Where can I find statistics about where graduating D4s go for each school? (Private practice, DSO, residency, etc.)

[browniesundae17]

Hi! I'm trying to find this info but can't locate it on school's websites. Does anyone know where to find it?

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[Mr.Smile12]

I think this information is here but you have to dig a bit. Not Broken down by school but you can glean overall trends and have something to compare against.

Dental School Seniors

www.adea.org

 

[Gustavo dos Santos]

I’m not sure schools readily publish this info like medical schools do. UConn provided this info with an interview packet when I was interviewing. I asked admissions from one school for the info as well, which they provided at a high level (X students into OMS, Y students into AEGD, etc. but not which programs).

Best option would probably be to talk to students from schools you’re interested in. Most have an idea/have heard which students matched where.

 

[FutureDent020]

Students digging deep these days

 

[Chief's Pineapple]

Students digging deep these days

That they are.

 

[Cold Front]

Hi! I'm trying to find this info but can't locate it on school's websites. Does anyone know where to find it?

This is public knowledge, specially in the younger new grads, age 25-35. Majority end up at DSOs/corporate dentistry for at least a year, some longer, then try to move on to ownership or partnership. The likelihood of the latter happening is getting less and less. Practice ownership is getting more expensive, and banks are not rushing to lend to Gen Z anymore, because of high student debt and lack of collateral - at high interest rates.

https://www.ada.org/-/media/project/ada-organization/ada/ada-org/files/resources/research/hpi/hpigraphic_practice_ownership_among_dentists_decline.pdf

 

[charlestweed]

This is public knowledge, specially in the younger new grads, age 25-35. Majority end up at DSOs/corporate dentistry for at least a year, some longer, then try to move on to ownership or partnership. The likelihood of the latter happening is getting less and less.

This is not only true for younger today grads. Many of us, older grads, (I graduated 20 yrs ago) also worked for corp offices right after graduation. That’s because the large percentage of the job listings have been from the large corporations, especially here in CA. ColdFront, I believe you also worked for Aspen right after graduation. We chose to work for large corps because they offer better pay, more patients to keep us busy, and other benefits like health insurance, CE classes, and malpractice insurance etc. I know plenty of GP and specialist practice owners (myself included) who still have to work P/T for the corp to supplement their incomes. You have to learn to adapt to the changes. You have to learn to work faster and more efficiently to make up the lower insurance reimbursement. Working faster doesn’t necessarily mean lower quality of care…..it depends on each individual dentist’s clinical skills.

Current state of dentistry in CA is a preview of what dentistry will be like in other parts of the country in the future.

Practice ownership is getting more expensive, and banks are not rushing to lend to Gen Z anymore, because of high student debt and lack of collateral - at high interest rates.

It’s good that banks are hesitant to lend money to dentists who have high student loans. This should help prevent these dentists from digging themselves into a deeper debt hole. One shouldn't take out another $4-500k (on top the $4-500k student loans he/she already owes) to set up an office. I remember when we applied for a loan to purchase an existing perio practice for my wife 20 years ago. Bank of America denied our application even when our combined income was more than $300k/year. That’s because we had high amount of debt ($450k student loans+ $380k home loan + 2 leased cars). And the business loan amount we applied for was only $120k. We had to go with a smaller no name bank and got the approval from this bank. It was a 5-yr balloon loan term, which required us to pay the whole amount off before the 5-yr term.

 

[Cold Front]

This is not only true for younger today grads. Many of us, older grads, (I graduated 20 yrs ago) also worked for corp offices right after graduation. That’s because the large percentage of the job listings have been from the large corporations, especially here in CA. ColdFront, I believe you also worked for Aspen right after graduation. We chose to work for large corps because they offer better pay, more patients to keep us busy, and other benefits like health insurance, CE classes, and malpractice insurance etc. I know plenty of GP and specialist practice owners (myself included) who still have to work P/T for the corp to supplement their incomes. You have to learn to adapt to the changes. You have to learn to work faster and more efficiently to make up the lower insurance reimbursement. Working faster doesn’t necessarily mean lower quality of care…..it depends on each individual dentist’s clinical skills.

Current state of dentistry in CA is a preview of what dentistry will be like in other parts of the country in the future.

It’s good that banks are hesitant to lend money to dentists who have high student loans. This should help prevent these dentists from digging themselves into a deeper debt hole. One shouldn't take out another $4-500k (on top the $4-500k student loans he/she already owes) to set up an office. I remember when we applied for a loan to purchase an existing perio practice for my wife 20 years ago. Bank of America denied our application even when our combined income was more than $300k/year. That’s because we had high amount of debt ($450k student loans+ $380k home loan + 2 leased cars). And the business loan amount we applied for was only $120k. We had to go with a smaller no name bank and got the approval from this bank. It was a 5-yr balloon loan term, which required us to pay the whole amount off before the 5-yr term.

Yes. I did. I worked for Aspen Dental and was only there to boost my speed and learn their workflow (office systems). It’s all business at corporate dentistry, but they were scheduling me 20-30 patients a day by my 6th month there. They love young and restless doctors, easy to mold too. I once found a note that profiled dentists that worked there on an office manager’s desk…. like “Dr. A is easy to push to get more treatment out of patients”… “Dr B is slow and unreliable”.. etc. But overall, it was a brief and positive experience for me.

I also agree with you Charles that lenders will be a big catalyst to an already shrinking private practice ownership over the next few years and decades. All the big 1M+ practices are being bought by corporations, but the 400k-1M practices will be difficult to sell to under 35 or even some 40 yr old dentists. Financing in general is tough in recessionary periods, and 2023-2025 will be exactly that for buyer dentists.