Benco Dental Explained

Benco Dental
Type:Dental supply and equipment distributor
Genre:Private
Foundation:1930
Founder:Benjamin Cohen
Location City:Pittston, Pennsylvania
Location Country:US
Area Served:United States
Industry:Dental/healthcare
Products:Dental supplies, equipment, service, technology and office design services
Num Employees:1384 as of November 2015
Homepage:www.benco.com

Benco Dental is an American dental product and equipment distributor based in Pittston, Pennsylvania.[1]

History

Benco Dental has been privately owned and operated since 1930,[2] when first-generation owner, Benjamin Cohen, moved to Northeast Pennsylvania after six years of traveling from train station to train station, selling dental supplies.[3]

Benco Dental is now the largest privately owned full-service distributor of dental supplies, dental equipment, dental consulting & dental equipment services in the U.S. The company has remained family-owned and is in its third generation of leadership. During the company's 94-year history, Benco Dental has grown from a single storefront location in Wilkes-Barre, Pennsylvania, into the nation's fastest-growing dental distributor, with 5 distribution centers servicing dental professionals in 48 states and Washington D.C.

In 2010, Benco Dental opened [4] a new 280000square feet corporate headquarters, distribution center and equipment showroom in Pittston, Pennsylvania. The new facility also houses the company's first CenterPoint design and equipment showroom, the largest dental equipment showroom in North America, featuring 27 fully functional operatories, a complete digital dentistry suite featuring dozens of scanners and 3D printers, 13 operational digital imaging panoramic X-rays including 2D and 3D units, 4 sterilization centers, office design & lab concept suites and a summit training center that will host continuing education courses. Benco subsequently opened two additional CenterPoint design and equipment showrooms in Costa Mesa, California, and Flower Mound, Texas.[5] Additionally Benco Dental's footprint includes four distribution centers: Fort Wayne, Indiana, Jacksonville, Florida, Reno, Nevada, and Dallas, Texas, over 400 sales territory representatives and 300 service technicians.

In February 2018, the Federal Trade Commission accused Benco Dental, Patterson Companies, and Henry Schein, the three largest American full-service distributors of dental supplies, of violating antitrust law. In October 2019, an FTC administrative law judge dismissed the claims against Henry Schein while ruling that Benco and Patterson had violated antitrust laws by refusing to compete for the business of buying groups.[6] [7]

In 2023, Benco Dental acquired PPO Profits, a provider of dental fee negotiations and revenue cycle management services, which is operated as a standalone company.[8]

See also

Benco Family Foundation

Notes and References

  1. News: Jacksonville, Fla., Panel Approves Incentive for Dental Equipment Company. . . 2002-03-15 . June 16, 2009 .
  2. News: Company Expansion, Benco Dental Extends Reach the Local Supplier . . 2004-10-13 . June 16, 2009 .
  3. News: Denise . Allabaugh . Benco Dental to open headquarters in CenterPoint park in Jenkins Twp. . . 2009-06-02 . June 16, 2009 . https://web.archive.org/web/20141101050530/http://news.dental/ . November 1, 2014 . dead .
  4. News: Dental equipment company expands. . 2009-12-29 . March 22, 2010 .
  5. Web site: Flower Mound Ideal Setting for Benco Dental Expansion – News – dentalaegis.com. www.dentalaegis.com. 2015-11-24.
  6. Web site: FTC gets mixed ruling from administrative judge in dental supply fight. . 22 October 2019.
  7. News: Benco, Patterson decline to appeal antitrust loss: FTC. 2019-11-08. Reuters. 2020-01-18. en.
  8. Web site: Tomkavage . Robert . 2023-10-04 . Benco Dental acquires PPO Profits . 2024-04-19 . Scranton Times-Tribune . en.