TTP #65: What I Wish I Knew #5 – Testing is Expensive!

Would you rather read the transcript? Click here. I’ve been in so many meetings with other practitioners who say something like, “Wow, you must be making bank doing testing! It’s so lucrative, right?” Not exactly. Insurance doesn’t pay more for testing than therapy in many cases, and we’ve talked all about how you can lose money in a testing practice. Today I’m talking specifically about overhead for testing – something I didn’t fully respect when I first started out. Cool Things Mentioned in This Episode The Paperwork Packets! About Dr. Jeremy Sharp I’m a licensed psychologist and Clinical Director at the Colorado Center for Assessment & Counseling, a private practice that I founded in 2009 and grew to include nine licensed clinicians, three clinicians in training, and a full administrative staff. I earned my undergraduate degree in Experimental Psychology from the University of South Carolina before getting my Master’s and PhD in Counseling Psychology from Colorado State University. These days, I specialize in psychological and neuropsychological evaluation with kids and adolescents. As the host of the Testing Psychologist Podcast, I provide private practice consulting for psychologists and other mental health professionals who want to start or grow psychological testing services in their practices. I live in Fort Collins, Colorado with my wife (also a therapist) and two young kids. Ready to grow your testing services? Click below to schedule a complimentary 30-minute pre-consulting call! Schedule Your Call