64% of Private Practice Therapists Plan on Increasing Cash Pay Rates

Statistic Info

This statistic is indicative of the changing landscape of healthcare. Private practice therapists are recognizing that there are financial benefits to offering cash pay rates for services. By doing so, they can increase their patient base and be more competitive in the marketplace. Additionally, cash pay rates tend to be lower than those covered by insurance companies or government-funded programs, allowing private practice therapists to reduce overhead costs and increase their profits.

Author: Behavioral Health Business