While private practice therapists continue to face significant reimbursement challenges from payers, as a whole, providers have increased their income over the last year. That’s according to Heard’s 2025 Financial State of Private Practice Report, which found that therapists earn significantly less from each session from insurance companies than from private pay. “Consistent with last […]
The financial stability of private therapy practices is increasingly precarious, with the majority of therapists reporting anxiety over the current economic climate. Almost 85% of private practice therapists are concerned about the economy impacting their practice in 2024, according to a survey conducted by mental health-focused accounting startup Heard. Despite these concerns, most therapists said […]
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