ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES
This paper examines the economic impact of the COVID-19 pandemic on private dental practices in Bucharest, Romania, focusing on the influence of practice size and employee numbers. A comparative analysis was conducted across three years: 2019, 2020, and 2021, utilizing data sourced from the Romanian...
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| Format: | Article |
| Language: | English |
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Romanian Society of Oral Rehabilitation
2024-12-01
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| Series: | Romanian Journal of Oral Rehabilitation |
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| Online Access: | https://rjor.ro/economic-impact-of-covid-19-on-romanias-capital-dental-practices/ |
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| author | Delia Rădoi Mihaela Pantea Marina Imre Alexandra Ripszky Totan Ana Maria Cristina Țâncu Ana Cernega Miruna-Maria Apetroaei Silviu Mirel Pițuru |
| author_facet | Delia Rădoi Mihaela Pantea Marina Imre Alexandra Ripszky Totan Ana Maria Cristina Țâncu Ana Cernega Miruna-Maria Apetroaei Silviu Mirel Pițuru |
| author_sort | Delia Rădoi |
| collection | DOAJ |
| description | This paper examines the economic impact of the COVID-19 pandemic on private dental practices in Bucharest, Romania, focusing on the influence of practice size and employee numbers. A comparative analysis was conducted across three years: 2019, 2020, and 2021, utilizing data sourced from the Romanian Finance Ministry. In 2019, there were 1,735 active dental practices, but this number declined to 1,704 in 2020 and further to 1,644 in 2021. Key financial indicators (KFIs) such as turnover, profit, revenue, expenses, debts, and employee numbers were analyzed. The findings revealed a significant decrease in turnover and revenue in 2020 compared to 2019 (p < 0.001), with larger practices (those employing more than three individuals) facing a greater economic burden than smaller ones. However, in 2021, larger practices demonstrated a significant recovery, showing higher increases in turnover, profit, and revenue compared to the smaller ones (p < 0.001). This research shows how important adaptable workforce management is in a dental practice for staying profitable during economic crises. This paper suggests that dental practices should create strategies to improve their resilience against future crises based on these findings. |
| format | Article |
| id | doaj-art-f2736805df3f4aa7abb1e2357d5b6a07 |
| institution | Kabale University |
| issn | 2066-7000 2601-4661 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Romanian Society of Oral Rehabilitation |
| record_format | Article |
| series | Romanian Journal of Oral Rehabilitation |
| spelling | doaj-art-f2736805df3f4aa7abb1e2357d5b6a072025-01-21T12:35:39ZengRomanian Society of Oral RehabilitationRomanian Journal of Oral Rehabilitation2066-70002601-46612024-12-0116416417310.62610/RJOR.2024.4.16.16ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICESDelia RădoiMihaela PanteaMarina ImreAlexandra Ripszky TotanAna Maria Cristina ȚâncuAna CernegaMiruna-Maria ApetroaeiSilviu Mirel PițuruThis paper examines the economic impact of the COVID-19 pandemic on private dental practices in Bucharest, Romania, focusing on the influence of practice size and employee numbers. A comparative analysis was conducted across three years: 2019, 2020, and 2021, utilizing data sourced from the Romanian Finance Ministry. In 2019, there were 1,735 active dental practices, but this number declined to 1,704 in 2020 and further to 1,644 in 2021. Key financial indicators (KFIs) such as turnover, profit, revenue, expenses, debts, and employee numbers were analyzed. The findings revealed a significant decrease in turnover and revenue in 2020 compared to 2019 (p < 0.001), with larger practices (those employing more than three individuals) facing a greater economic burden than smaller ones. However, in 2021, larger practices demonstrated a significant recovery, showing higher increases in turnover, profit, and revenue compared to the smaller ones (p < 0.001). This research shows how important adaptable workforce management is in a dental practice for staying profitable during economic crises. This paper suggests that dental practices should create strategies to improve their resilience against future crises based on these findings.https://rjor.ro/economic-impact-of-covid-19-on-romanias-capital-dental-practices/covid-19; dental economics; dentistry; dental professionals; infection control; pandemics impact; post-pandemic lessons; public health; oral health |
| spellingShingle | Delia Rădoi Mihaela Pantea Marina Imre Alexandra Ripszky Totan Ana Maria Cristina Țâncu Ana Cernega Miruna-Maria Apetroaei Silviu Mirel Pițuru ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES Romanian Journal of Oral Rehabilitation covid-19; dental economics; dentistry; dental professionals; infection control; pandemics impact; post-pandemic lessons; public health; oral health |
| title | ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES |
| title_full | ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES |
| title_fullStr | ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES |
| title_full_unstemmed | ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES |
| title_short | ECONOMIC IMPACT OF COVID-19 ON ROMANIA’S CAPITAL DENTAL PRACTICES |
| title_sort | economic impact of covid 19 on romania s capital dental practices |
| topic | covid-19; dental economics; dentistry; dental professionals; infection control; pandemics impact; post-pandemic lessons; public health; oral health |
| url | https://rjor.ro/economic-impact-of-covid-19-on-romanias-capital-dental-practices/ |
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