Dental practice management is the process of overseeing the business operations of a dental practice. This includes tasks such as managing finances, scheduling appointments, hiring and training staff, and marketing the practice. Traditionally, dentists have been the sole owners of dental practices. However, in recent years, there has been a growing trend of non-dentists owning dental practices.
There are several reasons for this trend. First, the cost of dental education has been rising steadily, making it more difficult for dentists to start their own practices. Second, the regulatory environment for dental practices has become increasingly complex, making it difficult for dentists to stay up-to-date on the latest rules and regulations. Third, the growing number of baby boomer retirees is creating a demand for dental services, which is making dental practices more attractive to investors.