Artwork for podcast Selling the Couch
358: Why I’m Going Back to Private Practice
22nd February 2024 • Selling the Couch • Melvin Varghese, PhD
00:00:00 00:36:49

Share Episode

Shownotes

I have big news! I’m going back into private practice! Don’t worry, though, because STC remains, and I’ll be adding 1-2 days of clinical work each week. In today’s session, I’m pulling back the curtain on my thought process as I’ve pondered this decision for quite a while. Do I have all the bits and pieces organized and figured out? The answer is NO, and that’s okay. I want to give you a glimpse into the messy middle of this decision and the three main reasons I have made this choice. 

You’ll Learn:

  • What my life was like when STC began in 2015 when I was working in a group practice
  • Why I feel a responsibility to provide mental health support in today’s world
  • Three reasons I feel drawn to private practice:
  • I genuinely miss clinical work.
  • The mental health landscape is changing like no other due to COVID-19, AI tools, and heavily financed mental health startups.
  • A “hub and spoke model” can keep things in perspective for me. 
  • How I’m structuring my “hub and spoke model” with a flagship offering as the “hub” and other offerings as “spokes”
  • Questions that I’m thinking about and weighing in my mind about private practice:
  • Is the insurance route or private pay route better?
  • Do I have a niche for private practice work?
  • How I’m confronting my fears about taking this new step
  • The hopes and dreams I have about stepping into a new phase

Resources:

Interested in becoming part of our affiliate program? Learn more at https://sellingthecouch.com/jointhehealthcasters  

Want to launch your online course?

Please check out our free 7-Day Course Creator Starter Kit For Therapists: https://sellingthecouch.com/coursekit

Mentioned in this episode:

Need Community Support? Join the Mastermind

If you are a seasoned therapist, and you are wanting to move from clinical to online course income, we actually have a specific mastermind for therapists who are doing this. We meet together to build and grow and scale our online courses. You can learn more about that mastermind over at https://sellingthecouch.com/mastermind.

Thrizer

Thrizer is a payment platform designed for private pay therapists, built to help clients automatically tap into their out-of-network benefits and save on therapy upfront. Thrizer can help instantly verify clients’ out-of-network benefits ahead of a client’s first session, so they get the transparency upfront on their out-of-pocket costs. When therapists charge their clients via Thrizer, an out-of-network claim is automatically submitted for them, so no need to deal with superbills. Best part? After meeting their deductible, clients have the option to just pay their co-insurance portion for sessions while Thrizer floats the rest of the therapist’s fee and waits for reimbursement on the client’s behalf, helping clients afford therapy upfront. Please visit sellingthecouch.com/thrizerand enter the promo code “STC” and receive waived fees for your first $2500 in charges.

Chapters

Video

More from YouTube