Dental management companies can be useful, but many dentists feel they cross a line with dental practice ownership.
We conducted a survey asking dentists if they agree or disagree with the statement that, “Only dentists should own dental practices.”
Fully 89% of the dentists responding to this survey agree that dental practice ownership should be reserved for dentists, not dental management companies or private investors.
Jim Du Molin and Julie Frey discuss dentists’ thoughts on dental management companies in this video.
“Corporate dentistry is here,” acknowledges a California orthodontist, “but only a dentist should be allowed to own a practice or corporation. They will more likely to put the patients’ best interest first, before corporate profits to shareholders and investors.”
“Dentistry is becoming a commodity, just like a loaf of bread,” said a Washington dentist. “All the dental advertising and giveaways have cheapened the status of dentists and dentistry.”
A Colorado dentist offered, “Some dentists are just not cut out to be business people and should just stick to clinical treatment.”
What would you advise a dentist considering joining forces with a dental management company?