In the last decade, private equity firms have been quietly taking control of dental care from behind the scenes, largely through secondary business organizations that push dental practices to cut costs and, in some cases, encourage unnecessary and irreversible dental procedures. In 2024, the dental industry witnessed 161 private equity deals " the highest number of any health care industry, as tracked by the watchdog organization, Private Equity Stakeholder Project. The data reveals that these investment firms are increasingly acquiring dental practices or inserting themselves into clinic management roles, where they then cut corners on patient care. The dental industry is an especially alluring target for private equity firms because it's comprised of thousands of independent clinics, offering investors a fragmented industry to consolidate and streamline. Between 2011 and 2019, private equity firms bought up $4.4 billion worth of dental practices. Dentists at ClearChoice Dental Implant Centers " a dental chain owned by Aspen Dental, one of the largest dental service organizations " were allegedly extracting healthy teeth from patients and replacing them with expensive implants. Experts have warned in various lawsuits against the implant center that this irreversible procedure exposes patients to excessive costs and surgery complications, plus a greater risk of future dental problems like infections and bone loss.
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