A colleague asked about hiring an LMSW, and I offer some thoughts about it. From the administrative 'kabuki' of payment flows to the choice between 1099s and W-2s, here is at least the start of an overview of what's involved in bringing someone on.
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I have an unusual preference, when it comes to payment by my patients: I prefer to be paid a flat fee, monthly, regardless of how many sessions take place.
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My cancellation policy is simple: regardless of whether we meet or not, my patients pay for every scheduled session.
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I raise fees regularly. Except when I don't.
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A few unstructured thoughts on various forms of payment
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Estimated taxes are easy.
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I like to match my level of commitment to my patients' levels of commitment.
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Can we talk about the fees we charge? I'm pretty sure we can....
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Is it ok to structure patient payments over time to (help them) manage their cash flow?
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A question about the forms of payment I accept, and my cancellation policies.