Leading Stories, Articles

March 8th, 2019

Closing a practice requires thoughtful planning

By Catherine Robertson Souter

Shuttering a psychological practice is not a step to be taken lightly. It’s not like one can simply hang a “Closed” sign on the door and turn off the lights. In reality, there are many issues to be taken into consideration, including the ethical, legal, financial, and practical aspects of ending relationships with patients, colleagues, insurance companies, and even with landlords and other vendors. Then there is the question of what comes next, both personally and for your business. Should it be closed or sold? How do you help patients finish their therapy or move on to another therapist? Can [More]