"Practice expenses are increasing faster than revenues, driving the decline in average net income."
A recent ADA Health Policy Institute study states that, "despite being busier than ever, dentists’ incomes aren’t showing it." The article discusses many reasons why this is the case, but one conclusion is that, "Practice expenses are increasing faster than revenues, driving the decline in average net income." I have no doubt this is true for our profession, especially those in solo or group private practices.
Read the full article.