Credit: Benyamin Bohlouli via Unsplash
As the owner of a dental clinic, the majority of your revenue comes from providing dental care, but did you know that you can also explore additional revenue streams? One of the revenue streams available to you is recycling gold dental scrap.
With the rising value of gold and the increasing interest in recycling and sustainability, more and more dental clinics are unlocking new sources of income by partnering with companies that can make the most out of precious metals used in dental care.
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What Precious Metals Are Used in Dentistry?
There are several precious metals used in dentistry, including gold, silver, platinum, and palladium. Most are used for crowns, inlays, onlays, bridges, fillings, and more.
While the quantities of precious metals used in dentistry are quite small, metals like gold, platinum, and palladium are very expensive, selling for thousands of dollars per ounce. It can be quite worth your while to collect dental scrap.
Collecting Dental Scrap
Crowns, bridges, inlays, and onlays have a limited lifespan. Dental crowns, on average, last between five and fifteen years before they need to be replaced. When dental clinics replace restorations due to wear and tear, the valuable metals that they contain can still be sold and recycled as a new revenue stream.
Why Dental Clinics Should Recycle Gold
Environmental Benefits: Recycling precious metals is a sustainable practice that makes a real difference. Mining gold and other precious metals can have a major environmental impact. Metal recycling is one of the most effective ways to reduce the need for gold mining. Recycling is a more sustainable practice that’s part of eco-friendly dentistry.
New Revenue: With the recent increase in the value of precious metals, recycling dental scrap has become a more profitable practice. Finding the right buyer for recyclable dental scrap will give you an extra revenue stream with minimal upfront costs. When you need to find a way to add extra revenue without spending a lot on capital investments or hiring new staff, dental scrap recycling can add extra income that you can invest back into your practice, whether that’s state-of-the-art equipment, higher wages for staff, or collecting higher profits.
Partnering with a Gold Recycling Company
Dental clinics need a reliable partner to recycle precious metal dental scrap. They can make the process of collecting and selling precious metal dental scrap quick and easy. Here’s how a recycling partner can make collecting dental scrap easier:
Free Dental Scrap Collection Kits
Companies like Muzeum Dental Refining provide dental clinics with free kits to start collecting scrap. A kit allows you to collect dental scrap safely and securely until you have accumulated enough to sell.
You should be able to sell your dental scrap just by shipping your kit to the recycling company. Pre-printed, prepaid return shipping labels allow you to ship materials whenever you are ready.
Take a Payout After the Refining Process
If you want the best possible returns for dental scrap, you want to wait until after the refining process before accepting a payout. It is difficult to estimate the quantity of precious metals available before the refining process. Accepting payments before refining may mean that you’re accepting less than you should get.
Add new revenue with dental scrap! Find a partner for precious metal recycling and turn scrap into extra income.