Cost of Doing Business for Outpatient Private Practice Behavioral Health

Project Description

Outpatient, office-based behavioral health clinicians often cite low reimbursement rates and high administrative burden as reasons for not participating in public and commercial insurance networks and only accepting self-paying clients, a financial barrier to treatment for many seeking mental health treatment. Understanding the costs associated with operating an outpatient private practice can help to realign reimbursement rates and decrease the need for private practitioners to rely on cash payments as the sole source of revenue.