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Private practice revenue estimator

Adjust the inputs to see how visit volume, pricing, payer mix, and overhead shape what an independent psychiatry practice actually nets. Everything runs in your browser; nothing is sent anywhere.

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$0
Estimated net annual revenue, before income tax
$0
Gross collections per year
$0
Net per month
Where the gross goes

$0 blended revenue per completed visit · 0 completed visits per year · 35% overhead

What this isAn educational model, not a forecast. It ignores taxes, benefits, startup costs, bad debt, and the time it takes to fill a schedule. Real numbers vary widely by state, specialty, and payer contracts. Treat the output as a way to see how the levers interact, not as a projection for any specific practice. This is not financial advice.

How the math works

The estimator multiplies your visits per week by the weeks you work to get annual visit slots, then removes the no-show and cancellation share to get completed visits. It blends your cash and insurance rates by the payer mix you set, multiplies that blended rate by completed visits to get gross collections, and subtracts overhead to get net revenue before income tax.

The point isn't the exact number. It's what happens when you move a slider. Watch how much a small change in no-show rate or payer mix moves the net, and you'll understand why independent psychiatrists pay so much attention to both. For the reimbursement story behind these inputs, read cash-pay vs insurance.

Part of The Psychiatry Operating Room, shrinkiatry's map of the profession behind psychiatric care.

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Free printable references

  • CPT quick reference for outpatient psychiatry: Outpatient E/M levels, psychiatric diagnostic evaluations, psychotherapy stand-alones and add-ons, the modifiers you'll actually use, and telehealth notes. It's an educational overview, not billing advice.

From the Shrink Network Toolkit Library. Free to read, print, and share. Educational only, so verify against current AMA CPT, payer policy, and FDA labeling before you rely on it.

Sources

This tool is arithmetic on the numbers you enter. The defaults are illustrative, not benchmarks, and the output is an educational estimate rather than a forecast. If you want real benchmarks to check your inputs against, start with the sources below.

  1. MGMA DataDive Provider Compensation and Productivity data, for compensation and overhead benchmarks. https://www.mgma.com/datadive/provider-compensation
  2. US Bureau of Labor Statistics, Occupational Employment and Wage Statistics, Psychiatrists (29-1223). https://www.bls.gov/oes/current/oes291223.htm
  3. Medscape Psychiatrist Compensation Report. https://www.medscape.com/slideshow/2024-compensation-psychiatrist-6017345
  4. American Psychiatric Association, coding and reimbursement guidance. https://www.psychiatry.org/psychiatrists/practice/practice-management/coding-reimbursement-medicare-and-medicaid