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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Format: | Article |
Language: | English |
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Wolters Kluwer Medknow Publications
2011-10-01
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Series: | Dental Hypotheses |
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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. |
first_indexed | 2024-12-16T14:18:52Z |
format | Article |
id | doaj.art-82ae7cfdda4e4214b96206c25c021376 |
institution | Directory Open Access Journal |
issn | 2155-8213 2155-8213 |
language | English |
last_indexed | 2024-12-16T14:18:52Z |
publishDate | 2011-10-01 |
publisher | Wolters Kluwer Medknow Publications |
record_format | Article |
series | Dental Hypotheses |
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 AT davidowillis walmartizationofdentalpractice |