Tips for Opening a Dental Satellite Office
Expanding your dental practice by opening a satellite office can be an exciting opportunity to grow your business, reach new patients, and increase your offerings.
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Expanding your dental practice by opening a satellite office can be an exciting opportunity to grow your business, reach new patients, and increase your offerings.
Are you thinking about a new imaging system for your practice? No matter whether you're setting up or upgrading, your practice needs the right imaging technology for the short and long-term.
Starting a dental practice can be a fulfilling career step, but it requires more than clinical skills alone. Establishing a successful practice involves careful planning, strategic financial decisions, and a comprehensive understanding of business operations.
It seems like no matter where you turn, from CE courses, to dental conferences, to webinars, trainings and more, doctors are getting more comfortable with the idea of upgrading to CBCT. And it's clear to see why, for many it's been a proven model for success.. allowing you to expand your service offering and keep more referrals in-house.
So, will 2025 be the year your practice makes the investment to upgrade from 2D imaging to 3D dental CBCT (cone beam)? If so, you’re in luck! There’s never been a better time to invest in CBCT.
With more CBCT brands in the market than ever before, prices continue to get more affordable while the technology steadily improves.
It’s hard to believe, but it’s that time of year again to start thinking about how to reduce your practice’s tax liability for 2024.
Section 179 of the IRS tax code, designed to encourage small businesses, including many private practices, to invest in their practice and allow them to deduct the full purchase price of qualifying equipment and/or software that has been purchased or financed during the tax year from their total gross income.
For dental practices, this means that the cost of capital equipment such as CBCT, digital X-ray machines, intraoral scanners, and even software can be fully or partially deducted from gross income. This means your practice can write off the full purchase amount this year and are no longer required to depreciate the equipment over time as they have in previous tax years.
Calculating this deduction effectively can help reduce tax liabilities and improve cash flow for practices. Here’s a guide to understanding and calculating the Section 179 deduction for dental imaging equipment.
While running a dental practice is certainly rewarding, let's face it, it comes with it's fair share of challenges. From managing costs to ensuring top-notch patient care, dentists have added responsibilities from their medical training in running their business.
The dental industry is constantly evolving, with exciting, new advancements in tech driving the need for updated equipment.
Extraoral X-ray machines, in particular, are essential tools for diagnostics and treatment planning. For most practices, from panos, pan/cephs to CBCTs, these are essential for the day-to-day operations and all diagnostic work.
Many dentists will tell you: staying updated with the latest technology is crucial for providing high-quality patient care.
Are you looking for ways to economy-proof your practice? Across the country, dental practices are looking to increase their profitability by retaining more patients, lowering overhead and increasing their service offerings.
CBCT is a proven method towards increasing a dental practice's profitability.
Why?
3D imaging available through CBCT allows doctors to retain more procedures, and gives a visual aid for educating your patients - opening the door for increased treatment acceptance.
Think of CBCT as a tool to allow you to do more, better dentistry!
So, are you ready? Today, we're going to talk about the qualifiers and considerations dentists (regardless of specialty) should take when considering an upgrade from 2D imaging to CBCT.. based on feedback we've received from doctors we've worked with.
As a dental professional, the 4 letters CBCT are likely not new to you. After all, you’ve probably heard CBCT or dental cone beam computed tomography mentioned in a CE course, webinar, dental conference, by a colleague or coworker or in your dental studies.
But, if you’re accustomed to using 2D imaging now, why switch to 3D dental cone beam CT?