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Economic Confidence May Be Down But Dental Practices Have Options

According to a recent article from ADA News, U.S. dentists’ economic confidence dropped significantly in the first quarter of 2025, the lowest since the pandemic. This insight, based on data from the Health Policy Institute’s Economic Outlook and Emerging Issues in Dentistry Poll, highlights concern over rising operational costs, stagnant insurance reimbursements, and a slowdown in patient volume. 

While it’s easy to feel discouraged by these trends, dental practices still have tools at their disposal to weather the storm and even come out stronger. At Edwards & Associates, we help practices in Texas and across the country take control of their financial future through proactive planning and tailored support.

Here’s how we’re helping dental practices respond to today’s challenges:

  • Strategic Tax Planning: With tax laws changing and margins shrinking, a reactive approach won’t cut it. We build customized, year-round tax strategies to reduce your liability and maximize after-tax income.
  • Outsourced Accounting That Does More Than Crunch Numbers: If you’re trying to run your practice and manage your books, you may be missing opportunities or exposing yourself to risk. Our outsourced accounting services go far beyond bookkeeping. We deliver clear, timely financial reporting, help you manage cash flow, identify profit leaks, and provide the insights you need to make confident decisions. For many dentists, outsourcing accounting is not just a convenience, it’s a strategic advantage.
  • Overhead Analysis: With costs rising, it’s essential to understand where your money is going. We help you uncover hidden inefficiencies and restructure expenses to preserve profitability.
  • Practice Valuation & Transition Guidance: Whether you’re looking to grow through acquisition or planning for retirement, understanding your practice’s value and options is critical. We’re here to help you navigate those decisions with clarity and foresight.
  • Financial Planning with the Long View: In uncertain times, it’s easy to get stuck in the day-to-day. Our comprehensive financial planning services help you look beyond the current dip, map out your long-term goals, and build a practice that supports them.

Yes, confidence may be down, but your control over your financial health doesn’t have to be. With the right systems, strategy, and support in place, your dental practice can stay resilient and even thrive.

Ready to stop guessing and start planning? Let’s talk.