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Overview
An Overview of the Financial Side of Your
Mental Health
Practice
The most important tool in successfully running a practice,
is unfortunately one that is not taught in graduate
school. How to run, maintain and succeed in financially
managing your practice. How you go about choosing
what insurance panels to get on, how to professionally
set up your fee schedule, and how to choose a competent,
reliable, efficient bookkeeping service are some of
the key components of launching and maintaining a successful
business.
The decisions you make, right down
to choosing your bookkeeping service, are crucial and
can either make or break your business. Learning
to integrate your patients' financial backgrounds, as
well as your liabilities and financial needs will not
only strengthen your relationship with your patients,
it will enable you to build a more lucrative practice.
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