It’s an exciting step to decide you want to start your own therapy private practice. You get to be your own boss and have the flexibility that you want. But for many it can be a scary step too, not knowing where to start or all that goes into it. Thousands and thousands of other people have been in the same boat as you, no business experience yet have been able to grow a successful therapy practice, and you can do it too. Grad school for therapists typically doesn’t teach you how to build a business, if anything they spend a lot of time telling you that you may not make much money. But you are very capable, and I will give you some action steps to get started.

Many therapists that have taken insurance in the past are getting sick of the low reimbursement rates and all the effort that goes into taking insurance. Yet people who only take private pay have a harder time finding clients and either have to do more marketing or some end up getting on insurance panels again. Let’s explore the pros and cons to accepting insurance vs private pay, so you can make the most educated decision for your business.

Is your schedule getting more full? Are you wanting to see less clients a week and instead focus more on the business end of your business? Then transitioning to a group practice might be the best fit for you. Does it seem overwhelming? It felt very overwhelming for me at first, so I’m here to guide you on everything I learned to help you build a solid group practice that can continue to grow as you’d like. It’s not as scary as you may think, just follow these steps and reach out if you need more guidance.

When you decide to open a private pay therapy practice and not accept insurance, you’re going to have to do more to stand out. You’re going to have to show your ideal client that your value is more than your price. So how do you do that?