Financial Success in Mental Health Practice

Financial Success in Mental Health Practice
Title Financial Success in Mental Health Practice PDF eBook
Author Steven Walfish
Publisher
Pages 266
Release 2009
Genre Mental health services
ISBN

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"For many independent mental health practitioners, having a profitable business and being an empathic clinician may seem mutually exclusive. In graduate training, little emphasis is placed on learning, refining, and mastering the business aspects of private or group practice. In fact, very few clinical doctoral programs provide any business or financial management training for future practitioners. In this volume, Steven Walfish and Jeffrey E. Barnett provide a comprehensive tool kit for practitioners to develop their business acumen and fully complement their extensive clinical training. The authors skillfully demonstrate that top-notch clinical expertise along with sound business practices is the winning combination for long-term success. Financial Success in Mental Health Practice shows readers how to market their practice, ensure its profitability, provide quality client service delivery, manage office overhead, implement effective accounting practices, handle commercial taxes and business expenses, navigate insurance claims and reimbursements, and plan for retirement. Written in an accessible and engaging style, this volume offers sample forms, letters, and fee schedules, as well as interviews with highly successful entrepreneurs and executive managers. This complete resource will equip the early career or seasoned clinician with the tools and strategies needed for a rewarding and fruitful career"--Jaquette (PsycINFO Database Record (c) 2009 APA, all rights reserved).

Financial Success in Mental Health Practice

Financial Success in Mental Health Practice
Title Financial Success in Mental Health Practice PDF eBook
Author
Publisher
Pages
Release 2009
Genre
ISBN

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Financial Management for Your Mental Health Practice

Financial Management for Your Mental Health Practice
Title Financial Management for Your Mental Health Practice PDF eBook
Author Diane Libby Cpa
Publisher TPI Press. the Practice Institute, LLC
Pages 104
Release 2015-12-19
Genre Psychiatrists
ISBN 9780990344537

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Perhaps no issue is more important to the sustained success of a mental health practice than understanding the financial aspects of running a business. Yet this topic receives such little attention in most professional training programs. Without full awareness of where revenues are coming from, and where they are allocated in the practice, how can small business owners know how they are doing financially? Could you be doing better? Where should you invest more resources? Where could you cut expenses? How can you review financial statements to plan for sustained growth in your practice? One need not be a CPA to develop and maintain a successful practice, but understanding basic accounting concepts is one of the necessary ingredients. In this book Dr. Zimmerman combines his years of experience running a large mental health practice and consulting to mental health practices, with Ms. Libby's years of experience working as a CPA for mental health practices, to develop a helpful and important primer that is essential reading for anyone wanting a financially successful practice.

Getting Started in Private Practice

Getting Started in Private Practice
Title Getting Started in Private Practice PDF eBook
Author Chris E. Stout
Publisher John Wiley & Sons
Pages 359
Release 2004-10-11
Genre Psychology
ISBN 0471426237

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All the tips and tools you need to build a successful mental health practice from the ground up Many mental health professionals currently working for group practices, hospitals, and private or government agencies have both the skills and the drive to become solo practitioners. But how and where do you begin? Getting Started in Private Practice is a reliable reference that offers the comprehensive information and armchair motivation you need to establish and build your own practice from the ground up. User-friendly and full of helpful tips, this handy book provides you with tools and techniques for starting and maintaining a thriving private practice, including information on: * Discovering your ideal practice * Creating a business plan * Financing your start-up * Setting fees * Setting up shop and measuring results * Minimizing risk * Managing managed care * Marketing your practice * Generating referrals * Utilizing additional print, Web, and organizational resources From major concerns such as ethics and liability to day-to-day matters like selecting stationery and business cards, Getting Started in Private Practice puts the best solutions at your fingertips. Whether you're a recent graduate or a seasoned pro, this invaluable resource will help you minimize the uncertainty of establishing a solo practice while maximizing the rewards.

The Financial Mindset Fix

The Financial Mindset Fix
Title The Financial Mindset Fix PDF eBook
Author Joyce Marter
Publisher Sounds True
Pages 0
Release 2021-07-27
Genre Business & Economics
ISBN 1683647246

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Uncover Twelve Mindset Shifts That Will Transform Your Financial Future As a therapist, Joyce Marter noticed an extraordinary trend: as her clients improved their mental health, they leveled up in other areas of their lives. They received raises, they got promotions, and some even started their own business. This epiphany led her to develop an insightful and ingenious process for releasing limiting habits and beliefs so you can begin your journey to freedom and prosperity. Here, Joyce shares the culmination of her life’s work as the go-to expert on the “Psychology of Success”—a proven method to help you improve your financial well-being by focusing on your psychological and relational issues around money. By working with The Financial Mindset Fix, you will learn how to: • Recover from burnout, overwhelm, financial stress, and money anxiety • Improve your mental health by practicing better self-care and accessing the support you need and deserve • Change the way you think, feel, and behave with money to end self-limitation and self-sabotage and welcome far greater success • Embrace your worth and set healthy boundaries in your financial relationships with others at home and at work • Create a personal and professional vision for holistic success that includes work-life balance and tending to your dreams • Use simple tools from cognitive behavioral therapy, mindfulness, and narrative therapy to change your life personally, professionally, and financially For anyone looking to step into a life of wealth and well-being, this is a welcome guide. “In this wonderful new book, successful therapist Joyce Marter gently takes you by the hand and walks you down the path toward better mental health and abundant financial life. Her twelve unique mindsets will revolutionize your relationship with money and significantly improve the way you view yourself.” ―Stephen M. R. Covey, author of New York Times and #1 Wall Street Journal bestseller The Speed of Trust

Private Practice Essentials

Private Practice Essentials
Title Private Practice Essentials PDF eBook
Author Howard Baumgarten
Publisher PESI Publishing & Media
Pages 0
Release 2017-03-27
Genre Psychology
ISBN 9781683730521

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Private Practice Essentials is an innovative, practical guide and workbook for creating business and clinical success in your counseling and therapy practice. You'll be guided through numerous exercises that provide a solid and personalized plan with realistic and attainable goals. It's like having a professional business consultant right at your fingertips. 75+ reproducible worksheets, forms and exercises * Networking & Marketing Strategies * Tips to Improve Financial Success * Budgeting Tools * Clinical Intake and Business Forms * Business Plan Templates * Diversification Strategies

The Well-Managed Mental Health Practice

The Well-Managed Mental Health Practice
Title The Well-Managed Mental Health Practice PDF eBook
Author Donald E. Wiger
Publisher John Wiley & Sons
Pages 306
Release 2007-10-05
Genre Psychology
ISBN 0470166835

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The step-by-step guide to building and managing a profitable and successful practice or clinic Beyond your training as a therapist, the skills required to create and build a practice and to supervise others are typically not taught as part of your clinical training. There are myriad decisions you must make, including financial, organizational, and marketing decisions, that will determine the success and profitability of your practice, group practice, or clinic. The Well-Managed Mental Health Practice draws from author Donald Wiger's vast experience as owner and manager of both small and large mental health practices and clinics. This helpful resource provides sound business practices, immediately useful insights into the accrediting process, and other critical information you will need to avoid legal trouble, ensure payment from individuals and third party payors, and create a thriving practice. Designed for practices or clinics of any size and at any stage of development--from start-up through mature business--this easy-to-follow book looks at all the issues involved with starting and running a mental health practice and offers: * Practical advice on how to increase business, develop your professional reputation, and set priorities, as well as helpful insights on customer service, employee relations, time management, and coping with stress * Indispensable tools for developing business and management skills to ensure smooth operation and maximum profitability * Useful tips for handling problems encountered by clinic directors and clinic decision-makers * Numerous sample forms and procedural documents A vital reference for a wide range of mental health professionals, The Well-Managed Mental Health Practice is an important guide that will equip you with the skills necessary to develop a financially successful practice that survives and thrives.