Large vs. small dental practices: Which are more confident in economic recovery?

Dental practitioners from large group practices were more confident in the economic recovery of the dental industry and U.S. economy than those from smaller practices, according to new data from the American Dental Association.

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The data was featured in the ADA’s monthly poll providing insight into the economic challenges facing dental practices during a specific week. 

Levels of confidence in recovery for the week of Feb. 14 by practice size:

Recovery of respondents’ dental practice

Solo dentists

Very confident: 27.1 percent

Somewhat confident: 39.5 percent

Neither confident nor skeptical: 16.4 percent

Somewhat skeptical: 14.1 percent

Very skeptical: 2.9 percent

Two to nine dentists

Very confident: 38.5 percent

Somewhat confident: 38.3  percent

Neither confident nor skeptical: 12 percent

Somewhat skeptical: 9.6 percent

Very skeptical: 1.6 percent

Large group (10+ dentists)

Very confident:42.9 percent

Somewhat confident: 47.6 percent

Neither confident nor skeptical: 4.75 percent

Somewhat skeptical: 4.75 percent

Very skeptical: 0 percent

 

Dental care sector

Solo dentists

Very confident: 20.7 percent

Somewhat confident: 42.9 percent

Neither confident nor skeptical: 18.6 percent

Somewhat skeptical: 15.3 percent

Very skeptical: 2.5 percent

Two to nine dentists

Very confident: 26.9 percent

Somewhat confident: 44.7 percent

Neither confident nor skeptical: 16.4 percent

Somewhat skeptical: 10.6 percent

Very skeptical: 1.4 percent

Large group (10+ dentists)

Very confident:  28.6 percent

Somewhat confident: 47.6 percent

Neither confident nor skeptical: 19 percent

Somewhat skeptical: 4.8 percent

Very skeptical: 0 percent

 

U.S. economy 

Solo dentists

Very confident: 5.9 percent

Somewhat confident: 24.9 percent

Neither confident nor skeptical: 20.7 percent

Somewhat skeptical: 31.9 percent

Very skeptical: 16.6 percent

Two to nine dentists

Very confident: 10.2 percent

Somewhat confident: 28.3 percent

Neither confident nor skeptical: 20.6 percent

Somewhat skeptical: 27.1 percent

Very skeptical: 13.8 percent

Large group (10+ dentists)

Very confident: 14.3 percent

Somewhat confident: 28.6 percent

Neither confident nor skeptical: 28.6 percent

Somewhat skeptical: 19 percent

Very skeptical: 9.5 percent

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.

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