Anonymous wrote:Anonymous wrote:Dentists work low hours and their reimbursements are painfully low. Do you see what the insurance pays out for your annual cleaning? So if you're working 4 days a week from 8-4, I'd expect they don't make much more than $150-250k at most. I'd expect maybe even on the low end of that.
The dentists making more have typically gone the PE route, or otherwise are "running a business". They're not really practicing dentists anymore. Or at least that's not the majority of their time. They're making money off dental assistants pushing tooth whitening and other junk, not making money of filling cavities.
That’s why more and more dentists no longer participate with insurance. Our dentist doesn’t take insurance, the kids dentist used to be in network but no longer. When the kids needed wisdom teeth removal I called 3 practices before finding one that was in network etc.
Although I imagine it would be hard to do that right out of dental school, you’d have to get established first.
Anonymous wrote:Anonymous wrote:Get her into oral surgery. EASILY $500k/year out of residency and many making millions.
This is a highly competitive residency, though. Not realistic for most dental school grads.
Anonymous wrote:Get her into oral surgery. EASILY $500k/year out of residency and many making millions.
Anonymous wrote:Anonymous wrote:Dentists work low hours and their reimbursements are painfully low. Do you see what the insurance pays out for your annual cleaning? So if you're working 4 days a week from 8-4, I'd expect they don't make much more than $150-250k at most. I'd expect maybe even on the low end of that.
The dentists making more have typically gone the PE route, or otherwise are "running a business". They're not really practicing dentists anymore. Or at least that's not the majority of their time. They're making money off dental assistants pushing tooth whitening and other junk, not making money of filling cavities.
+1. When I look at my EOB for a cleaning I have a hard time seeing how they pay the hygienist's salary let alone cover other overhead associated with running a practice.
Anonymous wrote:Dentists work low hours and their reimbursements are painfully low. Do you see what the insurance pays out for your annual cleaning? So if you're working 4 days a week from 8-4, I'd expect they don't make much more than $150-250k at most. I'd expect maybe even on the low end of that.
The dentists making more have typically gone the PE route, or otherwise are "running a business". They're not really practicing dentists anymore. Or at least that's not the majority of their time. They're making money off dental assistants pushing tooth whitening and other junk, not making money of filling cavities.
Anonymous wrote:Anonymous wrote:Seems like a lot of dental practices are being bought up by private equity. And they’re constantly pitching stuff like used car salespeople. The days of the trustworthy neighborhood dentist seem to be over.
Does that mean it’s a good time to be a dentist because you make more money with private equity backing?
What happens to these practices that have PE or VC funding? Do the owners cash out and go buy boats and private jets?
Anonymous wrote:Is it possible to make $1M a year being a dentist? If you start a dental practice chain and get a venture capital investment can you bring in $1M or more a year?
I see dentist on social media that seem to be insanely wealthy.
Anonymous wrote:Dentists work low hours and their reimbursements are painfully low. Do you see what the insurance pays out for your annual cleaning? So if you're working 4 days a week from 8-4, I'd expect they don't make much more than $150-250k at most. I'd expect maybe even on the low end of that.
The dentists making more have typically gone the PE route, or otherwise are "running a business". They're not really practicing dentists anymore. Or at least that's not the majority of their time. They're making money off dental assistants pushing tooth whitening and other junk, not making money of filling cavities.
Anonymous wrote:Does anyone have an estimate of dentists income generally in this area after 10 years of practice? How does that compare to the income of a primary care physician? Thanks.
Anonymous wrote:Their suicide rate is very high. Their work hours are good and their malpractice insurance premiums are lower than MDs’. You have to be good with your hands. And have a strong ego to put up with everyone hating to see you.