What are Some Economic Facts your Dentist Doesn’t Want You to Know?
Some Office Visit Schedules Linked to Insurance Payment
Let us share some information about dentistry that is hard to find.
So - What are Some Financial and Economic Facts your Dentist Doesn’t Want You to Know?
16 months ago
That you are paying for his/her college debt of $500K to $1.5M if a recent graduate of a private dental school.
That you are paying for his infrastructure and equipment.
That you are paying for the annoying phone call reminding you that if you don't show for your appointment, you will be charged a n0/show fee.
That you are paying for up to 10% of his/her gross revenue in advertising to get new patients.
That he/she may have little idea of what the per patient contribution to his/her gross revenue is because financial is not a major focus in dental school.
I believe in professionalism and ethics in practice should paramount at all times. Financials should never be discussed and charges should commensurate services rendered and materials as well as amenities. Modest rebates in case of patronizing a brand of good quality materials used in the procedures