3 investments dentists will make in the next 6 months

More than 55 percent of dentists plan to invest in new software within the next six months, according to a survey by the American Dental Association’s Health Policy Institute. 

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The survey was taken as part of the ADA’s monthly “Economic Outlook and Emerging Issues in Dentistry” report for the week of May 15. The ADA received 910 responses to a question about how likely they were to purchase equipment, invest in new software or hire staff.

Results: 

Make major equipment purchases

Very likely: 8.2 percent

Somewhat likely: 12.9 percent

Neither likely nor unlikely: 12.5 percent

Somewhat unlikely: 15.3 percent

Very unlikely: 51.1 percent 

Invest in new software

Very likely: 6 percent

Somewhat likely: 9.1 percent

Neither likely nor unlikely: 10.7 percent

Somewhat unlikely: 18.7 percent

Very unlikely: 55.5 percent 

Add staff

Very likely: 30.4 percent

Somewhat likely: 24.9 percent

Neither likely nor unlikely: 10.8 percent

Somewhat unlikely: 12.4 percent

Very unlikely: 21.4 percent 

At the Becker's 5th Annual Future of Dentistry Roundtable, taking place September 14-15 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.

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