ADSO released a report detailing key trends in the dental industry for 2024, including workforce shortages, diversity and changes in practice types.
The report also includes statistics on costs associated with opening a new practice.
Here are two costs to know:
1. Opening a new dental practice can cost an average of about $120,000 for a renovated office and $480,000 for a newly constructed office.
2. Equipment costs for a new practice can range from $50,000 for a three-chair practice to about $70,000 for a six-chair practice.
