Practice Finance

How to Choose the Best Business Structure for Your Private Practice

Choosing the right business structure for your private practice is crucial for taxes, liability protection, and growth. Learn the key differences between a Sole Proprietorship, LLC, and S-Corp to make an informed decision.

Tax Deductions for Therapists: What You Can Write Off

Discover tax deductions for therapists and learn what expenses you can write off, from office rent to professional development. Maximize your savings and reduce your tax bill with this essential guide!

How Eligibility, Benefits, and Prior Authorization Affect Your Practice

Learn how eligibility, benefits, and prior authorization impact your mental health private practice. Explore strategies to manage insurance complexities, streamline billing, and provide seamless care for your clients.

Non-Billable Tasks That Eat Up Your Time — And How A Good EHR Will Help

Therapists: Non-billable tasks don’t have to consume your time. Learn how a good EHR like Owl Practice can streamline progress notes, scheduling, billing, and more, helping you focus on what matters most — your clients.

The Risks of Using Peer-to-Peer Payment Apps Between Mental Health Professionals and Clients

Learn why peer-to-peer payment apps pose risks for therapists. Explore privacy, security, and compliance concerns, plus discover safer alternatives for protecting your practice and client confidentiality.

Celebrating Women Leaders in Psychology: Past and Present

In honor of International Women's Day, we celebrate remarkable women psychologists, therapists, and researchers who have transformed the field of psychology. These trailblazers have reshaped practices, advocated for equality, and deepened our understanding of mental health. Discover their inspiring stories and lasting impacts on the world of psychology.

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How to Transition To a Private Pay Therapy Practice

Transitioning to a private pay therapy practice is a big step, allowing therapists to focus on client care without the complexities of insurance. From clarifying motivations to creating strategic policies and marketing, there are key steps to ensure a smooth shift. Here’s a guide to help you navigate the journey and make informed choices for a sustainable, client-centered practice.

The Benefits of Client Portal Card Entry for Therapists and Clients

Streamline payments and reduce administrative stress with client portal card entry. This feature enables clients to securely store payment info, facilitating quick, hassle-free transactions for future sessions. Discover how client portal card entry benefits both therapists and clients, improving cash flow, ensuring data security, and enhancing the overall therapeutic experience.

How Therapists Can Save Time with Automatic Payments in an EHR System

Discover how therapists can streamline billing and save hours every week with automatic payment features in an EHR system like Owl Practice. From reducing manual invoicing to improving cash flow, learn how automating payments can enhance your practice's efficiency and give you more time to focus on your clients.

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