Overview
The 25,300 mental health practitioners in the US diagnose and treat mental, emotional, and behavioral disorders and problems due to mental illness, alcohol and substance abuse, physical and emotional trauma, or stress. Practitioners include psychologists, counselors, therapists, social workers, and nurses. Practitioners may operate private or group practices or work within third-party facilities, such as hospitals, medical centers, substance abuse treatment centers, hospitals, and colleges.
Dependence on Third-Party Payers
Mental health practitioners are highly dependent on government programs and third-party insurers to pay for services.
Battling The Stigma
The stigma associated with mental health problems often discourages individuals from seeking help and can delay treatment.
Industry Financial Benchmarks
Here are typical financial statements for mental health practitioners.
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