12 Expenses to Know for Your Behavioral Health Business Plan

Dear Dangerously in Love with Your Finances, I am a marriage and family behavioral health therapist in Seattle Washington. After working at a behavioral health group practice for ten years, I decided to take a leap of faith, work for myself, and open my own practice. As a new business owner, I am eager and … Read more

Should I Outsource My Healthcare Accounting & Bookkeeping?

Dear Dangerously in Love with Your Finances, I am a Licensed Professional Counselor and Certified Group Psychotherapist in Lakewood, Texas, specializing in group therapy. I am having difficulty getting my bookkeeping and accounting in order. It is so much easier just looking the other way – out of sight, out of mind. I have never … Read more

Are you losing money in your mental health practice?

mental health practice

Dear Dangerously in Love with Your Finances, We are a mental health practice located in Dallas, Texas, with in-house counselors, psychologists, and psychiatrists on staff. I am one of three partners who acquired the mental health and counseling center two years ago. I recently started digging deep into the business finances and feel like something … Read more

Why Is My Net Income Different from My Bank Balance?

Dear Dangerously in Love with Your Finances, We are a private mental health practice located in Oklahoma City; we specialize in addiction to alcohol and drugs. Every month, as the owner, I review the profit and loss statement — it always shows a large profit. However, when I look at our business bank balance, the numbers tell a different story. Lately, … Read more