Dentists and their practices

Article Abstract:

Dentists are more productive and better-paid than in the 1980's. Surveys of dentists from 1986 to 1995 indicate that 70% of dentists practice alone, and the number of practice employees has increased from 3.5 to 4.4 in the period. Dental services paid by the patient, rather than insurance, fell from 91% of services in 1970 to 47% in 1996. Real income for general dentists grew 26% from 1986 to 1995, averaging $122,860 in the last survey. In later years, dentists have been working fewer hours, while spending a steady 33 hours per week in patient care.

Economic aspects, Cover Story, Practice, Dentistry

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Net income, gross billings and practice expenses of independent dentists

Article Abstract:

The purchasing power of independent dentists has increased more rapidly than in the general population. An independent dentist is one who owns or shares the ownership of a dental practice. According to the American Dental Association's Survey of Dental Practice, between 1986 and 1995 the average net income of all independent dentists increased 30.7%, or 2.7% per year. The average net income of generalists increased 26.4% during this time, while the net income of specialists increased 40.9%. Expenses rose only 15% to 18% during this period.

Compensation and benefits, Statistics, Income

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Retirement savings of dentists in private practice

Article Abstract:

Many dentists need to set aside enough money to retire. Dentists are now retiring at younger ages now, which means they must save and invest enough to support themselves for a longer period of retirement. The 1995 American Dental Association survey found that only 41% of the dentists surveyed were planning on selling their practice to finance their retirement. Overall, the dentists 35 years or older were saving about 10% of their income specifically for retirement Younger dentists saved only about 5% for their retirement.

Surveys, Retirement income

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