{"id":384270,"date":"2020-11-18T12:16:17","date_gmt":"2020-11-18T17:16:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384270"},"modified":"2020-11-18T12:16:17","modified_gmt":"2020-11-18T17:16:17","slug":"icoreconnect-reports-136-increase-in-q3-2020-revenue","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/","title":{"rendered":"iCoreConnect Reports 136% Increase in Q3 2020 Revenue"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">WINDERMERE, FL, Nov.  18, 2020  (GLOBE NEWSWIRE) &#8212; <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9XYd9F4zNTXaZbcT1DkhN_PKeQDe182ejqcg7OW7jWbVCNlhykfBKtz6FrupE4r1OHvXCKWBbrJN-zK9cytT4DLIcJ70mO6j13liKsfHbyw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">via NewMediaWire<\/a>\u00a0<\/u>&#8212; iCoreConnect, Inc. (OTCQB: ICCT) reports financial results for the three and nine-month periods ending September 30, 2020.\u00a0 iCoreConnect is a cloud-based, Software as a Service (SaaS) company focused on increasing profit and operational speed in healthcare. iCoreConnect is most notably known for its innovation in solving business problems for dental and medical providers.<\/p>\n<p align=\"start\">Key Highlights:<\/p>\n<ul>\n<li>\u00a0Q3 2020 net revenues increased 136% compared to the Q3 2019\u00a0<\/li>\n<li>\u00a0Q1-Q3 2020 net revenues increased 86% compared to Q1-Q3 2019<\/li>\n<li>\u00a0Recurring revenue composed the majority of net revenue growth<\/li>\n<\/ul>\n<p align=\"start\">\u201cThe first three quarters of 2020 have allowed iCoreConnect to display the performance and market acceptance of our iCoreRx e-Prescribing software,\u201d states iCoreConnect President and CEO Robert McDermott. \u201cIn addition to directly increasing monthly recurring revenue, iCoreRx\u2019s performance has also led to an expansion of our HIPAA-compliant email iCoreExchange.\u00a0 Many customers first commit to iCoreRx and then opt to add iCoreExchange.\u201d<\/p>\n<p align=\"start\">iCoreRx e-Prescribing software not only allows healthcare providers to comply with a surge of state laws throughout the U.S. regarding Electronic Prescribing for Controlled Substances (EPCS),it provides a multitude of features that doctors use to speed their daily processes while combating challenges posed by the opioid and pain killer epidemic.\u00a0 Doctors gain instant access to detailed drug information, including dosing options, contraindications, and discontinued meds.\u00a0 The software also displays patient prescribing history to the doctor, removing patient burden to remember and accurately relay all medications the patient may be currently taking.\u00a0 This stops allergy reactions, drug to drug interactions and adverse drug events.<\/p>\n<p align=\"start\">Prescribers in many states are also required to check Prescription Drug Monitoring Program (PDMP \/ PMP) databases before prescribing certain or all controlled substances.\u00a0 This effort aims to reduce overprescribing to patients by equipping doctors with real-time data about controlled substances recently or previously dispensed.\u00a0 iCoreRx + PMP add-on module allows doctors to add this check to their e-Prescribing environment in a manner that substantially saves time over traditional methods to access this information.<\/p>\n<p>\u201cWe\u2019re very pleased with the execution of our roadmap for our entire platform of products,\u201d said McDermott.\u00a0 \u201cOur Land &amp; Expand strategy is reflected in these results.\u00a0 I view these numbers as additional evidence of our team\u2019s ability to execute our roadmap, read the market and adapt where necessary, even in the face of unexpected factors such as the pandemic.\u201d<\/p>\n<p>iCoreConnect recognitions include:<\/p>\n<p>&#8211; Top 25 IoT Solution Providers 2019 by CIO Applications Magazine<\/p>\n<p align=\"start\">&#8211; Top 10 Encryption Solution Providers 2018 by Enterprise Security Magazine<\/p>\n<p align=\"start\">&#8211; Top 10 Dental Solutions 2018 by Healthcare Tech Outlook<\/p>\n<p align=\"start\">&#8211; Top 50 Products of 2017 by Dental Products Report Magazine<\/p>\n<p align=\"start\">\n        \n      <\/p>\n<p align=\"start\">iCoreConnect\u2019s unequivocal commitment responding to the market has resulted in agreements with the following organizations:<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Colorado Dental Association (iCoreExchange, iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Florida Dental Association Crown Services (iCoreExchange, iCoreDental)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Georgia Dental Association (iCoreExchange)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Louisiana Dental Association (iCoreExchange)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Maine Medical Association (iCoreExchange, iCoreMD)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Michigan Dental Association (iCoreExchange, iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Mississippi Dental Association (iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Missouri Dental Association (iCoreRx, iCoreExchange, iCoreDental, iCoreHuddle, iCoreIT, iCoreCodeGenius)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Montana Dental Association (iCoreRx, iCoreDental, iCoreExchange, iCoreHuddle)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 New Orleans Dental Association (iCoreDental)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 New York State Dental Association (iCoreExchange)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 North Carolina Dental Society (iCoreRx, iCoreExchange)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Oklahoma Dental Association (iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Oregon Dental Association (iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 South Carolina Dental Association (iCoreExchange, iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 StartUp Health (iCoreExchange, iCoreMD, iCoreDental, iCoreCodeGenius, iCoreHuddle, iCoreFlex, iCoreRx, iCoreIT)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Texas Dental Association Perks Program (iCoreExchange, iCoreDental, iCoreHuddle, iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Virginia Dental Association\/VDA Services (iCoreExchange, iCoreRx)<\/p>\n<p align=\"start\">&#8211; \u00a0 \u00a0 \u00a0 Wyoming Medical Society (iCoreExchange, iCoreMD, iCoreCodeGenius)<\/p>\n<p align=\"start\">\n        <br \/>About iCoreConnect<br \/>iCoreConnect is a cloud-based software and technology company focused on increasing profit and operational speed in high-compliance industries. iCoreConnect is most notably known for its innovation in solving healthcare business problems. The company\u2019s philosophy is built on a high level of customer feedback, allowing iCoreConnect to respond to the market\u2019s needs.\u00a0 iCoreConnect touts a platform of more than a dozen SaaS enterprise solutions and more than 40 agreements with state or regional healthcare associations. iCoreConnect is a member of the prestigious StartUp Health accelerator.<\/p>\n<p>Forward Looking Statements<\/p>\n<p align=\"start\">In this news release, the use of the words &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;expect,&#8221; &#8220;may,&#8221; &#8220;positioned,&#8221; &#8220;project,&#8221; &#8220;projected,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;would&#8221; or similar expressions are intended to identify forward-looking statements that represent the Company&#8217;s current judgment about possible future events. The Company believes these judgments are reasonable, but these statements are not guarantees of any events or financial results, and actual results may differ materially due to a variety of important factors.<\/p>\n<p align=\"start\">Cile Spelce<br \/>cspelce@iCoreConnect.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODU2NyMzODM0MDMxIzUwMDA2NjQ0Mg==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6d6edd29-6b44-447c-8334-e3f3af85c002\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WINDERMERE, FL, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212; iCoreConnect, Inc. (OTCQB: ICCT) reports financial results for the three and nine-month periods ending September 30, 2020.\u00a0 iCoreConnect is a cloud-based, Software as a Service (SaaS) company focused on increasing profit and operational speed in healthcare. iCoreConnect is most notably known for its innovation in solving business problems for dental and medical providers. Key Highlights: \u00a0Q3 2020 net revenues increased 136% compared to the Q3 2019\u00a0 \u00a0Q1-Q3 2020 net revenues increased 86% compared to Q1-Q3 2019 \u00a0Recurring revenue composed the majority of net revenue growth \u201cThe first three quarters of 2020 have allowed iCoreConnect to display the performance and market acceptance of our iCoreRx e-Prescribing software,\u201d states iCoreConnect President and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;iCoreConnect Reports 136% Increase in Q3 2020 Revenue&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384270","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>iCoreConnect Reports 136% Increase in Q3 2020 Revenue - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iCoreConnect Reports 136% Increase in Q3 2020 Revenue - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WINDERMERE, FL, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212; iCoreConnect, Inc. (OTCQB: ICCT) reports financial results for the three and nine-month periods ending September 30, 2020.\u00a0 iCoreConnect is a cloud-based, Software as a Service (SaaS) company focused on increasing profit and operational speed in healthcare. iCoreConnect is most notably known for its innovation in solving business problems for dental and medical providers. Key Highlights: \u00a0Q3 2020 net revenues increased 136% compared to the Q3 2019\u00a0 \u00a0Q1-Q3 2020 net revenues increased 86% compared to Q1-Q3 2019 \u00a0Recurring revenue composed the majority of net revenue growth \u201cThe first three quarters of 2020 have allowed iCoreConnect to display the performance and market acceptance of our iCoreRx e-Prescribing software,\u201d states iCoreConnect President and &hellip; Continue reading &quot;iCoreConnect Reports 136% Increase in Q3 2020 Revenue&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-18T17:16:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODU2NyMzODM0MDMxIzUwMDA2NjQ0Mg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"iCoreConnect Reports 136% Increase in Q3 2020 Revenue\",\"datePublished\":\"2020-11-18T17:16:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/\"},\"wordCount\":743,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4ODU2NyMzODM0MDMxIzUwMDA2NjQ0Mg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icoreconnect-reports-136-increase-in-q3-2020-revenue\\\/\",\"name\":\"iCoreConnect Reports 136% Increase in Q3 2020 Revenue - 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(OTCQB: ICCT) reports financial results for the three and nine-month periods ending September 30, 2020.\u00a0 iCoreConnect is a cloud-based, Software as a Service (SaaS) company focused on increasing profit and operational speed in healthcare. iCoreConnect is most notably known for its innovation in solving business problems for dental and medical providers. Key Highlights: \u00a0Q3 2020 net revenues increased 136% compared to the Q3 2019\u00a0 \u00a0Q1-Q3 2020 net revenues increased 86% compared to Q1-Q3 2019 \u00a0Recurring revenue composed the majority of net revenue growth \u201cThe first three quarters of 2020 have allowed iCoreConnect to display the performance and market acceptance of our iCoreRx e-Prescribing software,\u201d states iCoreConnect President and &hellip; Continue reading \"iCoreConnect Reports 136% Increase in Q3 2020 Revenue\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-18T17:16:17+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODU2NyMzODM0MDMxIzUwMDA2NjQ0Mg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"iCoreConnect Reports 136% Increase in Q3 2020 Revenue","datePublished":"2020-11-18T17:16:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/"},"wordCount":743,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODU2NyMzODM0MDMxIzUwMDA2NjQ0Mg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/icoreconnect-reports-136-increase-in-q3-2020-revenue\/","name":"iCoreConnect Reports 136% Increase in Q3 2020 Revenue - 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