The
7 Minute Rule
ANOTHER REASON TO CONSIDER
INTEGRITY
Step 1:
Be aware
that you can earn about $90/ hour when you provide
therapy as an independent, master's level therapist. This is equivalent to about $1.50 per minute.
Step
2: Determine how much time you will spend
doing administrative tasks for each client weekly, as well as the time it takes to gather
information to stay adequately informed.
Step 3: Determine what this time will “cost”
you since
these activities will take
you away from providing therapy.
-
Remember, you only earn money when you are providing therapy.
When you engage in administrative tasks, going to trainings, and searching
the internet, you are losing money.
Step
4: Determine what it would cost to have someone
else do your administrative tasks and research.
Step
5: Learn
the
"7 Minute Rule"
The
7 Minute Rule
A FORMULA TO REMEMBER
Integrity charges
12%
of what you earn from each client session, which is
about $10.80/hour (based on
$90/hour). This includes much
more than just billing. It includes most of the administrative tasks you will need to
perform as an independent therapist. If it takes you longer than 7 minutes per client each week to complete the tasks
performed by Integrity, you are losing money because you could be
providing therapy at $90 per hour instead of billing,
researching and performing administrative tasks. Once
you cross the “7 minute line", it's costing you more than $10.80/ hour in lost
earnings. Turning these
responsibilities over to Integrity will prevent lost earning opportunities and increase
your income potential.
The
formula: $10.80 / $1.50 =
7 minutes
If
administration and research are not your strengths, you will be much farther ahead emotionally, mentally, physically
and financially to leave these tasks to Integrity; where you'll find experience,
skill and the right tools!