Having looked into building a business one recommendation I’ve come across is setting up an LLC first and then converting it to an S corp when you reach a certain $ of net profit (50k or higher).
You are welcome, Feel free to check out my community for free. It's a place where you can interact with me directly as well as with a biller and a marketing person. You can sign up here using code "FREEMONTH2" www.matthewryanlcsw.com/signup
But what kind of lawyer ? And what do you say to that lawyer for them to know what you need ? And is there a cost that you paid for the consultation and then for the forms?
Hi there. You want to speak to a lawyer who specializes in healthcare. Yes, there is typically a cost for the consultation (an hourly rate) and a separate cost for the packet. This will depend on the practice though. Also, here is a video about learning what to ask.... th-cam.com/video/saxxCEME6TE/w-d-xo.html
Thanks for the wonderful video, that was very helpful. Can I ask in regard to using square space if you pay for the personal membership of $16/month or the $23 business membership? Thanks in advance :)
You can look at places like PESI and Psychwire for some easy access CEU's but I also like to look at the agencies that certify folks. For example, BehavioralTech certifies DBT providers so I would look there.
Hi Nonlife. I have invested in a lot of camera equipment over the years, but I use a lot of it for the videos you are seeing. In the video, I am using a Sony A7iii and a Rode Video MicNTG. I used to use that for sessions as well, but recently have just been using the built in camera and mic on my Macbook
How much startup money would you recommend for a smaller sized home health private clinic with one primary therapist or two primary therapist and one or two therapy assistance?
It really depends. But your major expenses are going to be establishing a business entity and paying your employees. However, if you are a small solo practice, thats all virtual, you don't need too much only the cost of the softwares required.
When you say “HIPPA compliant form for communication” and “HIPPA compliant telehealth platform” etc, is that only pertaining to therapists in their own private practice that are paneled with insurance? Does this apply to private practice therapists that do not accept insurance and therefore out of network? Thanks!
Hi Carly, this is a great question and one that is actually may have some nuance to it. In order to determine if you need to be HIPAA compliant it is best to consult an attorney, but my understanding is that if you do not take insurance you may not be a HIPAA covered entity.
Hello I am a PMHNP student and am looking for a LCSW for clinical rotation for fall semester at WaldenUniversity. Can you suggest where I can find a preceptor?
I am not entirely sure. Does the school not provide a directory? If you are simply looking for a directory of LCSW where you can reach out, you can check ALMA
@@matthewryanLCSW The school provides potential candidates but when you find their info and contact them .. they have never heard of the preceptorship program.. I guess I should've checked into this before starting the program but I went in blind just trying to better myself
Hello! As a current 2nd year MSW student, is there a way I can get one started without an LSCW and just as a student, and then with my MSW after graduation? Thank you!
Hi Nic, Good question. Most of the softwares will have you sing a BAA (Business Associate Agreement) and this is where they detail how they use the PHI
Feel free to join my community. You can also have a free month if you would like. The code is "freemonth2". You can check it out here....www.matthewryanlcsw.com/signup
My biggest fear is actually getting clients. Advertising is the hardest and most expensive part in my opinion, and with out it the practice will fail or take a decade to grow.
Hi Mia. Yes a social worker can be a therapist. This is what I am. In NY, typically, a social worker will have a broader scope of practice than a counselor. I am not sure if this is true for every state though. In other words the social work degree tends to be a bit more versatile.
This depends on the state. I'm in Georgia and I am a Licensed Professional Counselor. In Georgia typically "for jobs" social workers get paid more than counselors. If you are doing private practice, however, it doesn't matter because you set your own fees...either way you can't go wrong!
As someone going this on their own, this video is very helpful. Thank you!
Fantastic. I am glad you found it helpful
That part that you cleaned your nose was the best and authentic part of the video 😅
Also bestttt energies to everyone here. Takes courage to step out on our own. 👏🏻
Concise, structured and manageable chunks. Top man
Awesome. Glad you found it helpful
This is exactly what I needed! Thank you!
Fantastic
Thanks so much, I’ll check him out. Really appreciate the quick reply!
Having looked into building a business one recommendation I’ve come across is setting up an LLC first and then converting it to an S corp when you reach a certain $ of net profit (50k or higher).
Thank you for listing and explaining all the parts in detail!
You are welcome
This was helpful, thank you for sharing.
Fantastic
Very helpful! Thank you
So glad it helped.
Helpful ❤
Fantastic
This was very helpful. Thank you!
Amazing!
Amazing, much appreciated!
You are welcome
I appreciate this video. I had been stuck with filing for a PLLC or an SCorp. You have made it a lot easier to understand. Thanks 🙌
I am so glad!
Thank you for the info!!
You are welcome, Feel free to check out my community for free. It's a place where you can interact with me directly as well as with a biller and a marketing person. You can sign up here using code "FREEMONTH2" www.matthewryanlcsw.com/signup
Thanks for being here.
Always welcome
Incredibly helpful! Thank you!!!
Fantastic
you mentioned captiol (sp?) serivces, I can't find them online...can you link me to them?
But what kind of lawyer ? And what do you say to that lawyer for them to know what you need ? And is there a cost that you paid for the consultation and then for the forms?
Hi there. You want to speak to a lawyer who specializes in healthcare. Yes, there is typically a cost for the consultation (an hourly rate) and a separate cost for the packet. This will depend on the practice though. Also, here is a video about learning what to ask.... th-cam.com/video/saxxCEME6TE/w-d-xo.html
hI thanku for all your guidance
You are welcome
Does simple practice have their own malpractice insurance?
@@paperbackbrookie6804 no. You need to get that
Thanks for the wonderful video, that was very helpful. Can I ask in regard to using square space if you pay for the personal membership of $16/month or the $23 business membership? Thanks in advance :)
I have the business membership
@@matthewryanLCSW thank you!
Do you know of any lawyers that specialize in small business/private practice therapy law?
Yep. Here you go. www.brucehillowe.com/
Thank you so much for this!! I wanted to ask, as a fledgeling LMSW, where do you go for CEU and any trackers you use?
You can look at places like PESI and Psychwire for some easy access CEU's but I also like to look at the agencies that certify folks. For example, BehavioralTech certifies DBT providers so I would look there.
I use NetCE. Very affordable and all credits and totals are saved right there for you!
Hi Matthew, thank you for in depth video.
What kind of camera and equipment did you invest in for your practice ?
I am a LCSW in DE.
Thank you!
Hi Nonlife. I have invested in a lot of camera equipment over the years, but I use a lot of it for the videos you are seeing. In the video, I am using a Sony A7iii and a Rode Video MicNTG. I used to use that for sessions as well, but recently have just been using the built in camera and mic on my Macbook
@@matthewryanLCSW I appreciate your prompt response!!!! THANK YOU!!!!
How much startup money would you recommend for a smaller sized home health private clinic with one primary therapist or two primary therapist and one or two therapy assistance?
It really depends. But your major expenses are going to be establishing a business entity and paying your employees. However, if you are a small solo practice, thats all virtual, you don't need too much only the cost of the softwares required.
Does Headway hanfje the intake forms?
I do believe they let you send intake packets, but I am not sure to what degree you can customize them
When you say “HIPPA compliant form for communication” and “HIPPA compliant telehealth platform” etc, is that only pertaining to therapists in their own private practice that are paneled with insurance? Does this apply to private practice therapists that do not accept insurance and therefore out of network? Thanks!
Hi Carly, this is a great question and one that is actually may have some nuance to it. In order to determine if you need to be HIPAA compliant it is best to consult an attorney, but my understanding is that if you do not take insurance you may not be a HIPAA covered entity.
Hello
I am a PMHNP student and am looking for a LCSW for clinical rotation for fall semester at WaldenUniversity. Can you suggest where I can find a preceptor?
I am not entirely sure. Does the school not provide a directory? If you are simply looking for a directory of LCSW where you can reach out, you can check ALMA
@@matthewryanLCSW
The school provides potential candidates but when you find their info and contact them .. they have never heard of the preceptorship program.. I guess I should've checked into this before starting the program but I went in blind just trying to better myself
@@ncp3077 Oh man. Yea i Have not heard of it either
Do you need to apply for business license first or get EIN number to start private practice as sole proprietor
If you are establishing an entity, you typically do that first, because you want the EIN to be attached to that entity
Hello! As a current 2nd year MSW student, is there a way I can get one started without an LSCW and just as a student, and then with my MSW after graduation? Thank you!
Check out number 6 on this website from NY State department of ed... www.op.nysed.gov/professions/licensed-master-social-worker/faq-licensure-practice
When you use software should you be aware that the software team has access to your patient's HPI?
Hi Nic, Good question. Most of the softwares will have you sing a BAA (Business Associate Agreement) and this is where they detail how they use the PHI
Can i get some help i wanna start my own mental health counciling
Feel free to join my community. You can also have a free month if you would like. The code is "freemonth2". You can check it out here....www.matthewryanlcsw.com/signup
My biggest fear is actually getting clients. Advertising is the hardest and most expensive part in my opinion, and with out it the practice will fail or take a decade to grow.
Yes this is one of the biggest challenges.
Yeah I hate advertising/marketing. I don’t like having social media just to get myself out there
Can I social worker be a therapist? Would you recommend Masters in SW or in Counseling? in order to become a Therapist.
Hi Mia. Yes a social worker can be a therapist. This is what I am. In NY, typically, a social worker will have a broader scope of practice than a counselor. I am not sure if this is true for every state though. In other words the social work degree tends to be a bit more versatile.
This depends on the state. I'm in Georgia and I am a Licensed Professional Counselor. In Georgia typically "for jobs" social workers get paid more than counselors. If you are doing private practice, however, it doesn't matter because you set your own fees...either way you can't go wrong!
hey dude, nice hair... bwahh ha
omg. how much waffling on can you do???? he operates on the principal of not saying 10 words when you can waste time by saying 600.
Very helpful. Thank you 👍
Amazing!