DSO Movement | Dental Practice Evolution
As the dental profession continues to evolve, it appears as though the majority of the market is moving to a Dental Support Organization structure. There simply is not enough time in the day to take care of patients 4-5 days a week, and keep up with all of the other responsibilities that go into running a business. Because of the macro environment that most dentists are fighting through right now (inflation, labor market, supply chain, and raising interest rates just to name a few) it is driving massive acceleration in the DSO space.
Like anything, there are good DSO's and there are bad DSO's. The dental support organizations that get it right, are going to have massive run ways these next 5-10 years and beyond. The DSO is only as good as their providers are, so it is a very imperative to understand this relationship and make it a win-win scenario.
We believe that well run DSO will actually allow for our providers to make more compensation with us than they would out on their own. Based on economies of scale, insurance negotiating leverage, and synergizes, we truly believe that we can be hyper competitive in terms of compensation, while at the same time being able to offer a better work/life balance.
Currently there is a ton of disruption in the dental profession and because of these confusing times, we have seen a massive increase in the amount of dental offices that are for sale. It is going to be interesting to see how this increase in the supply of dental offices affects the overall demand for them in the coming years, but there is certainly no denying that the DSO segment is the fastest growing sector of the dental industry.
Check out our video below on the topic and please comment below what you guys are interested in learning more about!
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