Practice Economics 1 article

Practice Economics examines the financial mechanics that determine whether a dental service can operate sustainably. Revenue, staffing and laboratory costs, chair utilisation, fee setting, overheads, cash flow, capital expenditure and service mix all affect the relationship between activity and margin. These measures can inform planning without reducing clinical decisions to profitability alone. Financial performance and resource use at practice level are the concern, distinct from the patient's treatment bill or an insurer's reimbursement rules.