Welcome to Backoffice Weekly by Faliam

03/14/2025

This is the first edition of Backoffice Weekly, where we aim to bring you the most important dental news related to finance, technology, and tools to help you enhance your back office.

1. Dental Industry Growth Despite Economic Challenges

PlanetDDS shares the industry’s first comprehensive annual report highlighting significant growth in 2024, with 60% of practices reporting same-store production increases. Despite economic challenges, practices maintained strong case acceptance and revenue growth.

Details

• Data from 3,400 practices shows positive trends in case acceptance and patient volume

• Average case completion rate stands at 42%

• Nearly half of practices had case acceptance rates between 40% and 70%

Deeper Dive

2. New Federal Bill Aims to Address Dental Workforce Issues

The Action for Dental Health Act of 2025 was introduced to extend funding for dental workforce challenges.

Details

• Bipartisan legislation supported by the ADA

• Aims to expand access to care and support dental disease prevention

• Focuses on reducing geographic and language barriers in dental care

Deeper Dive

3. ADA’s Dental Industry Predictions for 2025

ADA’s Chief Economist shares the spike of confidence in dentistry for 2025 amid ongoing challenges like staffing shortages, insurance issues, and rising overhead costs, with potential relief in staffing due to increased hygiene program graduates and advancements in AI and technology impacting practice efficiency and patient care.

Details:

• Staffing shortages and insurance issues remain top concerns for dentists.

• Rising overhead costs are a significant challenge for practices.

• There is a marked increase in economic confidence compared to 2024.

• Large graduation numbers from hygiene programs may alleviate staffing shortages.

• Practices are focusing on cost management strategies.

Deeper Dive

Toolbox

This document is designed as a quick-reference guide to help you evaluate practice performance based on key financial metrics'