Private Practice Planning for the Future of Mental Healthcare: An Interview with Maureen Werrbach

Jan 16, 2023

40:16

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Private Practice Planning for the Future of Mental Healthcare: An Interview with Maureen Werrbach

Curt and Katie interview Maureen Werrbach of the Group Practice Exchange on upcoming trends for mental healthcare. We talk about what is predicted, how to prepare your private practice for success in 2023, and how to plan for unexpected changes to our profession.

Transcripts for this episode will be available at mtsgpodcast.com!

An Interview with Maureen Werrbach, LCPC, The Group Practice Exchange

Maureen Werrbach established The Group Practice Exchange after starting her private practice, Urban Wellness, and growing it into successful group practices in various locations.

Spending countless hours researching how to start a private practice (the legal and procedural steps) and then so many more hours learning how to grow it into a group (again trying to figure out the appropriate steps), she remembers wishing there was a place that she could go, or a book that she could read, that would explain not only the steps it would take to launch a group practice, but also discuss topics that relate to group practice ownership.

A degree in the social service field doesn’t offer any training on the business side of running a group practice! Maureen learned through trial and error what works and what doesn’t in running a counseling group practice. She enjoys helping others reach their full potential and feel confident in running their business.

In this podcast episode, we talk about upcoming trends in Mental Health and what it means for your therapy practice

We reached out to our friend Maureen Werrbach of the Group Practice Exchange about where our field is moving and how we can plan for success.

The way therapy is provided and paid for will be changing

· Insurance: Fee for service versus value-based pricing

· Large tech companies and one-stop shops

· Ease of access and diminished costs via telehealth

What therapists can do to future-proof their practice

· Strong niche and branding

· Doing what we do best

· Addressing fees, profit margins, hiring

· Dedicate time to researching upcoming trends

· Diversifying offerings

· Determining the best fit for your business, your career, your employment

Special considerations for Group Practice Owners in 2023

· The concerns related to large group therapist mills taking employees

· Focus on people, culture, and innovation

· Intentionality related to values, mission, vision

· Avoiding divisiveness and conflict between employers and employees

· The importance of transparency and clarity on how you’ve set up your practice

· Pathways for employees to grow and creative employment opportunities

Resources for Modern Therapists mentioned in this Podcast Episode:

We’ve pulled together resources mentioned in this episode and put together some handy-dandy links. Please note that some of the links below may be affiliate links, so if you purchase after clicking below, we may get a little bit of cash in our pockets. We thank you in advance!

The Group Practice Exchange Membership

The Group Practice Exchange Facebook Group