How to Fit in Time for Self-Care as a Wellness Professional

Dear Dangerously in Love with Your Finances, My husband and I recently purchased a medical building to open a psychiatry and therapy services practice in Columbus, OH. My husband is a marriage and family therapist, and I am a child and adolescent psychiatrist. Together, we plan to hire other behavioral health specialists to provide holistic … Read more

How to Develop a Healthcare Inventory Management System

Dear Dangerously in Love with Your Finances, I am the owner of a Seattle alternative medicine practice. I employ myself (a naturopathic doctor), one medical assistant, and one patient coordinator. Not only do we provide medical services, we also sell supplements. The inventory of supplements has been an issue; usually, patients leave with 3-4 bottles … Read more

3 Tips for How to Survive Inflation

Dear Dangerously in Love With Your Finances, We are a dance and wellness studio that has been in business in Columbus, Ohio, for the past five years. The studio is located in the building that we own. Over the past few months, we have begun to witness increased enrollment. Like many small businesses, our enrollment … Read more

Uncollectible Revenue

uncollectible revenue

Dear Dangerously in Love With Your Finances, We are a 3 year-old, insurance-based naturopathic family medicine practice located in Oregon.¬†Our staff includes an office manager, a medical assistant, and me. We also have an outside medical billing service taking care of our billing. We have quite a large dollar amount of billing – in my … 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