6 operating costs increasing at dental practices

Supplies, staff wages and rent are a few expenses with a higher price tag this year for dental practices, according to an August poll by the American Dental Association’s Health Policy Institute. 

Advertisement

The poll was taken as part of the ADA’s monthly “Economic Outlook and Emerging Issues in Dentistry” report. The HPI surveyed about 1,200 dentists on their operating expenses, according to a Sept. 8 news release.

Here is the percentage of dentists who experienced increasing costs at their dental practices:

Supplies and materials

  • Increased more than 20 percent: 26 percent
  • Increased 11-20 percent: 42 percent
  • Increased 1-10 percent: 27 percent

Staff wages

  • Increased more than 20 percent: 16 percent
  • Increased 11-20 percent: 31 percent
  • Increased 1-10 percent: 44 percent

Lab fees

  • Increased more than 20 percent: 8 percent
  • Increased 11-20 percent: 27 percent
  • Increased 1-10 percent: 47 percent

PPE

  • Increased more than 20 percent: 31 percent
  • Increased 11-20 percent: 27 percent
  • Increased 1-10 percent: 22 percent

Equipment

  • Increased more than 20 percent: 13 percent
  • Increased 11-20 percent: 30 percent
  • Increased 1-10 percent: 34 percent

Rent/mortgage

  • Increased more than 20 percent: 4 percent
  • Increased 11-20 percent: 8 percent
  • Increased 1-10 percent: 27 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.

Advertisement

Next Up in Dentists

  • Each April, Oral Cancer Awareness Month serves as an important reminder that early detection remains one of the most valuable…

  • Consumer dental spending continues to lag behind overall healthcare spending despite increasing gradually over the last several years, according to…

Advertisement

Comments are closed.