posted by gyma
I saw my dentist for my 6-month cleaning last week and we had a brief conversation about the future of dentistry. My dentist is in his 50s and practices dentristy the way I like: minimally. He's not suggesting I have all my amalgam fillings replaced, the way my ex-dentist did. Or forcing me to have panoramic x-rays every year. He also does everything himself -- including the cleanings.
His daughter recently graduated from dental school and the future of dentristy is likely corporatization. Students graduate with excessive student loan debt and the cost of setting up private practice is too costly. So nearly all newly minted dentists are being hired by corporations such as Comfort Dental. Ack!
And what do you think that means for the future of dentistry? Here, let Bloomberg explain it to you:
Isaac’s dentist was dispatched to his school by ReachOut Healthcare America, a dental management services company that’s in the portfolio of Morgan Stanley Private Equity, operates in 22 states and has dealt with 1.5 million patients. Management companies are at the center of a U.S. Senate inquiry, and audits, investigations and civil actions in six states over allegations of unnecessary procedures, low-quality treatment and the unlicensed practice of dentistry.
Isaac, the 4-year old kid mentioned above, had 2 steel crowns put on baby teeth after having root canals done on them. This was performed at school, without his parents' permission. Poor kids are being subjected to painful dental procedures so some greedy bastard can make a profit on Wall Street on the taxpayer's dime.
You shouldn't be surprised to learn much of the so-called "profit" comes from Medicaid fraud. Republicans bitch constantly about government fraud, although they only bitch when Democrats are in power.
Otherwise, it's all good.