Solo vs Group Psychiatric Private Practice. Which is Better?

Solo vs Group Psychiatric Private Practice. Which is Better?

In Episode 9 of our Private Practice Series, I discuss my opinions on having a solo vs group psychiatric private practice.

I go over my thoughts and why i believe my choice of staying solo is better.

Hope you enjoy 😊

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[alexwalter]

Nice video 🥰🥰🥳your video is so cool, honestly psychiatric test is such a difficult test man, really don’t know what to do but I’m never losing hope.

[MyPMHNPJourney]

I agree with all of your reasons for solo practices, however, I am concerned about the asset value of a solo practice. I am older than you, so one of my main goals in private practice is to create an asset that I can either sell to another PMHNP down the line or maintain an interest and receive income after I retire. What are your thoughts regarding the valuation of a solo vs group practice?

[baw]

One reason I am hesitant about going into private practice is because health insurance (and other benefits) do not come along with it. Any advice on this?

[marionlyleslewis]

Hello, I’m a new PMHNP.. my first contract just ended. I worked as an Registered nurse for over 20 years.. As a new PMHNP it’s challenging to go through the credentialing process, but I was wondering how can I start my own business and get licensed in other states

[marthagonzalez]

I enjoy your video content. I am so glad I found your channel. I am interested in taking the PMHNP program. I am an experienced med surg RN with MSN in Public Health. I used to like helping patients at the Bedside . However I feel that tje chronic problem of nursing shortage is wearing me out.
I think that the PMHNP can provide a steady income doing what I love. Helping patients.
I have a question. After getting my license should I get into group practice for a couple of years? Or go solo immediately after getting my license.?

[eunicemwaura]

How long did it take you to build your patient caseload when you went solo? I just launched a solo telehealth PP in TX and want to market and grow my practice .TIA

[baw]

The owner of a large therapy practice is wanting me to be there first ever med provider. There are 25 therapists and I would be the only nurse practitioner. 1099 contract worker. What do you think?

[SuntaX]

Where can I find group private practice? I am having a hard time finding in my area :(

[DPO]

Psychiatric diagnoses can't be scientifically proven. It's pure hustle.