"Real" way it is post-dental school (California)

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Dandogdds

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Graduated in 1995 from the USC School of Dentistry. Can't believe 20 years passed so quickly. Survived a widow-maker heart attack 3 years ago and realize that has nothing to do with this thread but feel that I have been through alot as a dentist. I work in Los Angeles, CA and really only know this area. You may find that your state or city may be different. Medi-cal sucks and has been lowering fees in forever. They recently gave us back a 10% reduction and much clawing and gnashing of teeth. Even Western Dental, the largest medi-cal provider has told California to take their medi-cal and shove it.

First off, let me give you the three most important things you need to know when you get out of school and that will help you to retain your job at whatever office you plan to work at. These three things are never spoken of in school, which is understandable since the schools are very insular. I recall being at USC for 4 years and hardly seeing Tommy Trojan or walking around the main quad. My life was spent with my body, mind, and soul inside of the labs or the treatment areas. In any event, the three things are the following: PRODUCTION, PRODUCTION, PRODUCTION. Yes, you read that correctly. If you can't produce you won't have a job. Now what sort of production do you mean, Dr. Dandogdds? Well, the minimum per day production should be about 2,000 a day with anything above that being expected all the time. You will find that one of the first questions you will be asked by any dental office owner or manager will be "How fast can you do a molar endo?" (The correct answer should be "about an hour") Of course that question implies that it will be a "GOOD" molar endo that will allow the office to be paid by the insurance company. Insurance companies almost always require a post-op xray to be paid (at least medi-cal does) and if you plan to crown this tooth then the endo must be good to be able to place the crown. So, if you screw up the endo you will screw up the offices ability to be paid for the endo AND the crown. Yikes.

Now you may opt to open your own practice which is a great idea but the economy is horrible and the insurance companies hate to pay us what we deserve to be paid for any given procedure. I'm more of a Medi-cal doctor in California and can tell you that silver fillings are paid exactly the same fee as composite fillings. So the extra time for a composite filling is not recognized by the State. So if you want to open your practice you will be a slave to the insurance companies since so few people can pay cash for procedures. In Los Angeles the whole city is saturated with dentists. Almost every corner has a dental office. You will be in competition with every other dental office and with the advent of Yelp and Google you will be graded by the patients and any negative review will turn customers from your business. Any great reviews will bring more patients but you will find that the patients you have tend to be, what's the word, "special" when it comes to their expectations.

HMO's suck. At least when I was in an HMO office. Not sure what has changed but from I've heard it's not much. You will given the "bible" by the office manager. The "bible" is the fee schedule for the particular patient you will be seeing. You will look at it BEFORE you even set eyes on the patient. An easy thing to remember is the following: A patient with a great insurance for the patient, is a bad insurance for the dentist. A patient with a horrible insurance for the patient, is a fantastic insurance for a dentist. Now what does that mean? If the patient has a great insurance (for him/her) and you see the bible and notice that EVERY procedure is a $0.00 deductible then you will be paid that. So that means that miraculously the patient will have no cavities. Thank you Mr. Jones, great exam, see you in 2 years! If the patient has a 0 dollar deductible for crowns and not fillings then somehow the patient will be better off with fillings even though the huge hole in the molar would be better restored with a crown! If the patient has a 0 dollar deductible for fillings and not crowns then that little filling you need, Mr. Jones, would really be better off getting an onlay since the damage is just enough to need it. Get the point? Now, this is not what I did, I quickly got in trouble for not reading the bible and being a "real" dentist so I quit after 1 month. Almost forgot: Now if the patient really needs a filling and you can convince him to get a crown then the patient has then "asked" for crown which is an "upgrade" which means he/she will pay CASH prices for that crown! Sounds complicated? It really isn't. Just follow the money and you will be just fine in an HMO dental office.

My dental partner and myself have many times commented on how we never were warned by the dental school the way it REALLY is in the real world. You think you will see 1 patient and that you have 3 hours to complete the procedure and then go to lunch and come back and see another patient for another 3 hours. Nope. You will slave away doing 5 minute fillings and seeing 5 or 6 patients an hour (or more). You think I am making this up and that's ok. I hope when you get into the world out there you can reply to this thread and then comment on whether I'm right or wrong. Sure, there are some very successful dental offices but they are few and far between. Most of us "regular" dentists will struggle to make payments for rent both in the home and in the office. It is not an easy job and there is no retirement package unless you do it yourself. Most offices will pay you as a "private" contractor even though you don't make your own hours and you don't hire your own staff which means you pay your payroll taxes, the city taxes, the state taxes, and the federal taxes. You won't have any job-given health insurance or any holiday bonuses and certainly not any paid sick days. Start saving when you first get your job and get some sort of retirement package so you don't have to do dentistry at age 80. MANY MANY dentists will work until their fingers fall off or they are in the casket.

Cheers.

ps. I'm not a bitter dentist and only wish someone had warned me so I would at the very least know what to "possibly" expect. YMMV

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Thanks for the info! you're giving pretty valid points. But I cant help to realize that your experience is very biased because you're in L.A... At least for the struggle for rent and saturation. And I agree on your HMO experience, I have heard horror stories.
 
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Do you mind discussing how you tackled your loans? (if you had any), did you do a GPR? How long did you work before opening up your own practice? etc.
 
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Very interesting and consistent with what I've heard from friends practicing in SoCal.
 
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So... would you not have done it again?
 
Very interesting and consistent with what I've heard from friends practicing in SoCal.

What are the typical HMO and Medical fees for a 2 surf fill, PFM, molar endo, and extractions? I think this might be pretty eye opening for the dental students to see, and I'm curious myself.

I've seen magazine ads and patients returned to tell me cash price is exam/prophy for $5, composite for $20, scrp for $200, PFM for $200, implant for $750. No need to go drive to Mexico or fly to China.
 
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I've seen magazine ads and patients returned to tell me cash price is exam/prophy for $5, composite for $20, scrp for $200, PFM for $200, implant for $750. No need to go drive to Mexico or fly to China.
That's way cheaper than what my dental school charges... how do the dental schools have patients ? I can't believe people still practice in that area for those numbers. They are legit losing money on those procedures... What the heck is their lab fee for PFMs I wonder.
 
That's way cheaper than what my dental school charges... how do the dental schools have patients ? I can't believe people still practice in that area for those numbers. They are legit losing money on those procedures... What the heck is their lab fee for PFMs I wonder.

PFMS from china. Lab fee $25. HMO dentistry. Welcome to the future. Coming to a state near you soon.

These billboards are all over LA.

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Graduated in 1995 from the USC School of Dentistry. Can't believe 20 years passed so quickly. Survived a widow-maker heart attack 3 years ago and realize that has nothing to do with this thread but feel that I have been through alot as a dentist. I work in Los Angeles, CA and really only know this area.

So that's really all I had to read. You are practicing in one of the most saturated areas for dentistry in the world and you're complaining? It was your choice to work in Los Angeles and I'm sure you already knew that when you were in school, you didn't need your professors to tell you that. Not all of us in California want to practice in LA, SD and SF, so we're good. Your post is actually great for people that want to live in those areas, so I'll give you that.

Source of info: http://www.bls.gov/oes/current/oes291021.htm
 
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So that's really all I had to read. You are practicing in one of the most saturated areas for dentistry in the world and you're complaining? It was your choice to work in Los Angeles and I'm sure you already knew that when you were in school, you didn't need your professors to tell you that. Not all of us in California want to practice in LA, SD and SF, so we're good. Your post is actually great for people that want to live in those areas, so I'll give you that.

Source of info: http://www.bls.gov/oes/current/oes291021.htm

As if there isn't enough saturation already, didn't the California Dental Board recently approved accreditation to dental schools in Mexico and India? How do you compete with foreigners that went to their dental schools for practically almost nothing while you have $600K in education debt? I saw a Census Bureau report back in 1999 showing there were more dental offices than auto repair shops in California. I promptly left and that was the best financial decision of my life.
 
So that's really all I had to read. You are practicing in one of the most saturated areas for dentistry in the world and you're complaining? It was your choice to work in Los Angeles and I'm sure you already knew that when you were in school, you didn't need your professors to tell you that. Not all of us in California want to practice in LA, SD and SF, so we're good. Your post is actually great for people that want to live in those areas, so I'll give you that.

Source of info: http://www.bls.gov/oes/current/oes291021.htm

+1. California native here but decided to work in Arizona since my wife and I agreed we make a lot more while being close to CA.

Is the weather still crap in San Diego these past few days? I was thinking of surfing next weekend.
 
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PFMS from china. Lab fee $25. HMO dentistry. Welcome to the future. Coming to a state near you soon.

These billboards are all over LA.

View attachment 199627

Honestly, when I think of how much on average a person makes and the cost of living in CA, I can't blame them for going for these offers.
Sad day of affairs, indeed.
 
As if there isn't enough saturation already, didn't the California Dental Board recently approved accreditation to dental schools in Mexico and India? How do you compete with foreigners that went to their dental schools for practically almost nothing while you have $600K in education debt? I saw a Census Bureau report back in 1999 showing there were more dental offices than auto repair shops in California. I promptly left and that was the best financial decision of my life.

The more I think about it, if dental school costs cannot be contained; I think we should just outsource teaching to foreign countries as we clearly cannot provide ourselves with an affordable education, and leaving students in 400k+ of debt is outright criminal.
 
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Criminal? Don't go into debt. An idiot takes out that much in loans. I did the hpsp and graduated debt free, got out of the military, and work in california paying no loans back. Best financal decision I've made. And I get to keep every penny. So if you're scared of the debt, go find a way to get school paid for and stop whining.
 
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Criminal? Don't go into debt. An idiot takes out that much in loans. I did the hpsp and graduated debt free, got out of the military, and work in california paying no loans back. Best financal decision I've made. And I get to keep every penny. So if you're scared of the debt, go find a way to get school paid for and stop whining.

I'm not whining. What we have here is effectively government either pushing students into financial or quite literally government service slavery. The high cost of education is affecting the entire field, and not just those who are graduating with debt.
 
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Criminal? Don't go into debt. An idiot takes out that much in loans. I did the hpsp and graduated debt free, got out of the military, and work in california paying no loans back. Best financal decision I've made. And I get to keep every penny. So if you're scared of the debt, go find a way to get school paid for and stop whining.
No one graduates debt free with HPSP. Time is money, and HPSPers owe the military a lot of it. Are you a resident now?
 
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That's way cheaper than what my dental school charges... how do the dental schools have patients ? I can't believe people still practice in that area for those numbers. They are legit losing money on those procedures... What the heck is their lab fee for PFMs I wonder.
At least the income earned from doing a lot of these low pay procedures helps the owner dentist pay toward the fixed expenses (rent, staff salaries, utilities etc) that he/she is responsible for every month. Getting paid $50 for cleaning, $70 for extraction, $70 for a filling, $400 for a crown etc are better than $0 for sitting around and refusing to treat patients because you want higher treatment fees. If you know how to control the overhead, having your own office is better than working for a busy coporate office that sees mostly HMO patients only getting paid 25% of the collection. It doesn’t matter if you have a busy day or not, you still have to pay the assistant for being at your office 8 hours a day. So why not get the patients in and treat them at any cost and keep your assistant busy? It’s actually more depressing when your office has no patient to treat and you still have to pay for the fixed expenses. The more patients you treat, the more people who will go around saying good things about you. Word of mouth referral is the key to grow your practice. Also, the more difficult cases that you treat, the more clinical experience you will gain and the better clinician you will become. When the patients pay low fee, they do not necessarily get substandard dental treatments. As a dental specialist, I’ve seen the dental works from different GP offices. Some are good and some are bad. IMO, good dentistry depends on the dentist’s clinical ability and his honesty, and not on how much he/she charges his/her patients.

Having student loan debt (as long as it’s not crazily high like $400-500k) actually helps a person to learn how to budget things better (ie learning how to keep the overhead low). Having debt helps motivate a person to work harder. Many of my GP friends who graduated from USC, UOP, and Loma Linda in the late 1990s and early2000s with $200-300k student loan debts, are doing very well here in CA.

Below is the fee list at one of the local dental lab in CA. IMO, they are not terribly high. Dental supplies are not too expensive. It’s the staff payroll that comprises a large percentage of your overhead. If you are an efficient dentist, who can run a busy office with only few assistants, you can save a lot in overhead.
 

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To the OP: Practicing in CA is not a good representation of practicing dentistry. Yes, the struggle is real, but we all have choices to practice wherever we want and accept the pros and cons that come with it. So I would say you 95% of dentists (or future grads) will not worry about going through a similar experience (or close to it) like yours.
 
I've seen magazine ads and patients returned to tell me cash price is exam/prophy for $5, composite for $20, scrp for $200, PFM for $200, implant for $750. No need to go drive to Mexico or fly to China.
What amazes me is that high cost of living in CA, relative to medicaid reimbursement rates.

In my state, on average, the cost of living is about 40-50% of CA cost of living, tops. State Medicaid here pays scrp $400, hygiene package for Pedo new patient is about $300 (X-rays, exams, prophyl, Fl and sealants), PFM and Molar RCT is about $500 each, build up is $150, denture unit $600, and so on. This Midwest state just announced 5-10% increase in Medicaid fees over the next couple of years. Yes, these are pretty low ball numbers, but if you live in a low cost state like the one I practice, then its doable with very little stress. Specially with almost non-existent saturation.

There are 49 other states to practice, CA shouldn't be 1.
 
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As insurance companies continue to rapidly increase market share and the number of new grads keeps soaring, what's happening in CA will spread to other states. So it's relevant to dentists living in metro areas in any state.
 
At least the income earned from doing a lot of these low pay procedures helps the owner dentist pay toward the fixed expenses (rent, staff salaries, utilities etc) that he/she is responsible for every month. Getting paid $50 for cleaning, $70 for extraction, $70 for a filling, $400 for a crown etc are better than $0 for sitting around and refusing to treat patients because you want higher treatment fees. If you know how to control the overhead, having your own office is better than working for a busy coporate office that sees mostly HMO patients only getting paid 25% of the collection. It doesn’t matter if you have a busy day or not, you still have to pay the assistant for being at your office 8 hours a day. So why not get the patients in and treat them at any cost and keep your assistant busy? It’s actually more depressing when your office has no patient to treat and you still have to pay for the fixed expenses. The more patients you treat, the more people who will go around saying good things about you. Word of mouth referral is the key to grow your practice. Also, the more difficult cases that you treat, the more clinical experience you will gain and the better clinician you will become. When the patients pay low fee, they do not necessarily get substandard dental treatments. As a dental specialist, I’ve seen the dental works from different GP offices. Some are good and some are bad. IMO, good dentistry depends on the dentist’s clinical ability and his honesty, and not on how much he/she charges his/her patients.

Having student loan debt (as long as it’s not crazily high like $400-500k) actually helps a person to learn how to budget things better (ie learning how to keep the overhead low). Having debt helps motivate a person to work harder. Many of my GP friends who graduated from USC, UOP, and Loma Linda in the late 1990s and early2000s with $200-300k student loan debts, are doing very well here in CA.

Below is the fee list at one of the local dental lab in CA. IMO, they are not terribly high. Dental supplies are not too expensive. It’s the staff payroll that comprises a large percentage of your overhead. If you are an efficient dentist, who can run a busy office with only few assistants, you can save a lot in overhead.

thanks for sharing charlestweed. Though I must say you have super human abilities. Most of my dental colleagues work in CA metro areas (key word being metro for all you prospective CA dentists out there) seem to be complaining of making ends meet.
 
No one graduates debt free with HPSP. Time is money, and HPSPers owe the military a lot of it. Are you a resident now?

I graduated debt free. Finished 5 years in the military, came out in a far better financial situation than many of my colleagues owing loads of debt. It made a lot of sense for me but if you only have to take out a little in loans I can see that being a reasonable option. For me it was either a ton of loans or the military. Glad I'm out now and get to keep everything I make, and get some good benefits too.
 
It is so true. It is unbelievable in CA. You can do PFM, sealants, fillings all for free. Prophy for free everyday. It is worse than dental school. UPGRADE UPGRADE to survive.
 
I graduated debt free. Finished 5 years in the military, came out in a far better financial situation than many of my colleagues owing loads of debt. It made a lot of sense for me but if you only have to take out a little in loans I can see that being a reasonable option. For me it was either a ton of loans or the military. Glad I'm out now and get to keep everything I make, and get some good benefits too.
The concept of a loan is tossed around like if it's a regrettable decision. Loans are only as good as what you need them for. If you are in debt for X amount $, then you have to look at it from a good or bad investment stand point.

For instance, in 2006... my dental school roommate received 4 years Air Force scholarship, received $1,500 a month stipend every month during dental school and graduated with $0 debt. 10 years later, 2016, he is working as an associate pondering if he should open a dental office.

On the other hand, a lot of people from my class (including me) who didn't take any scholarships, have debt and have multiple offices to sustain/paid off those loans.

The real debt in everything and life is "time". The sooner you act on the right decisions, the sooner all your problems will be limited or settled. So, military scholarship is great way to pay off debt, but if you spend 4 years in civilian route with great plans, you will be way ahead financially.
 
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The concept of a loan is tossed around like if it's a regrettable decision. Loans are only as good as what you need them for. If you are in debt for X amount $, then you have to look at it from a good or bad investment stand point.

For instance, in 2006... my dental school roommate received 4 years Air Force scholarship, received $1,500 a month stipend every month during dental school and graduated with $0 debt. 10 years later, 2016, he is working as an associate pondering if he should open a dental office.

On the other hand, a lot of people from my class (including me) who didn't take any scholarships, have debt and have multiple offices to sustain/paid off those loans.

The real debt in everything and life is "time". The sooner you act on the right decisions, the sooner all your problems will be limited or settled. So, military scholarship is great way to pay off debt, but if you spend 4 years in civilian route with great plans, you will be way ahead financially.

What are your thoughts on taking debt for a 2 year specialty program? In terms of both time and money?
 
The concept of a loan is tossed around like if it's a regrettable decision. Loans are only as good as what you need them for. If you are in debt for X amount $, then you have to look at it from a good or bad investment stand point.

For instance, in 2006... my dental school roommate received 4 years Air Force scholarship, received $1,500 a month stipend every month during dental school and graduated with $0 debt. 10 years later, 2016, he is working as an associate pondering if he should open a dental office.

On the other hand, a lot of people from my class (including me) who didn't take any scholarships, have debt and have multiple offices to sustain/paid off those loans.

The real debt in everything and life is "time". The sooner you act on the right decisions, the sooner all your problems will be limited or settled. So, military scholarship is great way to pay off debt, but if you spend 4 years in civilian route with great plans, you will be way ahead financially.
What was the debt load in 2006 and how feasible is it for this generation of new grads to open their own practice now? Maybe not immediately, but even with 4 years of experience.
 
What was the debt load in 2006 and how feasible is it for this generation of new grads to open their own practice now? Maybe not immediately, but even with 4 years of experience.
I got into dental school in 2006, and the average debt load for my class at the time was $300k. This was about 5-6 years ago, I'm assuming this year's class from the same school will probably be fall in $350-400k range on average. It's still feasible to open or buy a practice with these numbers, if you factor in inflation and other economical factors for opening or buying an office should be consistant relative to debt, if you compare it with the year 2010 numbers for those who graduated then.
 
What specialty? And how much existing debt before the residency?

I'm assuming Endo based on your profile name, so how much will it cost you to go through residency? Including cost of living.

No existing debt.

With my GI Bill benefits that total cost including COL is around $0-$160k all in, depending on the program (hospital, private, etc). And a couple years of spartan living.

I understand the huge money is in GP, but I'm not sure if I got that multiple practice swagger.
 
No existing debt.

With my GI Bill benefits that total cost including COL is around $0-$160k all in, depending on the program (hospital, private, etc). And a couple years of spartan living.

I understand the huge money is in GP, but I'm not sure if I got that multiple practice swagger.
$160k for 2 years Endo including living is not a bad deal.

I have a friend who is a GP and starting an Endo program this summer for $200-250k including living, which is on the high end. He worked as a GP for 6 years, and was pulling $250-300k take home a year. So I think he fell in love with Endo, not because of the money or lifestyle, but probably he truly enjoys it.

I do about 2-3 Endo's a day, and select cases to refer and not to refer. With the advent of rotary instruments and digital X-rays constantly becoming better for GPs, I think we will see a growing number of GPs cutting into the Endodontist's share of the RCT market. There is now even 1 file system (Wave One) by Dentsply, and whenever you go to the next big convention, you see upgrades/improvements to these systems. I do all molar Endo's, even did 4-5 3rd molars in the past 5 years too.

Bottom line... If you really love Endo, then do it. If you still love some aspects of GP, then you can still do all your Endo cases in house without specializing.

Talk to a local Tulsa/Dentsply rep, and ask them about the Endo future. They work with Endodontists all the time, and have a better feel for all the ins and outs of the speciality in the real world.

There will always be Endodontists, but the technology will always slowly level the plane from the GP side.
 
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