherlands, United Kingdom, and Spain).
Stanley Bergman becomes Chairman and CEO of Henry Schein following the untimely death of Jay Schein; Sales: $225 Million; 890 TSMs.
Henry Schein introduces the Protex program to educate the dental profession about infection control.
Company focuses on veterinary dentistry.
Company becomes first in the industry to fully automate the distribution cycle.
Introduction of TouchTone™ telephone ordering.
Jay Schein becomes Chairman and CEO of Henry Schein, Inc., beginning a new period of record growth and prosperity for the Company.
Sales: $58 Million; 180 TSMs.
Company focuses on dental practitioners, concentrating on operational excellence and discounted prices.
Sales: $5.7 Million; 35 TSMs.
Company introduces 1st Henry Schein Catalog.
Sales: $1 Million; 15 TSMs.
Henry Schein shifts business focus from consumers to office-based practitioners.
Sales: $175,000; 4 TSMs.
Company begins direct sale of penicillin to customers.
Company introduces private-brand dental, medical, and veterinary products.
Company fulfills mail order prescriptions using flyers.
Henry Schein is founded by Henry and Esther Schein as a storefront pharmacy in Queens, NY; 2 TSMs.