Thousands of medical practices have closed during the pandemic, according to a July survey of 3,500 doctors by the Physicians Foundation, a nonprofit group. About 8 percent of the doctors reported closing their offices in recent months, which the foundation estimated could equal some 16,000 practices. Another 4 percent said they planned to shutter within the next year.
The linked article is about physicians not dentists. It would be interesting to know if dentists are experiencing the same issues and leaving the profession. I found this article from an ADA Morning Huddle link, but no word from the ADA regarding dental retirements. However most of the physicians in the NYT article who were leaving medicine were solo or small group practitioners. The same practice type as the vast majority of dentists.
What the article fails to address is how many more physicians are leaving now compared to other years. That would be significant information.
It is a personal tragedy for every dentist whose private practice fails or who is forced into early retirement. On the other hand it is an opportunity for those dentists who can stay in business, as the patients of the dentist who has left will need to find a new dental home.