Despite rising operating costs, insurance reimbursement rates for dentists have remained stagnant this year, according to an August poll by the American Dental Association's Health Policy Institute.
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The effects of student debt weigh heavily on former dental students' wallets and on the industry itself.
Practice growth and maintaining financial stability are just a few goals for dentists, dental executives and their practices going into 2023.
Low reimbursements and rising wages are just some of the many challenges facing dental practices today.
New Hyde Park, N.Y.-based Dental365 has experienced a large amount of growth this year, opening its 100th practice in September.
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Tension between DSOs and practice owners and payers is growing as operating costs continue to rise while reimbursement rates remain low.
Three dentists recently connected with Becker's to answer the question, "As a dentist, what lessons have you learned this year?"
Susan Huff, chief integration officer, vice president of business development and vice president of operations of MB2 Dental, connected with Becker's Dec. 6 to reflect on the most valuable skill every leader should have, her favorite accomplishment of 2022 and more.
Oral surgeons may see an increase in consolidation and a split between oral and maxillofacial surgery in the near future, according to one surgeon's predictions.
Luke Morgan, DDS, connected with Becker's on Dec. 1 to discuss what his practice, Luke M. Morgan, D.D.S. and Associates in Mechanicsville, Md., is doing to reduce operating costs.