Hi, this is Dave Kats with Therapist Consultants and I have a tip for you.
Have you ever thought about being a supervisor? A lot of therapists become supervisors and it can be profitable and helpful to your profession in lots of different ways.
Let me give you an example. I have one therapist who has five interns that she supervises. They all work in her office, they all get their own patients, and she pays them just $25 per session. She collects anywhere from $75 to $100 a session.
I talked to her the other day and we did some calculations and she makes $3500 profit on those therapists, those interns that she’s supervising, every single month. I’m not saying that you have to do that; you can just do one at a time, but I want to explain to you how successful it is to have a person that you supervise.
It varies state by state. In most states, a supervisor will supervise someone for approximately three years until they get their hours and they’ll have a meeting with them approximately once a month and they’ll charge approximately the same price they do for a patient.
Three years, once a week is 150 times that you’re going to meet with that person. If you meet with your average patient 15 times, and you meet with your average intern 150 times, that means that every intern you sign up is like getting 10 brand new patients for your practice as far as revenue is concerned and as far as time spent.
I think you’ll have fun being a supervisor. It varies from state to state how hard it is to be a supervisor, but in most states, it’s not that hard. It’s paying for a certain amount for the seminar. In one state I know that they take a one-day seminar, they do studying for a month on their own, they read different articles, and they do another one-day seminar, and then they’re registered to become a supervisor.
It’s very easy to do. I think you should think about doing it. There’s so many different ways to do it. For instance, I have one person that she doesn’t pay the person anything but she does her supervision for free. When the intern brings in a patient, the doctor keeps – the therapist keeps all that money. The intern, she gives that supervisor, the supervisee, her supervising hours for free.
There’s lots of different ways to work it, but almost any way you work it, it going to be successful for you so why don't you think about becoming a supervisor? It’s a lot easier than it looks and you can make some good profit and help a lot of people along the way.
This is Dave Kats. Thanks for listening.
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