Psych NP Private Practice Success: How Alysha went from $350 to $1,000 INTAKES

If you're a psych NP, or even just an NP interested in private practice, this video interview is for you. I recently had the opportunity to sit down with Alysha Woods, a psychiatric nurse practitioner in my career mentorship program who started her cash-only private practice 2 years ago and is crushing it.
She’s one of my favorite case studies to highlight for psych NPs, and proves that having the skill set to treat patients above the standard of care, and the ability to market yourself, far outweighs the letter credentials that come after your name.
In this video we talk about how she did it including,
1) Discovering her worth and charging high fees - the fee setting strategies she used to go from $350 to $1,000 for an intake (AND how she influenced her collaborating MD to increase her prices too)
2) Offering integrative approaches in her treatment plans - the integrative psychiatry and clinical knowledge she’s learned in the program, how she applies that with her patients today, and how this transformed her practice
3) The employee mindset vs. the entrepreneurial mindset - the mindset and perspective shift she experienced becoming an entrepreneur, and how that influenced how she invests in herself and her business
4) The value of belonging to an egalitarian group of doctors and NPs - the impact of having a positive, non-judgemental space to bounce ideas off of each other, support each other, and grow together
5) Possibilities of the future - the friendships, referrals, and future business opportunities that have been gained from belonging to The Build Your Dream Practice program.
RESOURCES
If you’re a psychiatrist or psychiatric nurse practitioner looking to learn integrative psychiatry and start your own private practice, check out my free 6-step mini-course and community of over 1,000 psychiatric providers. If you want to learn how to offer a level of patient care that goes above and beyond what exists in our current healthcare system, this community is tailor-made for you.
Join Dream Practice School for free here: www.skool.com/dream-practice-...
Learn more about Alysha's psychiatric case supervision group (EXCLUSIVELY for psych NPs) here: motivated-builder-2407.ck.pag...

[@effinj9353]

Transitioning from a Mental health therapist to a RN to eventually become a PMHNP. This is awesome.

[@thepsychiatrymentor]

Psych NPs, I see you! I hope you enjoyed my interview with Alysha -- she is an amazing provider and resource for NPs who are looking for a supportive mentor to help with case supervision. You can learn more about her inclusive group for both students and practicing NPs here: www.google.com/url?q=motivated-builder-2407.ck.page/4f548f52eb&sa=D&source=docs&ust=1681840122282228&usg=AOvVaw3tEZ4b2ZZhCYx1cKJOstTu

[@nasciagraham1122]

Hello, how can I connect?

[@torritaylor-spencer3101]

This is absolutely amazing! I am a Psych NP in SoCal and you two together are such an inspiration! Thank you 🙏🏾

[@Jessica_PMHNP]

I’ll definitely be interested in doing this! I am currently in school to become a Psychiatric mental health nurse practitioner! So so excited and so blessed!

[@nattashakole6518]

This is it!! I have been wanting to incorporate holistic care into NP. Im about to enroll in an NP program.

[@anthonymarcaida8907]

I am currently a LA based Psych NP with 8 months of practice. Looking forward to connect with you and your mentorship in the future once I gain more experience.

[@Slova99]

This was amazing! I’m currently a PMHNP student and I’m so glad I found your channel! Definitely want to sign up in your mentorship group.

[@thepsychiatrymentor]

Hi there! You should check out this page to learn more about my program: my.zenpsychiatry.com/build-your-dream-practice-youtube-organic

[@samanthawise8745]

Having a child who is a patient of one of these women on camera here, we pay her JUST to write prescription- costs us 600+ for a 5 min mtg. Unfortunately it’s really hard to find good mental health with in the health insurance industry. I feel like we as the patients have a gun held to our heads if we want to be mentally healthy- this approach will only allow the rich to be mentally stable. Please note your patients are watching this

[@TashaPsychNP]

Wow! Thank you ❤❤❤

[@thepsychiatrymentor]

You’re so welcome!

[@addymonger737]

@@thepsychiatrymentor I am a psychNP. I am interested in your program. I live in Texas

[@thepsychiatrymentor]

Hi there,@@addymonger737! You can learn more about my program on this page: my.zenpsychiatry.com/build-your-dream-practice-youtube-organic

[@dountoothers]

(A DHA/EPA supplement made from algae is a good cruelty free and contaminant free alternative to fish oil.)

[@rae7269]

How do we get patients as a NP private practice?

[@BishimDeja]

Hello. For the 1k is that charged to clients or to another business. Like is she charging a mental health facility that to do intakes for them?

[@KevinJ-o9c]

I thought PMHNP weren't allowed to own private practices in the State of CA. I must be ignorant towards the facts. Im in RN school rn, and have an interest in psych. Awesome interview!

[@thepsychiatrymentor]

Yes, PMHNPs can have their own private practices in CA! The rules and regulations vary state-by-state and are subject to change. Most states require a set amount of collaborative hours with a physician before they can practice solo. This is a great resource for the specific rules state-by-state: www.aanp.org/ Good luck with the rest of your training!

[@KevinJ-o9c]

@@thepsychiatrymentor thank you so much! I appreciate the resource and response, I will be in contact with you in the near future, when the time is right 👍.

[@NursetalkwithSheka]

Can we get some other areas on? Anything is possible in LA lol

[@julias9244]

Agreed. How about a PMHNP practice focusing on maternal mental health. Please chime in and let me know if that is feasible

[@charissefullwood8843]

How do I take her course

[@thepsychiatrymentor]

Hi Charisse! You can learn more about my mentorship program here (all you need to do is enter your email and you will receive all the details about applying directly to your inbox ✉) : my.zenpsychiatry.com/build-your-dream-practice-youtube-organic

[@tvm-growthisunlimited9023]

Do you help psychotherapists also?

[@kadicis]

Can PMHNP students join the group ?

[@thepsychiatrymentor]

Yes, definitely!

[@MultiSmart12]

Is it true you can’t start your own practice if you live in Texas?

[@traceelucas2308]

That’s not true. There are a lot of Psych NPs with their own private practice in Texas. I am in Texas and personally know 3. You do have to have a collaborating MD. This will be a cost-usually monthly

[@alexandrachampagnetaylor4453]

how much Psych NP experience did you have before you went private practice?

[@DPO770]

You don't need any experience. Just throw fake diagnoses from the DSM at people. Promote dysfunctionality with all cost. Bill the gullible peoples insurance and make your note and smile home. No labs works just subjective diagnoses and you're good😅.

[@soulspurposeme]

I’d love to join your ranks.

[@Tallgoddessnicki]

$1000 for an evaluation? maybe the cal market is way different cause the rest of the US is not paying that put of pocket. I'd hope she review what dx codes or specific therapies she's providing to ger to that #

[@thehelm658]

Trust me- they will be getting sued lolol. SMFH.

[@toughsuga2]

👏🏾

[@aprillindsey6526]

What is the cost for your program fellowship?

[@thepsychiatrymentor]

Thank you for your interest in the program! You can go to this page and enter your email to receive all the program details (including what it includes, how much it costs, and how to get started): my.zenpsychiatry.com/integrative-psychiatry-private-practice-webinar-organic

[@BishimDeja]

My friend got a quote she said it’s different levels. Anywhere from 11k- close to 20k but she has payment plants. Not bad if your annual salary literally doubles because of the training

[@Pahlevuni]

So she makes around $400K a year as a psych NP, after taking the course? That is pretty awesome.

[@thepsychiatrymentor]

It is awesome indeed!

[@Pahlevuni]

@@thepsychiatrymentor I'm a US M.D. who finished a prelim year in IM, was aiming for dermatology but thinking of going for psych which is another passion of mine. If at-home private practice with a paycheck of 300-400k is possible, it seems like a no-brainer to me. I wonder why other psychiatrists don't make this life hack?

[@MeleeAgain14]

$1k for a PMHNP intake is criminal. MDs don't charge that.

[@thehelm658]

And trust me eventually most of them will get sued. I am a NP and also so Legal Medical Consulting work. Alot of people do it for the money and I always tell them if you want to do something for money- DO NOT GO INTO HEALTHCARE! I cant tell you how much it burns my soul to see a shitty psych medication combination. They need for mandatory and longer training for anyone who claims they want to go into mental aspects of healthcare!

[@MoTown2Go]

It's $1,000 for intake into an Integrative Practice. Listen carefully to the discussion regarding your very point. This type of practice is not for everyone, nor does it seem to be marketed to everyone. I don't see what is criminal about it.

[@MeleeAgain14]

I listened carefully. We go into medicine to help people; not rip them off. Slapping "integrative" behind your name doesn't mean you're providing a superior level of care that warrants a fee like that. It's a vague marketing buzz word. @@MoTown2Go

[@amandalangworthy7162]

Who exactly will be suing them? She has a cash practice so she's not billing their insurance, from what I understood.

[@MeleeAgain14]

The patients whose psychoactive medications they mismanage? There are side effects of these drugs that interact with other medications; they can cause heart attacks or seizures or all kinds of adverse effects if taken or prescribed improperly & someone who is largely in this as a cash cow is likely to not be as meticulous in their patient care. Or even if they attempt to be and think they are being cautious; psychiatric NPs do not receive the same in-depth training as a psychiatrist who goes to medical school for four years and then does a four year psychiatry residency.@@amandalangworthy7162

[@1000ramd]

Equals??? 😂😂😂