Tuesday, June 25, 2013

Financial Success in Mental Health Practice


Financial Success in Mental Health Practice: Essential Tools and Strategies for Practitioners [Kindle Edition]

Author: Steven Walfish | Language: English | ISBN: B00CD3O4IQ | Format: PDF, EPUB

Financial Success in Mental Health Practice: Essential Tools and Strategies for Practitioners
Direct download links available Financial Success in Mental Health Practice: Essential Tools and Strategies for Practitioners [Kindle Edition] from with Mediafire Link Download Link

In this volume, authors Walfish and Barnett provide a comprehensive toolkit for practitioners to develop their business acumen and fully complement their extensive clinical training. Without question, top-notch clinical expertise in addition to sound business practices are 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 is packed with sample forms, letters, and question lists and also includes fee schedules, key principles of private practice, and 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. Direct download links available for Financial Success in Mental Health Practice: Essential Tools and Strategies for Practitioners [Kindle Edition]

  • File Size: 1014 KB
  • Print Length: 266 pages
  • Publisher: American Psychological Association; 1 edition (April 17, 2013)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B00CD3O4IQ
  • Text-to-Speech: Enabled
  • X-Ray:
    Not Enabled
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #660,451 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
I was excited when I first learned of this book, looking at APA advertising. There is great breadth of topics. Probably more so than other similar books. It is also well written. Like other similar books, the necessity of a business mindset is presented and probably the first place that many of us have difficulties, i.e., being "too nice."

I liked that the two authors have done things differently with their practices and discuss these differences, one example accepting insurance vs. having a cash practice. There is a chapter of whether or not to be associated with managed care panels. It lists a range of professional activities outside of individual counseling that clinicians may never have thought. It does a nice job of dealing with realities such as disability insurance, taxes, and saving for retirement. I would have liked greater depth on marketing. Several other books were referenced in this section, none of which I have been very impressed. I appreciated that they listed several places that do websites for clinicians.

This is a great place to start for beginners. More experienced clinicians will probably derive less,

Mike Miller, PhD

[...]
By Michael L. Miller
It is a mean world out there for the people who offer compassion and help to others with the mean world out there. If you are a patient of a psychologist or mental health professional, you might be getting support and assistance in overcoming problems such as depression and anxiety. When therapy is working (and it often does), there is less strain on the medical professions at large. When people are emotionally in balance, they have fewer medical and physical complaints. But Dr. Walfish's book is about the fiscal health of those in the mental health professions. Most therapists are making about 40% less or worse than they did 25 years ago! I worked with Dr. Walfish at Atlanta Center for Cognitive Therapy and I can say he has figured out ways to make a good living by doing good as an independent practitioner. Is it selfish for a person who is a helper to want to make a decent living? After all, a clinical psychologist spends an average of 10 years of university time to get a degree and another two years post doctoral to get credentials for a license. Is it fair for third parties such as the insurance companies to continue to lower reimbursement for psychological services while their profits fuel the stock market and line the pockets of their executives? And who said there is a promise of fairness in this life anyway? The momentum of the financial forces to profit from practitioners are greater than the advocacy efforts for the mental health professional. Walfish & Barnett offer ways to do more than rearrange the deck chairs on the sinking ship. To think that adaptation will occur in the system of health delivery is a fool's game. Read this book and become a creative survivor as a mental health professional. They don't teach you this on your internship. The book is not only an expense, it is an investment. Good luck to all fellow therapists out there. Your work is valuable.
By GA

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