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Mental health private practices are businesses just like any other, and as such, they need to keep accurate accounting records.  Unfortunately, many mental health practitioners make common accounting mistakes that can have a negative impact on their business. These mistakes are common, however, they can lead to significant issues, so it’s important to be aware […]

Mental health professionals juggle a lot of responsibilities, and ensuring that their finances are in order is often one of them.  However, many practitioners neglect to take a close look at their fiscal situation at the end of the year, but one of the most important things you can do now is review your financial […]

The budget for your mental health practice is an essential aspect of your business and at the beginning of each year, you make a plan for your money and your business by creating a budget. But it can be challenging to know where to start when it comes to evaluating and analyzing your budget.  It’s […]

The end of the year is coming quickly, and there’s no better time than now to get organized. Preparing financially for year-end will be a massive advantage for your business and leave you feeling ahead of the game rather than frazzled. You could leave it until the beginning of next year and throw everything together […]

With the growing demand for mental health services, it is increasingly important that you have a strategy to create and reach goals in your mental health practice.  Goals are targets the company plans to achieve in a specific period and gives the business direction for its path to success. Therefore, goal setting is essential for […]

Accurate and consistent billing practices can make the difference between having your mental health practice succeed or struggle and solidifying a strong process for this is one of the best things you can do for the health of your business. You might think that because you see many patients, you’ll be financially successful, but only […]