Tools I recommend
Banking that makes managing your money easier
Using Relay makes it easy to set up the multiple bank accounts you may need to intentionally manage your money, without adding a lot of extra administrative work.
It works especially well with Profit First because you can create separate accounts for things like profit, taxes, owner pay, and operating expenses, then automate transfers between them.
I also like that Relay connects with your accounting software, makes ACH payments easy, and allows you to securely add team members. It’s the bank I use for my own business and the one I recommend to my clients.
Check out their page here, and use my referral link to open your first account in less than 10 minutes. Really!
Know what's happening inside your group practice
PracticeVital automatically pulls data from your EHR and turns it into the information you need to understand how your practice is actually performing.
See what's happening across your practice and by clinician, including sessions, utilization, revenue, cancellations, retention, rebooking, caseloads, and more. You can see trends over time without manually pulling numbers or piecing together spreadsheets.
I recommend PracticeVital because it gives group practice owners information they can actually use when thinking about staffing, clinician goals, capacity, revenue, retention, and where the practice needs attention.
Check out the video to see how it works, and use my referral code below to get a discount.
Referral code: PV-AndreaR5060
My favorite EHR
SimplePractice gives you the tools to manage the day-to-day of your practice, from scheduling and documentation to billing and client payments.
I especially like that you can keep your practice's billing and payments connected to the same system you use to manage your clients. It can reduce the administrative work involved in keeping track of payments and keeps client information separate from your accounting records.
If you're looking for an EHR, this is the one I recommend most often.
Use my link to sign up and you'll receive an extended 60-day free trial (vs. signing up directly through their website).
When I met Tal, the CEO of Berries, I knew this was something my clients would appreciate. Berries makes documentation easier by turning your sessions into structured notes you can review and edit before adding them to your EHR.
I learned about their mission and how therapists are using Berries to make documentation a more manageable part of their workflow, and I wanted to make it available to my clients too.
Use my code ANDREA50 to get 50% off your first month.
Profit First App
If you’re using Profit First (or thinking about it), this is the tool I recommend to make the system easier to manage and keep up with.
The Profit First App helps you track your allocations, stay consistent with your percentages, and see where your money is going without relying on spreadsheets or guesswork.
If you want to make Profit First simpler and easier to keep up with, you can check it out using my referral link below.https://profitfirstapp.com/?via=andrea
HoneyBook is a great option if you offer coaching, consulting, or other client services and want to keep the business side organized. You can use it to manage leads, contracts, invoices, payments, scheduling, and more, all in one place.
I use HoneyBook for my own business, and it has made the process much easier for me and my clients.
Sign up with this link and get 30% off your subscription!
Heads up, I receive a commission if you purchase with some of the links on this page.
***Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank, Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.