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Dentists and Dental Practices

SIC 8021 | NAICS 621210

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


General and Specialty Dentists  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


PennWell Corporation
Publications available from this organization include:

Dental Economics Magazine
http://www.dentaleconomics.com/
Monthly business journal features the latest news and information for the dentistry profession, with topics covered in each issue including practice management, finance, and technology, and special features including the "Annual Practice Survey" which is based on a broad cross-section of general dentists—from solo practitioners to multi-doctor practices—with offices located across the country.

Dental Economics / Levin Group Annual Practice Survey
http://www.levingroup.com/delg-survey/
Annual report provides insights on current trends and issues in the dentistry profession based on a survey of general dentists from across the U.S., with survey questions addressing five broad areas: practice overview, practice production, service mix, collections and billings, and doctor satisfaction. Survey report is published annually in November/December issues of Dental Economics Magazine.


First Research

Dentists
http://www.firstresearch.com
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


Academy of General Dentistry
AGD Impact
http://www.agd.org/

Monthly national newsmagazine provides a comprehensive look at news and business issues facing general dentists and their practice team members, with topics covered in each issue of the magazine including industry news and features, practice management issues, key marketplace developments, product and technology reviews, legislative and regulatory updates, and AGD advocacy activities.


ADA
Publications available from this organization include:

ADA News
http://www.ada.org/
Biweekly publication features news and information for dental professionals, with topics covered in this publication including the latest information on scientific, socioeconomic, and legal developments affecting the dentistry profession and updates on government actions and activities related to health care policy and reform. Selected articles from current and archived issues are available free online.

Characteristics of Private Dental Practices
http://www.ada.org/
Annual report published in an Excel spreadsheet format provides detailed statistical data on general dentist and specialist practice characteristics, with information provided including employment status (e.g., solo, partner, employee, and independent contractor), average hours worked per year, average number of patient visits per week, and patient coverage from private insurance and public assistance.




Financial Benchmarking Data


Industry Financial Ratios
Dentists - General and Specialized Dental Practices
http://www.bizminer.com  Search for "621210" to see reports for specific specialties
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


ADA
Income, Gross Billings, and Expenses
http://www.ada.org/

Annual report published in an Excel spreadsheet format provides detailed statistical data on gross billings, practice expenses, and net income for general dentists and specialists in private practice,
with data reported separately for general dentists, pediatric dentists, orthodontists and dentofacial orthopedists, oral and maxillofacial surgeons, endodontists, periodontists, and prosthodontists.




Compensation Surveys


ADA
Publications available from this organization include:

Income, Gross Billings, and Expenses
http://www.ada.org/
Annual report published in an Excel spreadsheet format provides detailed statistical data on average and median net income for general dentists and specialists in private practice by employment status, with data reported separately for general dentists, pediatric dentists, orthodontists and dentofacial orthopedists, oral and maxillofacial surgeons, endodontists, periodontists, and prosthodontists.

Employment of Dental Practice Personnel
http://www.ada.org/
Annual report published in an Excel spreadsheet format provides detailed statistical data on staffing levels by job position for non-dentist personnel employed by general practitioners and specialists in private practice and includes average hourly wage data for full-time and part-time dental hygienists, chairside assistants, secretaries and receptionists, office managers, and financial coordinators.




Business Valuation Resources


ADA
The ADA Practical Guide to Valuing a Practice: A Manual For Dentists
http://ebusiness.ada.org/

Publication discusses valuation issues and methods and other factors which affect the valuation of a dental practice, with topics covered in individual chapters including critical valuation issues, valuation methods, factors complicating the valuation process, buying versus starting a practice, preparing for the sale and using advisors, and legal and tax issues. Detailed table of contents is available online.


Small Business Valuation Multiples

General Dentistry / Oral and Maxillofacial Surgery Practices
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for general practitioners who serve as primary dental care providers and oral and maxillofacial surgeons who specialize in diagnosing and treating conditions of the mouth, teeth, gums, jaws, face, and neck.


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