Category: Accounting

  • Goal Setting in Private Practice: A Guide for Success

    Success in private practice requires intentionality, planning, and actionable steps. This applies whether you’re just starting or seeking to grow your established practice In this article, we’ll explore how private practice owners can set SMART goals, overcome challenges, and achieve sustainable growth while maintaining balance in their personal and professional lives. Why Goal Setting is…

  • How to Increase Prices in Private Practices

      Why raising rates is essential for your private practice Raising rates in a private practice is about sustaining the quality of care you provide and ensuring your practice remains financially viable. While discussing rate increases with clients can feel uncomfortable, it’s a necessary step to keep your therapy practice growing. Impact of inflation and…

  • How to Be a Better Leader for Your Mental Health Practice

    Strong leadership in a mental health practice helps in creating an environment where both clients and staff can thrive. Cultivating the right skills and mindset lets private practice owners achieve sustainable growth, improve patient outcomes, and attain professional satisfaction. Why leadership matters in mental health practices Leadership plays a critical role in shaping every aspect…

  • Simplified Billing for Therapists and Mental Health Professionals

    The billing struggle is real (but manageable!) Billing for mental health services isn’t exactly a walk in the park. Between deciphering insurance claims, keeping patient records accurate, and chasing proper reimbursements, many therapists find their time divided between client care and administrative chaos. It’s a challenge that can feel overwhelming but doesn’t have to stay…

  • Telehealth for Your Private Practice: An In-Depth Guide

    The rise of telehealth has reshaped private practices, offering a compelling solution to bridge gaps in care delivery. What began as a response to specific healthcare needs has grown into a powerful tool for healthcare providers, including mental health professionals. Early telehealth platforms were limited by technological constraints, but the convergence of technologies, such as…

  • Top Billing Software for Therapists: What to Look For and Key Recommendations

    Top Billing Software for Therapists: What to Look For and Key Recommendations

    Billing software for therapists simplifies the entire billing process and enhances administrative efficiency. For mental health professionals, managing billing is more complex than simply sending invoices. It is a tedious process that involves insurance claim submissions, HIPAA compliance, and accurate record-keeping. Ideally, you would want these administrative tasks as streamlined as possible — in other…