Teledentistry company SmileDirectClub completed a $255 million secured debt facility for its SmilePay subsidiary.
SmilePay is a payment model for the company’s clear aligner system that allows patients to make monthly payments after a $250 deposit.
SmileDirectClub entered into a loan agreement with HPS Investment Partners with a 42-month secured delayed-draw term loan facility. It is secured with interest in SmilePay’s assets, which the company said April 28 consist of certain receivables, cash, intellectual property and related assets.
Dental AI company Pearl has launched Claimcheck, an AI-powered program to improve the accuracy and efficiency of the insurance claim…
Two faculty members at the University at Buffalo (N.Y.) School of Dental Medicine have received seed grants to develop new…
Dental AI company Pearl has partnered with Open Dental Software to integrate Pearl's AI program into Open Dental's practice management…