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Book Cover
E-book
Author Walfish, Steven.

Title Financial success in mental health practice : essential tools and strategies for practitioners / Steven Walfish and Jeffrey E. Barnett
Edition 1st ed
Published Washington, DC : American Psychological Association, ©2009

Copies

Description 1 online resource (xvi, 266 pages)
Contents The mindset of the therapist : being a caring professional and earning a living are not mutually exclusive -- You are a small business owner : think like an entrepreneur -- Customer service and competence : the keys to financial success in independent practice -- Models of independent practice -- Office overhead : you have to spend money to make money -- Loss prevention : increasing the likelihood you get paid by clients and insurance carriers -- Understanding basic accounting and taxes -- Understanding the insurance needs and options of the independent practitioner -- To managed care or not to managed care : that is the question -- How independent practitioners earn money -- Attending to your finances : "what do you mean I don't get a pension?" -- Closing your practice : financial implications and options
Summary "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"--Jacket. (PsycINFO Database Record (c) 2009 APA, all rights reserved)
Bibliography Includes bibliographical references (pages 241-255) and index
Subject Mental health services -- Practice
Mental health services -- Administration
Mental health services -- Finance.
Mental Health Services -- organization & administration
Practice Management, Medical -- economics
Financial Management -- methods
Private Practice -- organization & administration
HEALTH & FITNESS -- Diseases -- General.
MEDICAL -- Clinical Medicine.
MEDICAL -- Diseases.
MEDICAL -- Evidence-Based Medicine.
MEDICAL -- Internal Medicine.
PSYCHOLOGY -- Practice Management.
Mental health services -- Administration
Mental health services -- Finance
Form Electronic book
Author Barnett, Jeffrey E.
American Psychological Association.
ISBN 9781433813825
1433813823
OTHER TI PsycBooks