Increasingly, licensed therapists are choosing to forego the added stresses of running a solo practice and instead electing to join a group practice. Joining a supportive group practice can help therapists establish a healthy work-life balance so they can focus on providing the best care for their clients.
When it comes to finding a home for your practice, keep in mind that not all group practices or companies will be the same in terms of their procedures, policies, values and culture.
Here are 5 important questions to ask in your search:
1. What is my earning potential in the first year of practice and how can it grow in the future?
Consider the factors that will impact your earning potential with a new company. How quickly will you be able to build your caseload? How do they determine your percentage of the fee split, and are there opportunities to increase your percentage over time? How successful are they at collecting payment from insurance companies?
GLPG employs time-tested and proprietary marketing strategies to generate high-volume referrals. We offer a competitive compensation structure with a variety of opportunities to increase your income. We provide full-cycle billing services on your behalf and collect at a 97% or better rate, so you can rest assured that you’ll get paid. Combined, these factors translate to high earning potential for GLPG therapists.
2. Will I need to do my own marketing, billing, insurance verification, or scheduling?
The quality of administrative services and support offered by each company will also vary.
Established companies like GLPG are able to generate a steady stream of referrals to help therapists build their practices quickly. GLPG also helps therapists get credentialed with as many insurance companies as possible to expand their pool of potential clients. GLPG offers a team of billing experts so therapists never have to worry about filing insurance claims – this all gets taken care of behind the scenes. Our support staff is prompt in responding to questions and requests from therapists and their clients alike.
In all, GLPG therapists feel supported and their clients receive quality care.
3. Can I see my clients online? Can I see my clients in person?
Some companies, such as large e-counseling platforms, only support online psychotherapy. Other companies, like smaller group practices, may focus primarily on in-person therapy and not offer a platform for supporting your online practice.
GLPG fully supports both online and in-person practices, and GLPG therapists are free to choose how they wish to see their clients: online, in-person, or both.
4. Are there opportunities to collaborate or consult with other clinicians?
Opportunities for collaboration and consultation is one of the most attractive benefits of joining a group practice. The GLPG network is made up of hundreds of licensed therapists with a wide variety of specializations and license types. Therapists have access to an intranet platform for communicating within the network, sharing and asking for resources and training opportunities, establishing consultation groups, finding supervision, referring clients, and more.
5. Is the company therapist owned and operated?
GLPG was formed in 2011 by a small group of therapists who shared a passion for helping others. GLPG is still therapist-owned and operated to ensure the highest level of care. This is not true of all therapy companies, and we believe it’s important.
GLPG believes in the power of therapy, and we pay attention to every detail in an effort to support the therapeutic relationship.
