Seven Ways the 'New' Economy is Changing Dentistry
Posted Mar 12, 2012 in Management
Dr. Roger Levin, Chairman and CEO of Levin Group, Inc., offers a look at how the economy is affecting your dentist-clients and what it means for their practices.
Dentistry is going through exponential changes. The future will have little semblance to the past, and at no point in the future will dentistry ever look the way it did as recently as four years ago.
Perhaps no single event in the last 100 years of dentistry has had a greater impact than the recent recession. There have been slow periods in the past, but nothing like what many economists have termed "The Great Recession."
Here's how the economy is affecting your dentist-clients and what it might mean for their futures:
1 | Fewer patients presenting to dental practices. Patients who were looking for a dental office or who had become inactive (not visiting a dentist within 18 months) opted out of the dental system. There are also many regular patients who no longer...