It goes without saying that the pandemic affected every aspect of life. See what HPI studies reveal.
It goes without saying that the pandemic affected every aspect of life. See what HPI studies reveal.
It goes without saying that the pandemic affected every aspect of life—including dental practices. Recently, Health Policy Institute (HPI) conducted a COVID-19 Economic Impact poll that tracked weekly reports of PPE supplies, patient volume, dental staff payment status and more, through 2021. The last poll, conducted on December 13, 2021, revealed the following:
National dental expenditures for 2020 took a hit with the advent of the pandemic. Overall, 2020 brought a 1.8% contraction in the dental economy. Government relief programs, like PPP and PRF, prevented a much sharper decline.
As we navigate through, and out of, the COVID era, the outlook looks promising for both patients and dental practices as dentists continue to see patients and find prudent ways to remain viable.
Here’s to a healthy and profitable 2022.
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