Group Practice Percentage Cut

[BuckeyeLove]

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Hi All,
For any clinicians that have full or part time private practices, have any of you had experience working as a part of a group practice? If so, what was the percentage that you were required to pay them to be a part of the practice? Currently I'm on internship, but after fellowship I hope to get involved in forensic PP, and any advice at all would be much appreciated (or direction to a previous thread if this has already been discussed).

Peace 🙂

 

[erg923]

you're not paying them to be part of the practice. you are paying a percentage of your earnings to the practice for the overhead costs.

 

[edieb]

Hi All,
For any clinicians that have full or part time private practices, have any of you had experience working as a part of a group practice? If so, what was the percentage that you were required to pay them to be a part of the practice? Currently I'm on internship, but after fellowship I hope to get involved in forensic PP, and any advice at all would be much appreciated (or direction to a previous thread if this has already been discussed).

Peace 🙂

Standard psychologists in my practice give 30 percent and I give arund 50 percent. The practice does all the marketing, billing, reception, medical assistance, etc.

 

[Doctor Eliza]

My practice takes 50%. It's standard for my location, but I'm told it's bad for other places.