What’s a reasonable dental supply overhead for a dental practice? How does your dental supplies overhead compare to the national average?
Knowing what a reasonable overhead should be is a critical element of managing a successful dental practice. It’s a key lever to managing and maximizing a practice's profitability. Variable costs, such as dental supplies, make up just a piece of managing your overhead.
To facilitate your dental supplies overhead planning, TDSC.com has put together a Dental Supply Overhead Calculator, where you can budget supply spend by category based on your individual practice overhead goals.
In an article published by Dental Economics, Allen M. Schiff, CPA, CFE, the president of the Academy of Dental CPAs, recommended to budget “6% of your collections for dental supplies.” Use our calculator below to estimate your current percentage spend on supplies and plan for your practice’s dental supply overhead goal. The results will provide you with the percentage spend you should target overall and for each category.
Once you are done, you can email yourself the results! Then we suggest you take a look at our ‘Supply Savings Guide’ to plan your next supply purchase.
Did you know you can save 25% off your first order on TDSC.com? Create an account to get your code today.
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TDSC, Inc., a subsidiary of Henry Schein, Inc. established with the California Dental Association in October 2020, serves dentists nationwide and members of all 50 state dental associations with a transparent and competitively priced, online-only option for obtaining dental supplies. TDSC, Inc., through TDSC.com, Powered by Henry Schein, offers dentists an expansive product portfolio of leading brands, fast delivery, access to free shipping, and added savings for members of state dental associations.
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