Dec 17, 2022 | Business matters, Productivity, searching
Like many clinicians searching for answers regarding private practice business issues (and other things), you probably start with Google. You will likely get pages of results, many of which are irrelevant, outdated, misleading or erroneous. Here are a few search tips...
Oct 22, 2022 | Business matters
These days it's fairly easy and inexpensive to set up a telehealth-based mental health practice. All you need is a private space at your home, a secure internet connection and some basic hardware, and you're open for business. It's not quite that simple, of course....
Oct 1, 2022 | Business matters
Hurricane Ian is just the latest in a series of disasters that have hit the US over the past few years. The map below, from the US Census Bureau, shows a summary of storms, floods, wildfires and other disaster declaration areas. More information and map tools are...
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...
