Are you overspending on billing and EHR services? In this Feelings and Finances episode, Linzy addresses how to determine if you’re paying too much for billing and EHR systems. Listener Sabra asks for advice on whether switching to a more affordable EHR system could help reduce costs in her group practice, and Linzy dives into the details of evaluating expenses, from billing services to credentialing.

Tune in to hear Linzy’s insights on calculating healthy operating expenses, outsourcing versus managing billing in-house, and the importance of protecting your time as a practice owner. Linzy references practical guidelines from the Profit First system to help you ensure your practice’s financial sustainability, and she shares about Julie Herres's book, Profit First for Therapists: A Simple Framework for Financial Freedom.

Listen in to hear actionable advice for practice owners looking to make informed, strategic financial decisions.

To hear Julie Herres talk with Linzy, check out episode 58: https://moneynutsandbolts.com/profit-first-for-therapists-with-julie-herres/

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15720

To watch a video version of this, check it out on YouTube: https://youtu.be/3KSB8yk_pl4

Have a question for Linzy?

You can easily submit your question directly to Linzy’s SpeakPipe inbox.

Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address. It will take you less than 2 minutes, promise!

Want to feel calm and in control of your finances? Connect with us!

Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts

Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/

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Want to work with Linzy?

Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!

https://moneynutsandbolts.com/masterclass-signup/

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