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How Much Does it Cost to Start a Private Practice?

Samantha Silverman, MSW, LCSW

December 31, 2021

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Question

How much does it cost to start a private practice? 

Answer

The most important thing initially when starting out, I believe, is to be HIPAA compliant. Having a VOIP or some kind of phone software is important, and it is necessary to have money to cover that monthly cost. 

Start-up costs are also dependent on if you want to rent an office space or have a virtual practice. If you are renting an office space, it could be easily a thousand dollars a month. However, if you are starting out virtually, you do not have to pay for rent and you may only need a couple hundred dollars to cover the HIPAA compliance software such as a VOIP or an electronic health record database. 

Therefore, I would say depending on if you want to be virtual or have an office space, start-up cost can range anywhere from $200-1,000 a month. It is important to note that you can start small and not pay initially for many items that you want to eventually incorporate into your practice.

For more information on starting a private practice and for private practice consultation contact Samantha Silverman at samathasilverman@outlook.com.

 

For CE Course presented by Samantha Silverman, MSW, LCSW see Achieving Post Traumatic Growth on Social Work at Continued. 


samantha silverman

Samantha Silverman, MSW, LCSW

Samantha Silverman is the owner of Silver Linings Counseling, a group practice located in Denver, Colorado.  Prior to Silver Linings Counseling, Samantha worked extensively with Holocaust Survivors at a non-profit agency.  Samantha used to work in the World Trade Center and is a survivor of the terrorist attacks on 9/11.  Due to her personal and professional experiences, Samantha undertook her own journey towards growth in the aftermath of trauma.  Through psychoeducation and counseling interventions, Samantha hopes to help others achieve post-traumatic growth.


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