๐Ÿ›Ž [TBB #112] Simplify your practice management


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Thank you to TBB Sponsors and Partners:

Simple Practice is an all-in-one practice management software for running a simpler business and delivering a great client experience. Get 2 months FREE with this link โ€‹


NOTES FROM THE EDITOR

Exclusive Interview

I first connected with Tory Krone on LinkedIn. Last week I had a chance to chat with her about her software Practice Vital which she co-founded with her husband and two other partners.

I wanted to ask Tory specific questions about the software and her own experience building it as a private practice owner.

Tory, you're the co-founder of Practice Vital. Can you describe what Practice Vital is and how it helps practice owners?

Sure! Practice Vital is the first and only automated dashboard designed specifically for group therapy practices. It pulls data from EHRs into a secure, web-based platform that updates daily.

By presenting key metrics in a way that's easy to understand, Practice Vital fosters a culture of accountability and provides data-driven coaching. Clinicians can easily monitor their performance, so they can catch and address any issues before they escalate.

In short, Practice Vital simplifies practice management, making data accessible and actionable, while improving efficiency, coaching, accountability, and financial decision-making.

Many practice owners are burned out right nowโ€“ thereโ€™s so much on our plates and weโ€™re overloaded. We are often running all aspects of the business while still doing direct clinical work. We feel scattered, and we could all benefit from an efficient system that is easy to use and makes life easier on us.

Our team cares deeply about easing the weight of practice management for practice owners and their leadership teams.

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And now to the news!

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NEWS, TRENDS & DATA

Voting against MDMA-assisted therapy

The panel of the FDAโ€™s Psychopharmacologic Drugs Advisory Committee voted against the use of MDMA to treat PTSD.

In a video, the founder and CEO of Terran Biosciences discusses what he learned from the panel's concerns.

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New from Alma: AI-powered notes

Alma, an insurance-based online directory has partnered with Upheal to offer its users a Generative AI-Powered Progress Notes tool.

Aimed to reduce therapists' burnout and enable their members to free up time spent writing progress notes, Alma is quickly becoming a one-stop shop for therapists.

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12 best AI writing tools

Copyblogger, a veteran in content marketing, has released a new in-depth article about the 12 best AI writing tools.

Each tool is categorized by pricing, ease of use, and main differentiations.

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Psychotherapy Robots

A factory in China is developing humanoid robots to be used in psychotherapy and counseling.

"It takes from two weeks to a month to produce a humanoid robot, with prices ranging from 1.5 million yuan (ยฃ162,000) to 2 million yuan."

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If you reached this sentence chances are you like this newsletter and I appreciate you for reading it!

That's why I feel comfortable asking you to leave a testimonial about this newsletter so more therapists can plan for the unpredictable and succeed in private practice.

Thank you for helping me spread the word!

Keep growing,

Avivit

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Whenever you're ready, here's how I can help you:

1. Work with me 1-on-1 to grow your therapy business.

2. Promote yourself to my subscribers by sponsoring this newsletter.

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Therapy Business Brief

Hi, I'm Avivit Fisher, the creator of Therapy Business Brief.I've been helping therapists fill their private pay caseloads since 2017. Every week, I link mental health industry updates, marketing, and private practice strategies, so you can uncover the opportunities for growing your practice.

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๐Ÿ’š Did someone share this newsletter with you? Subscribe here. THANK YOU TO OUR SPONSORS AND PARTNERS Get everything you need to build your best practice with Headway Accept insurance with ease, simplify claims,and manage an efficient practice โ€” all fromone platform. SIGN UP FOR FREE NOTES FROM THE EDITOR What I learned by promoting other people If you've read my recent emails, you probably saw that I had been promoting Amy Porterfield's Digital Course Academy. I did it because I've...

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