When you’re running a group practice, you may be working on creating a supportive space for clients and a meaningful workplace for clinicians. Somewhere along the way, many owners realize that one important question feels surprisingly hard to answer — how to get paid as a group practice owner. When you are responsible for clinicians, clients, and day-to-day decisions, paying yourself can feel confusing.
You are not alone in that tension. Many therapists step into ownership without much guidance. The good news is that Owl Practice can help, with easy billing that fits with the way to work.
How to Get Paid as a Group Practice Owner
As a group practice owner, you may need to pay suppliers, building owners, clinicians, utilities, and more. You need to make sure that you pay yourself, too. You want to honour your time and re-invest in yourself and your practice. You need to consider that you may have two types of work you may need to be compensated for:
- Clinical work reflects the sessions you personally provide.
- Ownership work reflects the time spent managing, supporting, and growing the practice.
Administrative complexity often makes owner pay feel harder than it needs to be. Keeping track of schedules, clinician activity, and practice-wide information across multiple systems is easier when you use Owl Practice.
Simplify Group Practice Management
Owl Practice management tools, designed for group practices, bring everything together in one place, offering clearer insight into how your practice operates day-to-day. That clarity makes decisions, including compensation decisions, feel less overwhelming.
In one platform, you can organize appointments and schedules, keep secure session notes, message clients, and more. When it’s time to bill, Owl Practice makes it easy with automated invoicing. Once a session is complete, invoices and receipts are sent automatically, and clients can pay directly within the system or through their preferred payment method.
With Owl Practice, your billing system is accessible 24/7, so you always have access to accurate financial reporting. Secure billing that is compliant with your province’s regulations makes it easier to stay on track. You can pay yourself and get documentation, making it easier to handle the financial side of ownership.
Pay Yourself With Owl Practice
Owl Practice brings you group practice solutions designed to support visibility and coordination, so you can lead with confidence, manage billing, and get paid. Our group practice features allow you to grow your practice while caring for your team and yourself. Try Owl Practice for yourself with a free trial.
