In Revenue Cycle Management

10 ways dentists are maintaining financial sustainability this summer

Amid the changes of the pandemic, many dentists are working hard to maintain financial viability, according to poll findings from the American Dental Association's Health Policy Institute.

Of 1,240 respondents, the following percentage of general dentists said they had taken the below financial measures in the last month, as of July 12:

  • Raised fees: 19 percent
  • Changed dental materials supplier/lab: 13.4 percent
  • Reduced dental team hours: 9.9 percent
  • Borrowed money from the bank: 8.9 percent
  • Disenrolled from dental benefits plan: 6.9 percent
  • Downsized dental team: 6 percent
  • Other: 4.5 percent
  • Reduced employee wages/benefits: 2.3 percent
  • Sold practice: 2 percent
  • Joined a DSO or large group practice: 0.8 percent

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