Aug 27, 2022 | Business matters, Practice development, Professional development
Is it necessary to have a niche practice in order to make a comfortable living? This question comes up frequently in our consultations with colleagues. Many clinicians have developed thriving practices without focusing on any given specialty or population segment. You...
Jul 22, 2022 | Business matters
Here are 2 common scenarios that can be a source of bookkeeping confusion for mental health professionals in private practice. For illustrative purposes, these examples assume a hypothetical fee of $200 per hour: 1. Dr. A saw John in therapy for one session. John did...
Jun 26, 2022 | Business matters
From the "questions we get asked" file... "What percentage of my income should I be spending on overhead?" This is sort of a trick question, because the answer depends on several factors, including: 1. How you define "overhead" Overhead is not a legal term, and the...
Jun 11, 2022 | Productivity, Professional development, Research, searching, Web content
Keeping up with the latest research in your field is essential to maintaining an ethically responsible mental health practice. However, unlike our salaried colleagues in the academic community, we have limited time for reading journal articles. One way to stay abreast...
Apr 16, 2022 | Business matters, Practice development
Back in grad school the path to success was laid out for us. We were given a curriculum and syllabus, which outlined what we had to learn and in what order. Good grades were pretty much guaranteed by simply mastering the material. In actual clinical practice there is...
