Dentists have had enough of dental insurance companies. In this survey, fully 94% of dentist respondents said that they would like to see dentists organize against the insurance industry.
Low benefits and payouts are dentists’ largest frustration.
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Most Dentists See Insurance Companies As Enemies (VIDEO)
May 11, 2009 By 1 Comment
Dental Hygienists Get Paid Better than Some Dentists Wish! (video)
May 10, 2009 By 3 Comments
Dentists report paying their dental hygienists about $36 per hour, according to this poll. Many dentists expressed resentment over the high price tag of a dental hygienist.
Location is highly correlated with hourly base pay, with urban California hygienists being paid twice as much as their rural Southern counterparts.
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Read more: How much dental hygienists get paid
Economy Keeps Patients Away from Dentist
May 10, 2009 By 2 Comments
Dentists and dental practices are absolutely not immune to the economic woes affecting so many Americans these days.
According to an ADA survey, half of dentist respondents reported that, during the final quarter of 2008, they saw fewer patients and made less income.
Dental patients have not stopped seeking dental care, but they're more likely to drag their feet nowadays. Dentists report that some patients are choosing less expensive treatment options and postponing regular hygiene visits.
Most Dentists Pay Their Dental Hygienists by the Hour (video)
February 11, 2009 By 2 Comments
In this survey, we asked dentists if they pay their hygienists an hourly wage, or if compensation is based on commission.
Four out of five dentist report paying hygienists a base hourly wage.
Only 19% say their hygienists are paid on commission.
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Read more: Paying Dental Hygiene Staff Not a Dentist’s Most Fun Job
Dental Offices Most Profitable Businesses…?
February 1, 2009 By 5 Comments
A new study released by Sageworks finds that dental offices had the highest net profit margin of any category of private business in 2008. (This may come as news to many of you whose dental practices are struggling in the current economy!) The study found dentists' offices had a profit margin of nearly 17%.
According to the Sageworks study, these were the most profitable industries in 2008:
- Offices of dentists (17% net profit margin)
- Accounting, tax preparation, bookkeeping and payroll services (16% net profit margin)
- Legal services (13% net profit margin)
- Offices of other health practitioners (12% net profit margin)
- Support activities for mining (11.9% net profit margin)
- Offices of physicians (11.9% net profit margin)
- Outpatient care centers (11.5% net profit margin)
It's hard not to notice that half of these are related to health care. Looking at this data, a consumer might reasonably assume that health care costs have increased so that health professional can keep a healthy profit for themselves. But is that really true?
I can't help but wonder how Sageworks compiles their data. They're only looking at privately-held companies. Are dental offices really that profitable, or are these statistics misleading?
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Structuring a Dental Associate Program
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