Written by Dentistry Today Thursday, 20 March 2014 10:30
IRVINE, CA- Amid findings by the Consumer Financial Protection Bureau and a Joint Congressional Staff Report, dentists are uniting to usher in better practices. Recognizing that the centralized management and financing operations of dental practices must be reformed, Dental Equities, LLC intends to help tackle a continuous financial problem within the dental industry. According to a recent Joint Congressional Investigation, led by Senators Grassley and Baucus, certain group dental clinics in corporate environments have placed control of their operations in the hands of large dental management service organizations, thereby putting profits above responsible patient care. Moreover, on December 10, 2013, the Consumer Financial Protection Bureau entered a Consent Order against a well-known industry leader in patient financing, preventing it from further deceptive enrollment practices.