Financial Management

Using your social security number for your practice could put you at risk when the federal “Transparency in Coverage” rule takes effect. The rule seeks to make providers’ billing information publicly available.

With the growth of telehealth practice, more providers are using online payment services or mobile apps to collect payments from patients. Consider these factors before choosing an electronic payment processor for your practice.

Protecting cash flow and preventing internal fraud or theft are two critical issues for financial success and ensuring practice solvency.

A basic analysis of financial data helps you track the performance of your psychology practice and implement strategies for a sound financial future.

Tips for deciding whether to accept credit card payments from clients.

Simple steps can improve your finances and lower your tax bill. This article presents some basic ways to maximize tax deductions and shore up your finances for the coming year.

If you're scrambling to have your tax return completed by April 15, these tips may be helpful.

In working with clients who are unable to afford the services they need, psychologists sometimes consider reducing their fee on a "sliding scale" basis. Doing so may carry significant legal risk if not instituted correctly.