Here are five statistics:
1. In 2017, dentist’s reimbursement rate dropped 0.7 percent. However, between May 2018 and May 2019, dentists are predicted to experience a 2.7 percent reimbursement rate decline.
2. For orthodontists, reimbursement rates are predicted to drop 4.9 percent. In 2017, the reimbursement rate decreased 4.7 percent.
3. Solo practitioners will see the biggest reimbursement rate decrease at 8.7 percent by May 2019. In 2017, solo practitioners saw a 6.7 percent decline in reimbursement rates.
4. Group practices are expected to see reimbursement rates increase 1.6 percent during the 12-month period. In 2017, the reimbursement rate grew 0.5 percent.
5. In total, dental reimbursement rates are anticipated to drop 3.3 percent.
More articles on benchmarking:
Top 3 dentists in each state, from P&R Dental Strategies
Dentists’ median loan balance tops $236K — How long before it’s paid off?
Top 5 states with lowest, highest percentage of adults with no dental visits
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