Perhaps you are professionally burnt out. Or, you feel as if your career has stagnated and you’re open to change. Maybe you’re finishing dental school or a residency program and are searching for a fulfilling practice life. Whatever your reason for contemplating a major career move, a successful and happy resolution most easily comes from making an informed decision. Dentistry allows for you to act as the sculptor of your career. Since this possibility exists, it is beneficial to gain an understanding of the current trends in dental practice and the various directions you can point your career. With this knowledge, you can form the professional career mould that will be filled on your terms.
My professional career began in 2012. Though only 9 years have passed, the changes in dentistry have been great. For my class of 85 graduates, we sifted through the various practice options for where and how we would practice. The most common were entering active private practice, most prominently as an associate dentist, beginning a residency for general practice or a specialty, or practicing as a military dentist. Corporate dentistry was growing in prevalence at this time, but it was not a common pursuit of my classmates. Some were drawn to solo private practice, but it was a large minority who chose that path. Group practices were certainly present, but not to the degree they exist today. In nine short years, the practice options for graduating dentists have changed dramatically. Concurrently, established doctors find themselves in a changing professional climate as dentistry evolves around them. These changes are effectively impacting the careers of dentists at every stage of professional practice. If you’re sculpting your ideal career in dentistry, you may learn these trends and only see roadblocks for your dreams. Conversely, you may learn these trends and see tremendous opportunity to sculpt your most desirable career path.
The rise of dental group practice is perhaps one of the most impactful changes occurring in the profession. Defined as a practice with multiple doctors actively caring for patients or a practice with multiple locations, group practice has risen in prominence and desirability amongst the profession. A 2015 study published in the Journal of the American Dental Association found that dentists in small group practice reported the highest career satisfaction overall as compared to large group practice or solo practice. Those working in large group settings reported the highest satisfaction with their income and benefits received, as well as reduced stress, when compared to dentists in solo practice1. Twenty years ago, nearly two-thirds of dentists were in solo practice. As of 2017, only 50% of dentists were practicing in solo practice. Among various age groups, the prevalence of solo practice is dropping for each. For dentists less than 35 years old, only 1 in 5 practice as a solo practitioner, and this reflects a 6% decrease from 2010 to 2017. For dentists age 35-44, there has been an over 8% decrease for dentists in solo practice in this same time period. Females are now entering the dental field at a rate equal to, or even greater than, males throughout the United States. Female dentists statistically work fewer hours per week compared to their male colleagues and are in solo practice at a rate nearly 20% less than their male colleagues2. As for practice ownership, in 2017 dentists younger than age 44 owned practices at a greatly reduced rate when compared to 2005. Dentists younger than 35 showed an ownership drop of 16% in 2017 in comparison to 2005. The above figures only represent dentists in private practice and do not include statistics from dentists practicing in a corporate setting.
In conjunction with group practice, corporate dental practice is growing in prominence amongst the dental community, as well. In 2017, nearly 9% of American dentists were affiliated with a corporate dental practice. Women practice in a corporate setting at a greater rate than men, and nearly 1 out of 5 dentists younger than age 34 practice in a corporate setting. Some American dental schools report nearly 25% of the graduating class beginning their professional career in a corporate dental office. This trend toward a corporate practice structure continues to grow its prevalence in dentistry.
Taking a big-picture view of the trends, we recognize that private practice ownership is decreasing amongst dentists, especially younger dentists and women. We see that practicing as a solo dentist is declining in prevalence as group practices continue to become more common. We find that corporate settings are attracting statistically greater numbers of dentists than ever before, most notably amongst the younger generation and women. The days of most every dentist practicing by themselves as the sole owner of a dental practice are becoming farther and farther away.
You may see these trends and think, “This is where dentistry is going; this is how I need to shape my career to succeed.” However, your career doesn’t have to follow the trends. Are you a 30-year-old female dentist who wants to own a private practice, and you would love to be the sole practicing doctor? Create this mould. Shape this career. Live this dream. You likely did not pursue a degree in dentistry to be told how and where you should practice. The freedom is there to swim against the current and create the professional life of your dreams. If you want it, do it.