Michael Thomas, DMD, bought the practice from another dentist 17 years ago. After searching for a potential buyer for the past two years, the practice is closing and Dr. Thomas is set to retire.
Staffing shortages, especially of dental hygienists, were a problem for the practice. At one point, the practice was paying $70 an hour for a hygienist. Recently, the practice only had a part-time hygienist, who quit six weeks ago.
In addition to staffing woes, the practice could not keep up with declining insurance reimbursements.
Patients of the practice received a letter last week saying that appointments scheduled after Aug. 28 would be canceled, the report said.
At the Becker's 5th Annual Future of Dentistry Roundtable, taking place November 12–14 in Chicago, dental leaders and executives will gain insights into emerging technologies, practice growth strategies and the evolving landscape of dental care delivery, with a focus on innovation, patient experience and operational excellence. Apply for complimentary registration now.
