Is your dental equipment fit for purpose?Published on 12th June 2018 - Last update on 8th January 2019
As a healthcare professional, patient safety is your first and foremost concern. Everyday, your practice relies on essential dental equipment. It’s what forms the foundation of each one of your services, keeping your patients satisfied. Yet, over time, equipment suffers from wear and tear or becomes obsolete as more advanced models are released. So, in order to provide a quality service, replacing ageing dental equipment is vital, and really shows that you take your patients’ wellbeing seriously. Although acquiring new equipment can prove challenging for even the most financially sound dental practice, you must ensure that the equipment you use is compliant to the relevant safety standards. Settling for anything less puts patient safety at risk. So if your practice is in need of up-to-date dental equipment, here’s what you need to consider.
The importance of using compliant dental equipment
Whenever your patients book an appointment, they’re relying on you to deliver the highest standards in dental healthcare. Whether you’re providing cosmetic dentistry or deep cleaning services, they want to be confident in the fact that you’re using the latest, state-of-the-art dental technology, equipment and supplies. Using anything that doesn’t comply with regulatory standards would be a breach of trust, which risks injury, exposure to infection and potential disciplinary action for you, so keeping your dental equipment up-to-date is an absolute must.
Spotting defective counterfeit dental equipment
Although dental equipment can be expensive, you simply can’t afford the risk of using counterfeit equipment. When searching, you’re bound to encounter any number of deals which may offer you dental equipment at a cheaper rate. However, you need to tread carefully. What might seem like a great deal could be a potential disaster in waiting if you don’t know what to look out for. So when looking for cost-effective dental equipment, some of the questions you need to consider are:
- Does the branding/logo on the equipment look correct?
- Is the item a lot cheaper than what it should be?
- Is the item lighter than what it should be?
- How trustworthy is the supplier?
- Does the equipment have a UK compliant power plug?
If you have any doubts regarding the item’s authenticity, don’t put your patient’s health on the line. You can report any suspected counterfeit dental equipment using the MHRA yellow card scheme.
Financing dental equipment for your practice
Despite dental technology often being very expensive, there are many ways you can gain access to the equipment you need without resorting to counterfeit or cheap goods. One way of making dental equipment more affordable for your practice is by applying for Asset Finance. Asset Finance covers a variety of finance solutions which allow you to either borrow equipment on a lease or spread the overall purchase price. You could even refinance your existing unencumbered assets (equipment, machinery or vehicles) in order to release equity to support upfront purchases. That’s because by choosing to explore what Asset Finance has to offer you could apply for Hire Purchase, Leasing or Asset Refinance. Therefore, you can now keep up with the latest advances in dental technology without destabilising your finances or risking patient safety.
Does your practice need help keeping up with the latest dental technology?
In order to deliver a high-quality service to each one of your patients, using the most advanced dental equipment on the market is crucial. However, the total outlay could exceed what your practice can safely afford. Although it can be tempting to just draw funds from your own savings or settle for cheaper alternatives, you could acquire everything that your practice needs by applying for Asset Finance. The only challenge you need to overcome now is sourcing the most appropriate solution. Fortunately, help is at hand.
At Rangewell, we’re an Access to Finance specialist working with over 300 lenders to offer you an overview of more than 23,000 business finance products. Our services are free to use and we’ll also guide through the application process. We’re with you every step of the way. So if you’re looking for a cost-effective way of acquiring state-of-the-art dental technology to keep your practice ahead of the competition, apply for Asset Finance today or find out more with Rangewell.
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