2025 Medical & Dental Practice Finance Trends

The market has been choppy for a couple of years. On the ground, we’re seeing a familiar pattern: margins are tighter, costs are up, and smaller medical and dental clinics are feeling the squeeze more than larger, multi-room practices. I sat down with finance specialist Ali Joyce from Credabl to unpack what’s really happening across GP and dental practices in the West. Together, we explored how owners (and would-be owners) can make more innovative moves in the year ahead.

2025 Medical and Dental Practice Finance Trends

Tune in to our chat and discover the latest trends shaping the financial landscape for medical and dental practices:

Current Market Dynamics

What’s happening on the ground right now? The landscape is shifting. Practices are facing increased competition. Costs are rising, and patients are more discerning than ever. This environment demands adaptability.

Buy vs Build: Key Decisions

Buy or build? This is a critical question for many practice owners. Each choice comes with its own set of challenges and benefits. Understanding these can help you make informed decisions that align with your goals.

The Real Cost of Starting Up

Starting a practice involves significant costs. These include fit-out expenses, equipment purchases, and working capital. It’s essential to have a clear understanding of these costs to avoid financial pitfalls.

Protecting Margins in 2025

Tactics to protect margins in 2025 are vital. As costs rise, finding ways to maintain profitability is crucial. This might involve streamlining operations or renegotiating supplier contracts.

Property Strategy: To Buy or Not to Buy

Property strategy is another important consideration. Should you buy rooms in a self-managed super fund (SMSF)? This decision can have long-term financial implications.

Finance Market Snapshot

What do lenders want? A finance market snapshot from Credabl can provide insights into current lending trends. Preparing your practice for financing requires understanding these trends.

Need Support?

Need a second set of eyes to save time and reduce risk? Affluence Chartered Accountants can pressure-test your numbers and structure. Ali from Credabl can assist with funding options. Get in touch for a clear plan you can execute.

Conclusion

In conclusion, the medical and dental landscape is evolving. By staying informed and adaptable, you can navigate these changes successfully. Embrace innovation, protect your margins, and make strategic decisions. Your practice's future depends on it.