Written by DTC Miami
Created 08/6/2018
Dental implants can help increase revenue at your dental practice. While it requires some initial investments, the financial gains will be evident. When considering to include implant dentistry in your practice, it is important to have guidance in how to intelligently provide this service to patients. When about 36 million Americans do not have any teeth, and 120 million people in the U.S. are missing at least one tooth. These numbers are expected to grow in the next two decades.” (1). Clearly, dental implants are one of the highest forms of aesthetics for replacing teeth and many people are in need and desire of them. The upfront costs of implant dentistry may seem overwhelming, but “Dental implants are lucrative. They’re a high ticket item that can pull in around $2,000 in the Midwest and $5,000 on the east and west coasts per implant body placement alone.”(2).
Some of the initial investments are:
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An Implant System
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Professional Training
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Staffing
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Implant Drill Motor
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Surgical Kit
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Dental Implants
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Cone Beam Computerized Tomography (CBCT)
According to Ahmed Ezzeldin, DDS and Justin Clemens, DDS:
“You might think that you aren’t planning on placing 20 or 30 implants right away, so why would you need that many? Well, you need to have a variety of sizes in your wheelhouse for treatment planning purposes. One implant size does not fit all. You’ll find that you’ll have a “go to” size as time goes on, but until your learning curve is lessened, it’s wise to have a variety of implants on hand.”(3).
Some implant companies offer free or discounted implant drill motors and surgical kits when you purchase 20 or 30 implants which is beneficial when you are incorporating implant dentistry in your practice. Many of the initial investments are one-time investments when intelligently purchased. According to Roger P. Levin, DDS, MBA:
“Implant dentistry is advantageous to patients as well as productive and profitable for practices….A 30% to 40% higher production per case will not only maintain the profit margin of most practices, but will actually significantly increase real profit. This ultimately translates into increased doctor income.” (4).
Many dentist already know the success rate of dental implants. It is time for dentist to know how to intelligently incorporate dental implants in their practices, so that “Your practice can potentially produce a half million dollars in additional gross revenue over the next six years without taking away from current production.”(5).