Private dental practice NHS fees
Date of Foundation
2023

Private dental practice NHS fees

"Accessible Quality Dental Services"

The Idea origin story

Our startup's vision is to revolutionize the dental care sector by running a private practice that offers top-tier, affordable services at prices similar to those of NHS fees. We concentrate on preventive measures with protocols designed from proven scientific data. This innovative approach ensures superior patient experiences, coupled with wallet-friendly pricing and exceptional quality care, creating an unprecedented benchmark in the industry.

The Mission

5,000 residents lost their NHS dental practice, leaving many without access to affordable dental care.

Clients

Dartmouth locals and surrounding towns. 0-17 year olds: 733, 18-64 year olds: 2854, 65 and over: 1,700.

Problems we solve

Client’s problem

Your startup could potentially solve the problem of lack of access to affordable dental care, especially for those who've lost their NHS coverage. It can also address issues related to long wait times due to limited options in your locality. Your focus on preventive care could reduce the incidence and severity of oral diseases in your customer demographics: kids, adults, and seniors.

Confirmation of problem

The NHS practice closed

Solution

Diversify your services and charge reasonable prices, ensuring dental health accessibility for all. Also, seek foundation support to subsidize costs for low

Our technologies

This solution is based on technologies

How it works

Our practice uses the C.A.M.B.R.A. tool for decay risk assessment, placing patients in categories and providing evidence-based treatment accordingly.

Value for the client

"Providing quality dental care at affordable prices to fill the gap left by loss of NHS service for residents in and around Dartmouth."

Market and strategy

Market size

0.5

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

60

% of the market

Is our goal in the next 3 years

Team

My name’s

Eugene Boje

My key role in the product

My key role is setting up and managing the practice, responsible for strategic planning, financial management, and ensuring smooth operations.

Team size and key members

Eugene, BDS holder, got MSc in Restorative Dentistry and MBA from Warwick. Founded a startup: Airlocum.

Competitors

Competitors

Three private practices in town. New practice fees will be between 75% to 125% cheaper than these traditional private practices.

Our Advantages

We use C.A.M.B.R.A for tooth decay assessments, categorizing patients into Low, Moderate, High risk. Visits are based on this category. Each gets evidence-based treatment protocol and at-home care products. We treat caries as a medical condition not a mechanical problem!

Business model

Subscription model. £5.50-£15.92/mo covers hygienic treatments and assessments. Fillings, extractions & crowns mimic NHS charges + lab fees for crowns/dentures.

Traction

Elevate your product's evolution journey. Enhance efficiency while also introducing breakthrough, user-friendly experiences that encapsulate cutting-edge trends and streamline workflow for users. Be extraordinary—transform from None to something unparalleled!

The company is set to achieve self-sustenance from the fourth month, fueling its own growth through generated revenues.

Metrics

Managing 1200 patients actively, we project a Customer Acquisition Cost (CAC) of £2.80 and Life Time Value (LTV) at an impressive £1,500. With churn rate pegged at 8% annually & retention standing strong at 75%, we anticipate conversions to be around the mark of 65%.

Incorporation

Our company incorporated in

United Kingdom

Key risks

Potential risks of your startup include: cost overruns, lower-than-expected patient turnout, competition from other dental offices, changes in government policies that may affect NHS fees and reimbursements, difficulty in maintaining quality standards due to low pricing.

Investments

$

0

We raised investments

Our Investors

No investors yet

Rising Investments

$

32000

Currently, we are raising investments

$

500000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Our startup's novel approach can decrease the prevalence of traditional 'drill and fill' dental treatments by an impressive 20%-38% every two years.

Idea