To practicing dentists, do you agree with this video?

[Dentalnerdz]

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Practicing dentists, do you agree with this? It seems very doom and gloom but from a reliable source unfortunately.

 

[CanaDMD]

Not completely done watching the whole video, but I truly think a lot of what he's saying is true and very easily seen in the industry as a whole! :/

 

[Lane138]

Dang that's a long video! I haven't watched lecture videos since first year so my attention span wasn't good enough for it. I've heard similar types of stuff at dental conferences, but all in all, dentistry is still a great career. If you're willing to practice in less urban place it is absolutely a good deal.

 

[480640]

.

 

[Firm]

Can you sum up your question so that I don't have to waste an hour of my life watching this video?

 

[Soleus715]

Can you sum up your question so that I don't have to waste an hour of my life watching this video?

The video states that people in the age group of 19-65 have been drastically reducing their visits to dental offices for the past decade even before the economic decline.
Stats shows that there is a cost barrier and a perception of "lack of need for treatment" among this age group. Instead, ER visits for dental pain has been skyrocketing.

While the economy bounces back, dental spending is actually still on the decline. Average earnings/ year for GP's and Specialties are all on decline.
Only group showing an increasing trend of dental spending is children, especially those utilizing Medicaid/ ACA.

The presenter suggests that we're at a new era of dentistry that's once in a century.
He says that this is not just a doom and gloom turn of events but there should be a drive to change among dentists to meet the outlook on dentistry as a profession.
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Personally, the data is there and I think we have to educate 19-65 age group to see the need for dental check ups rather than resorting to the ER.
However, the overall income of dentists going down is really dependent on where and how one practices as well.

 

[Manic324]

The video states that people in the age group of 19-65 have been drastically reducing their visits to dental offices for the past decade even before the economic decline.
Stats shows that there is a cost barrier and a perception of "lack of need for treatment" among this age group. Instead, ER visits for dental pain has been skyrocketing.

While the economy bounces back, dental spending is actually still on the decline. Average earnings/ year for GP's and Specialties are all on decline.
Only group showing an increasing trend of dental spending is children, especially those utilizing Medicaid/ ACA.

The presenter suggests that we're at a new era of dentistry that's once in a century.
He says that this is not just a doom and gloom turn of events but there should be a drive to change among dentists to meet the outlook on dentistry as a profession.
------

Personally, the data is there and I think we have to educate 19-65 age group to see the need for dental check ups rather than resorting to the ER.
However, the overall income of dentists going down is really dependent on where and how one practices as well.

Good summary! I would just disagree where you say that income going down is dependent on where/how you practice, the data presented shows that all geographic areas/ dentist age groups are seeing a decline in income.

 

[Soleus715]

Good summary! I would just disagree where you say that income going down is dependent on where/how you practice, the data presented shows that all geographic areas/ dentist age groups are seeing a decline in income.

Yes you're right and I completely agree. I think I should have phrased better.

There are dentists who's making more and more each day doing things smart and wise.
It's gotten harder, but it's all about adapting to the change.

 

[Firm]

The video states that people in the age group of 19-65 have been drastically reducing their visits to dental offices for the past decade even before the economic decline.
Stats shows that there is a cost barrier and a perception of "lack of need for treatment" among this age group. Instead, ER visits for dental pain has been skyrocketing.

While the economy bounces back, dental spending is actually still on the decline. Average earnings/ year for GP's and Specialties are all on decline.
Only group showing an increasing trend of dental spending is children, especially those utilizing Medicaid/ ACA.

The presenter suggests that we're at a new era of dentistry that's once in a century.
He says that this is not just a doom and gloom turn of events but there should be a drive to change among dentists to meet the outlook on dentistry as a profession.
------

Personally, the data is there and I think we have to educate 19-65 age group to see the need for dental check ups rather than resorting to the ER.
However, the overall income of dentists going down is really dependent on where and how one practices as well.

Yeah, people are going to the dentist less. Nobody wants to spend their money on dentistry, it's just not a fun thing to do. Insurance hasn't increased their reimbursement rates, so patients are stuck paying the whole bill. The only area of dentistry that is doing well right now is pedo, because the gov't is paying for nearly everything but someday that will stop.

 

[nealofgrafton]

or you could look at getting hospital privileges so you could try to "capture" those dental dummies that only come in when things hurt

 

[distressstudent]

Similar video:


More or less the same message. Though probably a bit bias because of aksu's affiliation with corporate dentistry

 

[Scumbag_Steve]

.

 

[Marmalade]

Thanks for posting. Interesting and credible video. There's still opportunity, it just looks different to what I was hoping for based on older dentists and their great lifestyles.

PD