The “Wal-Martization” of Dental Practice

The economic environment of dental practices is undergoing rapid change. Franchise and network practices are increasing in number because of many underlying economic factors, including supply and demand for services, banking requirements, student debt, proliferation of managed care plans, and healt...

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Bibliographic Details
Main Author: David O. Willis
Format: Article
Language:English
Published: Wolters Kluwer Medknow Publications 2011-10-01
Series:Dental Hypotheses
Subjects:
Online Access:http://www.dentalhypotheses.com/index.php/dhj/article/view/68
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author David O. Willis
author_facet David O. Willis
author_sort David O. Willis
collection DOAJ
description The economic environment of dental practices is undergoing rapid change. Franchise and network practices are increasing in number because of many underlying economic factors, including supply and demand for services, banking requirements, student debt, proliferation of managed care plans, and healthcare reform. These franchise practices compete very effectively with traditional solo dental practices, leading to the “Wal-Martization“ of dental practice, in which dental services are bought and sold more as a commodity than as an individually unique service. These chains compete with private practices on efficiency, convenience, insurance plan participation, and aggressive marketing. There are advantages and disadvantages for both the patients and dental practitioners for participating in this practice mode. This paper explores the reasons that these entities are growing, and offers suggestions for independent solo practitioners to compete with them.
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spelling doaj.art-82ae7cfdda4e4214b96206c25c0213762022-12-21T22:28:34ZengWolters Kluwer Medknow PublicationsDental Hypotheses2155-82132155-82132011-10-0124202216The “Wal-Martization” of Dental PracticeDavid O. WillisThe economic environment of dental practices is undergoing rapid change. Franchise and network practices are increasing in number because of many underlying economic factors, including supply and demand for services, banking requirements, student debt, proliferation of managed care plans, and healthcare reform. These franchise practices compete very effectively with traditional solo dental practices, leading to the “Wal-Martization“ of dental practice, in which dental services are bought and sold more as a commodity than as an individually unique service. These chains compete with private practices on efficiency, convenience, insurance plan participation, and aggressive marketing. There are advantages and disadvantages for both the patients and dental practitioners for participating in this practice mode. This paper explores the reasons that these entities are growing, and offers suggestions for independent solo practitioners to compete with them.http://www.dentalhypotheses.com/index.php/dhj/article/view/68Dental management companiesDental networksFranchisesPractice management.
spellingShingle David O. Willis
The “Wal-Martization” of Dental Practice
Dental Hypotheses
Dental management companies
Dental networks
Franchises
Practice management.
title The “Wal-Martization” of Dental Practice
title_full The “Wal-Martization” of Dental Practice
title_fullStr The “Wal-Martization” of Dental Practice
title_full_unstemmed The “Wal-Martization” of Dental Practice
title_short The “Wal-Martization” of Dental Practice
title_sort wal martization of dental practice
topic Dental management companies
Dental networks
Franchises
Practice management.
url http://www.dentalhypotheses.com/index.php/dhj/article/view/68
work_keys_str_mv AT davidowillis thewalmartizationofdentalpractice
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