How Technology Is Transforming the Dental Industry

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Nov. 5 (Bloomberg) -- Henry Schein CEO Stan Bergman discusses how technology is transforming the dental industry with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Schein.

If you have animals or pets in your life, you have probably touched a product made by henry schein.

He talks about vertical integration, but using technology as the platform.

You are doing the same -- a very similar thing when it comes to dentist office, right?

Technology is changing dentistry to my and health care in general.

If you take prosthetics, a digital scan of the mouth, sending an impression to the mill, where the mill can fabricate the crown or the bridge chair side, and then send the same impression to the lab, where the lab will automatically fabricate the crown and the bridge.

Technology is so important today and is transforming our lifestyle.

It sounds like this will cut the amount of time necessary to do these kind of dental procedures.

What does it do to the cost?

The cost will be a lot less for the dentist, and therefore for the patient in the end.

Not all prosthetics will be able to be sent to a chair side no.

But about -- a chair side mill.

But a lot will be.

And a lot will be sent to a lab for automation.

That will also reduce the costs.

Can this be connected to the electronic system that is used in dental offices so that they have electronic records and are able to check inventory levels and so on?

Today in the dental office, you have a digital chart, electronic medical records.

In the dental office, it starts out with the layout of all the teeth.

And that is on the screen.

The dentist can just go to the particular tooth they are working on, pull it up on the screen, and if there are x-rays that tie in, that will come up on the screen as well.

All digitally undertaken.

It seems that the efficacy of this system might be something that is enviable when it comes to the affordable care act and the various online health-care exchanges.

How has the reform in health care affected your business?

When you come to digitalization of electronic medical records, we've made advances in that area.

First, the technology is great.

But not all medical officers have electronic medical records yet.

It is expensive.

It is relatively expensive, but the cost is not as much in the software as in taking all those medical records and scanning them into the system.

People do not really want to do that until they have to.

At a cost of reducing the number of errors, the efficiency in the practice will go up significantly once we automate all electronic medical records in the doctor's office.

That will reduce health-care costs.

There is a report that the online exchanges for health care are now nate -- now able to except 17,000 applicants, i believe, per minute.

Do you think they will work all of the problems -- not maybe all, but will they work most of the problems out of this online sign-up?

This text has been automatically generated. It may not be 100% accurate.

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