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Study: Each New Aspen Dental Office Opening Positively Impacts Local Economy

Posted on Wednesday, November 27, 2013

SYRACUSE, N.Y. /PRNewswire/ -- A July 2013 Syracuse University Whitman School of Management study reveals that the opening of a new Aspen Dental-branded office generates a significant positive economic impact of more than $1.3 million on a community.

The study analyzed data from a 12-month period, taking the following key factors into account:  investment in office construction, furniture and fixtures; jobs created and wages and benefits paid; taxes; and investment in marketing and advertising.

"We're on track to open 55 new locations in 2013, and are proud that those offices not only benefit patients though access to quality, affordable dental care, but also the local communities in terms of investment and job creation," said Brian Holtz, director of new office development at Aspen Dental Management, Inc.

Each new office generates an average of ten healthcare professional and office staff jobs in the local community.

"The local economic impact is significant," said Terry Brown, executive director of the Falcone Center for Entrepreneurship at Syracuse's Whitman School of Management, who oversaw the research. "In addition to a positive impact of more than $1.3 million on one community alone, we must also recognize the positive qualitative impact of opening a dental practice in underserved communities, including increased access to dental care for citizens and the number of jobs created."

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