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What is the average dental collections percentage? ing to this article by DentistryIQ, the average collections percentage is 91%, but you dont want to be average. You want your collections percentage to be between 98%-100%.
Your collection percentage will fluctuate over time, but an average of 99% to 103% should be your goal. This number will fluctuate due to the timing of insurance payments. If your office submitted a few large claims at the end of the month, you may find your collection percentage to be lower than ideal.
In general, you should expect a dental practice to sell for 0.5x to 0.75x of its gross annual revenue, but there are multiple factors that will play a role. For example, if your practice generally has high overhead expenses related to equipment and solutions, then your practice might not sell for as much.
Average dental school debt: $293,900 As of 2022, the average dental school grad carried $293,900 in loans, while the average debt load for a graduate of the Class of 2022 was a slightly lower $286,200, ing to the Education Data Initiative.
On average, the value of a dental practice was approximately $2.1 million, or 62% higher using a business appraisal versus the value using the 0.8x rule of thumb multiple. The median difference in value was approximately $1.4 million, or 52% higher. That is quite a bit of money to leave on the table!
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Data gathered by Sikka Software from more than 12,500 dental practices shows that the average dental practice carried a total accounts receivable balance of $116,744.18 in 2016.
As of this writing, the largest DSOs in the United States by number of administrative-supported practices are: Heartland Dental More than 1,650 practices. Aspen Dental More than 1,000 practices. Pacific Dental Services More than 900 practices. Smile Brands Nearly 700 practices. MB2 Dental 500 practices.
Buying a dental practice already in business will cost about $500,000. In some cases, it can be as much as $750,000. The benefit of buying an existing business is dental machinery and equipment.

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