Category: Business operations
-
Should You Remain Private Pay? Before You Change Your Business Model, Ask Yourself These Questions
As Illinois HB 1085 brings the prospect of higher reimbursement rates for many commercially insured psychotherapy services, I have started hearing a new question from private-pay practice owners: Should I join insurance panels?
-
Illinois HB 1085: How Illinois Therapy Practices Should Prepare Before 2027
HB 1085 is coming. Here’s what Illinois therapy practice owners should do now to understand their payer mix, review rates, and model the financial impact.
-
Illinois HB1085: Higher Reimbursement is Coming, But Practices Must Plan to Benefit
Illinois HB 1085 will raise reimbursement rates for many behavioral health services starting in 2027. For psychotherapy practice owners, that’s meaningful progress. It’s also a reason to look closely at whether your current compensation model and business structure are ready for it.
-
Shared Metrics and Financial Transparency in Therapy Practice Ownership
This is Part 3 of a three-part series on the inner and structural dimensions of owning a psychotherapy practice. Part 1 examines the emotional weight many owners carry, particularly around money and legitimacy. Part 2 reframes margin as a function of stewardship rather than self-interest.
-
Margin as Stewardship: Building Financial Stability That Supports Care
The second challenge we face as psychotherapy practice owners is financial stability. The second in a 3-part series that explores guilt, margin, and sustainable leadership in psychotherapy practice.
-
Ownership as Stewardship: The Emotional Weight of Practice Ownership
For many psychotherapy practice owners, the first challenge we face as leaders is emotional. The first in a 3-part series that explores guilt, margin, and sustainable leadership in psychotherapy practice.
-
Year-End Review for Therapy Practice Owners: Finding the Learning in What Actually Happened
This article guides therapy practice owners through a practical year-end review process that uncovers valuable insights and patterns. Learn how to examine your practice numbers, operations, team dynamics, and your own experience as an owner.
-
Top 8 Business Struggles for Therapy Practice Owners in 2025
51 therapy practice owners shared their biggest business struggles with me, and the challenges were remarkably similar: no time for planning, declining referrals, financial confusion, and trying to build systems while already overwhelmed. This post breaks down the 8 most common struggles and shares what actually helps.
-
Unblocking Your Psychotherapy Practice: Identifying and Resolving Constraints
Unblock your psychotherapy practice by addressing owner constraints first. This structured method helps you clarify your role, identify bottlenecks in private practice, and reclaim the time needed to lead effectively.
-
Money in Limbo: Why Proactively Managing A/R Matters for Every Practice Owner
A practice I consulted with recently seemed to be in great shape. The schedule was full, the therapists were busy, and the owner felt proud of the steady revenue her team was generating. Yet, from the start, she voiced a common concern: “I just don’t feel as profitable as I should be.”
