Trust is healthcare's most valuable asset.
Unfortunately, it's becoming one of its scarcest.
Gallup reports that Americans' confidence in physicians has fallen from 77% in 2020 to just 53% four years later. Dentists continue to rank among America's most trusted professionals, but even dentistry has seen a measurable decline in public trust over the past decade.
Those numbers should concern every one of us.
Not because they describe where we are.
Because they hint at where we could be heading.
Then another statistic caught my attention.
A recent national survey found that 30% of Americans are still searching for the "right" dentist. Even more interesting wasn't what they were looking for—it was what they weren't.
They weren't asking for the newest scanner.
They weren't asking for the fanciest office.
They weren't asking for the lowest fee.
They were looking for empathy.
A dentist who listens.
A dentist who doesn't make them feel judged.
A dentist who treats them like a person before treating them like a patient.
That may be the most important lesson our profession needs to hear.
Empathy isn't simply good customer service.
Empathy is one of the foundations of trust.
And trust is healthcare's most valuable asset.
So what happened?
Medicine and dentistry have changed. Independent practices are giving way to larger organizations. Private equity has entered healthcare. Consolidation continues. Production goals, key performance indicators, and quarterly reports have become part of conversations that once centered almost exclusively on patients.
Let's be fair. This isn't an indictment of DSOs, private equity, or corporate ownership. There are outstanding dentists in every practice model, and there are poor examples in every practice model.
The real question isn't who owns the practice.
The real question is: Who owns the priorities?
Patients don't experience organizational charts.
They experience conversations.
They don't know your production goals.
They know whether you listened.
They don't know your EBITDA.
They know whether they felt rushed.
They know whether they mattered.
Dentists are under enormous pressure. Educational debt has soared. Practice overhead continues to rise. Insurance reimbursement struggles to keep pace. Young dentists are trying to build careers, families, and financial security at the same time.
Pressure changes people.
Not because they're unethical.
Because they're human.
That's why one of the greatest financial strategies a dentist can adopt has nothing to do with investing.
It's learning to live below your means.
Financial breathing room gives us the freedom to recommend what we truly believe is best for the patient—not what we need to produce this month.
Profit is not the enemy.
Every healthy practice must be profitable.
But profit is fuel.
Purpose is the destination.
When we confuse the two, patients notice.
When we keep them in the proper order, patients notice that, too.
Trust isn't built when we present treatment.
It's built long before we present treatment.
It's built when patients feel heard.
When they feel respected.
When they believe we understand their goals before we explain ours.
I've come to believe that the future belongs to the dentist patients trust.
Technology can be purchased.
Marketing can be copied.
Buildings can be expanded.
Trust must be earned.
Because patients don't buy crowns, implants, aligners, or veneers.
They buy confidence in the person recommending them.
