Sikka Software, today announced the launch of a new website and heat map detailing the economic impact of the Coronavirus on the dental industry.
SANTA CLARA, CA, USA, April 2, 2020 — Sikka Software, a market leader in advancing retail and dental healthcare connectivity, today announced the launch of a new website and heat map detailing the economic impact of the Coronavirus on the dental industry. The repercussions of the Coronavirus on travel, restaurants, transportation, and retail have been widely discussed in the media, but the devastating impact to the $140B dental industry, employing over 150,000 workers in the US, has not yet been quantified. New data from Sikka Software, compiled from over 9,000 opt-in dental practices, shows that average patient visits declined by 81% the week of March 22rd versus the week of March 8th. The impact to dental production is even more dramatic, with the average dental practice down 83% over the last two weeks. To illustrate this impact, an average California dental practice produced just over $31,000 and saw an average of 88 patients during the week of March 8th. Last week, those averages dropped to under $6,000 and only 18 patients. Individual Practitioners have been hit harder than Dental Service Organizations (DSO), as DSOs are more likely to have emergency equipment, appropriate PPE, and are more likely to be engaged in teledentistry, all of which enable them to remain partially operationally during this crisis.
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