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Why Therapists Shouldn’t Be Taught Business in Grad School

Why Therapists Shouldn’t Be Taught Business in Grad School

FromThe Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy


Why Therapists Shouldn’t Be Taught Business in Grad School

FromThe Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy

ratings:
Length:
39 minutes
Released:
Sep 5, 2022
Format:
Podcast episode

Description

Why Therapists Shouldn’t Be Taught Business in Grad School Curt and Katie debate whether graduate school programs for therapists should include business education. We look at the pros and cons for including business education for students, specifically identifying a mismatched developmental level, bloated curriculums, and underutilized career resources. We also look at the responsibility graduate schools have to their students to be employable or to be able to create a sustainable business.   Transcripts for this episode will be available at mtsgpodcast.com! In this podcast episode we talk about whether clinical grad programs should include business education We have seen marketing that highlights that business isn’t taught in grad school (and have done a lot of it ourselves). We discuss whether it actually should be included. What is already included in grad school for therapists? A large number of clinical courses required for graduation Career centers and other business resources may be available, but not used What career or business resources should therapists get through graduate school? Career centers with up-to-date relevant employment resources Potentially an optional class or workshop for how to run a business Why shouldn’t business education be added to clinical programs? “The timing of it just isn't right. Like, yeah, these are ideas that can be introduced, but the practicalities of it, in my experience, just aren't developmentally where a lot of grad students are… I don't think that [teaching someone to run a business] at a developmental time when people aren't capable for it or aren't ready for it – or legally not allowed to put those things in place – it just ends up being so far off that it's not a practical sort of training thing.” – Curt Widhalm Accreditation bodies don’t access for employability, so programs won’t focus their attention The increasing number of credits required to become a therapist Developmentally inappropriate timing for what therapists are able to do when they graduate What would business education look like if it were included in graduate programs? “I'm not ready to let the grad schools off the hook for their responsibility to students. I feel like they are responsible to students to adequately prepare them for the job.” – Katie Vernoy Potentially lackluster participation due to overwhelm The importance of introducing what clinicians will actually face Seminar versus a full course Orientation to job options and business basics Our Generous Sponsor for this episode of the Modern Therapist’s Survival Guide: Thrizer Thrizer is a new modern billing platform for therapists that was built on the belief that therapy should be accessible AND clinicians should earn what they are worth. Their platform automatically gets clients reimbursed by their insurance after every session. Just by billing your clients through Thrizer, you can potentially save them hundreds every month, with no extra work on your end. Every time you bill a client through Thrizer, an insurance claim is automatically generated and sent directly to the client's insurance. From there, Thrizer provides concierge support to ensure clients get their reimbursement quickly, directly into their bank account. By eliminating reimbursement by check, confusion around benefits, and obscurity with reimbursement status, they allow your clients to focus on what actually matters rather than worrying about their money. It is very quick to get set up and it works great in completement with EHR systems. Their team is super helpful and responsive, and the founder is actually a long-time therapy client who grew frustrated with his reimbursement times The best part is you don't need to give up your rate. They charge a standard 3% payment processing fee! Thrizer lets you become more accessible while remaining in complete control of your practice. A better experience for your clients during therapy means higher retention. Money won't be the re
Released:
Sep 5, 2022
Format:
Podcast episode

Titles in the series (100)

The Modern Therapist’s Survival Guide: Where Therapists Live, Breathe, and Practice as Human Beings It’s time to reimagine therapy and what it means to be a therapist. We are human beings who can now present ourselves as whole people, with authenticity, purpose, and connection. Especially now, when clinicians must develop a personal brand to market their private practices, and are connecting over social media, engaging in social activism, pushing back against mental health stigma, and facing a whole new style of entrepreneurship. To support you as a whole person, a business owner, and a therapist, your hosts, Curt Widhalm and Katie Vernoy talk about how to approach the role of therapist in the modern age.