Transcribed
Dental Business Trends post COVID19
Dental Business CARESTACK Trends Post COVID-19 As of 2019, there are 200,419 dentists in the US. Large dental businesses grew by 25% post 2008 recesssion. 20.1% 15.7% 2002 2012 Healthcare accounts for 17% of US economy How dental practices can grow How many dental practices will survive COVID-19 recession? post COVID-19 Scale Communication 50% Survive with break-even margins Add more offices & Providers Digital Marketing 25% Finance Interface 50% 25% Close down Raise strategic funds Online booking 25% Technology Teledentistry, Scalable cloud-based PMS Insurance Scale and expand 25% with rising margins Teledentistry claim coverage (D9995, D9996)
Dental Business Trends post COVID19
shared by harsha3 on May 04
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The COVID-19 lockdown will forever change the business fortunes of dental businesses in the US. With the shutdown threatening to extend into the next few weeks, patients are bound to skip visiting a d...
ental health facility unless for emergencies. To ensure business continuity, dental businesses must effectively rewire themselves to build better enterprise health, provide value-based care, innovative care delivery models including virtual care, advanced digital technologies, and data interoperability. The ones that adapt the best will survive and all others are on their way out.
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