2024 Average Revenue and Expenses for Dental Practices

This guide presents the 2024 average revenue and expenses percentages for general dental practices across various revenue ranges. It details the financial performance metrics, including gross receipts, staff compensation, cost of services, and administrative expenses. The document categorizes practices based on revenue ranges of $725,000 to $1,200,000, $1,200,001 to $1,800,000, and over $1,800,001. Each category outlines specific percentages for staff salaries, costs, and overall expenses. The guide also discusses trends observed in practice performance, such as the increase in consultant expenses and employee costs, which have affected profitability. Additionally, it provides comparative performance data for the previous year, allowing practitioners to assess changes in their financial health. The information is derived from financial data provided by clients, aiming to assist dental professionals in enhancing their practice performance and achieving financial goals.