Dental Practices NAICS 621210

Jun 1, 2026 - US Bank Targets Dentists Opening New Practices

• US Bank unveiled a loan product aimed at dentists and veterinarians seeking to open their own practices. More dentists and veterinarians appear to be interested in starting their own practices after years of consolidation, according to American Banker. Dee O'Dell, US Bank's head of business banking sales, said the company decided to expand into the startup practice sector after noticing that its existing strategy "wasn't producing the same results" it had in the past. US Bank's expanded healthcare operation mirrors similar strategies put in place by other regional and super-regional banks, according to American Banker. Fifth Third Bancorp acquired healthcare fintech Provide in 2021 and has leveraged the purchase to increase lending to clinicians seeking to buy or establish a practice. TD Bank has seen its Healthcare Practice Solutions Group expand significantly since hiring Dan Croft to lead the unit in 2014, according to the bank. Practice–finance originations have totaled more than $3 billion since then, TD has said.
• About 63% of dental practices surveyed for revenue cycle management firm Zentist reported net collection rates of 90% or higher. About 71% of respondents identified real-time insurance verification as their primary daily challenge. Some 31% of respondents cited increasing patient out-of-pocket costs as the single trend most likely to impact business performance in 2026.

• Balancing the increasing operational complexity of running a modern dental practice with the need to deliver high-quality, personalized patient care will be the key dentistry challenge of 2026 according to Scott Kalniz, DDS. Chief Dental Officer and Vice President of Network Development at Beam Benefits. Other challenges include rising costs, staffing shortages, administrative burdens and growing patient expectations. The key to overcoming these challenges will be the thoughtful integration of technologies that help practices make smarter, faster decisions while automating many of the administrative tasks that slow teams down, such as scheduling, patient communication and revenue cycle management.
• Dental practice employment decreased slightly and average wages for nonsupervisory employees increased moderately during the first two months of 2026, according to the US Bureau of Labor Statistics (BLS). Dental Practices slightly raised their prices during the first three months of 2026, according to the BLS. Dental practice sales are projected to grow at a compound annual growth rate of 5.05% from 2026 to 2030, faster than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund.