While business is booming for behavioral health practitioners, it can be difficult for independent ones to juggle demand with the everyday tasks of running a business, reports Behavioral Health Business.
Founded in 2018, New York-based Alma is on a mission to plug the gap. It works with practitioners to streamline business operations and grow their practices through in-person and virtual appointments. More than 4,000 providers nationwide use Alma, which thus far has raised $90.5 million
Often when practitioners render services, money is left on the table. In fact, it is estimated that less than 85% of what is owed to independent practitioners from commercial insurance is collected. The deficit is no small sum, considering that recent annual figures on mental health spending have it topping $225 billion. Read more.
