HPI report: Dentists’ earnings remain stable
After six full years of post-Great Recession data, it’s safe to say that dentist earnings are not bouncing back, according to the ADA Health Policy Institute.
ADA News reports that a December 2016 HPI research brief shows that, like previous years’ research, dental earnings since the early 2000s have been affected by a stagnant demand for dental care, declining payment rates through private dental plans and the recent increase in the supply of dentists.
“However, our analysis also suggests that we could be seeing a turnaround, or at least a bottoming out, of the multiyear trend of reduced busyness,” according to authors Bradley Munson, senior research analyst, and Marko Vujicic, Ph.D., chief economist and vice president of the ADA Health Policy Institute, in “Dentist Earnings Were Stable in 2015,” available at ADA.org/researchbriefs.
In 2015, general practitioner dentists’ average annual net income was $179,960; $320,460 for specialists; $195,200 for owner GPs; and $132,370 for non-owner GPs. The slight increases in net income for general practitioner dentists, owner and non-owners, along with the slight decrease for specialists, from the previous year were not statistically significant.
When adjusted for inflation, average net income has decreased significantly for all general practitioners since the 2005 peak value of $219,638.
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