Still have questions? We’ve got answers. Browse our FAQs to learn more about memberships, hourly office rentals, virtual office services, directory listings, booking policies, and everything TherapyHive offers to support your practice.
This is not a simple answer to this question and it depends on many factors. Generally speaking, pay from insurance panels can be 50-70% less than private pay fees. It’s best to know how much money you need to make and how much time you have available. If you have other commitments and are only available for a few hours a week and can afford to grow slowly, you might not want to go on a panel. If you have a lot of free spots on your calendar and can afford to not make as much money, going on panels might be better for you. Some therapists focus on specializing their practice which allows them to stand out and support not taking insurance. If you decide to get on insurance panels, choose them wisely and make sure you review the contract thoroughly. Be sure you understand the exit clauses, including clinical ramifications with your clients should you decide to discontinue.
Good luck in building your private practice.
It’s common to make mistakes when you are starting out. Some are more practical mistakes which include underestimating expenses, not charging enough or not having the flexibility in your schedule to take on new referrals. Other clinical mistakes can include not getting enough clinical supervision on difficult cases or not referring out to the right colleague when appropriate. Don’t be afraid to refer cases to others if you do not feel confident. It’s ethical and is also a way to build your cross referral network.
Most therapists start with referrals from other colleagues, Psychology Today profiles, networking, and insurance panels. Building a consistent online presence and referral network is key in the early stages. Some therapists have a clinical specialty and market their unique skills online to build a niche practice.
Yes, many therapists in New York can work from home if they meet licensing, privacy, and confidentiality requirements. While every license has differing requirements many require that you are licensed in the state where your client is sitting. However, some clinicians and patients prefer in-person office space for client care, professionalism, and work-life separation. Again, depending on licensing standards some practitioners are required to see patients in an office, in-person from time to time.
The number of clients needed depends on your rate, office cost and your need for consistency. A part-time office (i.e., one day per week) is often used for therapists with a consistent caseload of 3-5 clients per week. It gives you the guarantee you will be in the same office every week for the duration of your lease. Most likely, this arrangement can comfortably cover part-time office space and other overhead expenses. If flexibility is more important than consistency, then a month to month membership like TherapyHive’s Bumblebee or Honeybee plan gives you hourly access only when you need it. This can reduce financial pressure during the early growth stage.
After location, there are some key factors to keep in mind when it comes to finding the right therapy office. First, privacy and security are essential. Is the building and the suite safe? Does the office have adequate soundproofing? Does the office look professional, comfortable and clean? If it’s furnished, is the furniture in good condition? Do you like the style and would your patients feel comfortable? What are the shared amenities such as a kitchen, bathroom? Can you control the temperature and lighting in your office? What are the hours of the building? Is there an opportunity to meet other colleagues and network? TherapyHive focuses on providing a tasteful and professional space that offers flexible, fully-furnished offices designed specifically for mental health professionals
A virtual office provides a professional business address without having to secure a physical office. Yes, you most likely will need a professional address if you are working exclusively virtual. Therapists often use a virtual office as a professional mailing address for licensing, insurance credentialing, and client-facing materials and SEO reasons. It is especially useful for clinicians who primarily work remotely but still need a professional NYC presence. TherapyHive’s virtual address is HIPAA compliant and forwards your mail on a monthly basis via USPS.
The best location depends on what works best for you. Some therapists chose a location that is best for their commute. While others look for an office that is convenient for their patients. Popular NYC neighborhoods for therapy practices include Flatiron, Midtown, Union Square, and other central Manhattan locations due to accessibility and client convenience. TherapyHive’s location on 5th Avenue in the Flatiron across from leafy Madison Square Park makes it an ideal spot and places therapists in one of the city’s most established professional hubs surrounded by a ton of restaurants and cafes.
Most therapists transition gradually by starting gradually with a part-time private practice while still employed full-time. Over time, they increase their caseload and reduce agency hours. Flexible office spaces like TherapyHive make this transition easier by offering hourly and part-time office space.
With TherapyHive, you join the membership that is right for you -either a Honeybee or Bumblebee plan allows you to book your office hours you need. You pay for what you use. Honeybee plan includes a virtual office with monthly mail forwarding. Bumblebee plan is exclusively for office access and doesn’t include a professional mailing address.
Choosing between part-time vs. full-time therapy office space is one of the most important financial decisions you will make in private practice. Part-time work is best when your caseload is still growing or your schedule is split. Full-time fits therapists with steady, high-volume client loads.
You have your license, your notes system, and a clear clinical vision. The one thing standing between you and a full caseload is space. But when you start looking at office options in New York City, many landlords require long-term commitments, deposits, and upfront costs.
New York City is one of the most expensive places in the world to run any kind of business. Therapy practices have costs that other businesses do not. Licensing, insurance, HIPAA compliance, clinical space, and marketing all add up before you earn your first dollar in private practice.
Yes. Hourly offices are available exclusively to Bumblebee and Honeybee members. Membership ensures verified professionals use the space, ensuring privacy and professionalism in the suite. The Bumblebee Plan (19/mo) and Honeybee Plan ($149/mo) both give you access to booking our hourly offices. The Honeybee Plan includes a virtual membership plus membership to The Hive. The Bumblebee Plan includes membership to The Hive.
It does not. The Hive Membership provides a public-facing listing in the directory and Discussion Forum for therapists but no access to offices. If you would like to book an office, you can change your plan to Bumblebee Plan ($49) that includes The Hive and gives you access to hourly office bookings.
Your membership includes a public-facing personal profile on The Hive directory where potential clients can find you and access to the therapist-only Discussion Forum. Search Therapist-to-therapist services to find your own support and an opportunity to list your services to other therapists and clients.
We have windowed and interior offices available. Nobody has had trouble with their booking so we have enough to meet the demand. Windowed offices book more quickly. A week out is usually good – but this all depends on the demand which varies.
If you are a Bumblebee (19/month) or Honeybee ($149/month) member, you can book an office up to 60 minutes before your start time. If you do not have an active membership plan, you will need to create an account, enter your license info and then book an office. You can book an office up to 2 months in advance.
We have two membership plans exclusively for therapists who do not need access to an office. The Carpenter Bee Membership ($99/month) is best for fully remote or telehealth-only practitioners. It provides a HIPAA compliant professional 5th Avenue, New York City business address, monthly mail forwarding, and a listing in The Hive directory. The Hive ($29/mo) is a professional directory designed by a therapist to help other therapists grow their practice and connect with colleagues. Your public-facing profile is available to potential clients and you have access to a therapist-only Discussion Board for networking and cross referrals.
We offer flexible workspace options—including full-time, dedicated part-time, and hourly office rentals—at a prestigious 5th Avenue address. The Honeybee Plan ($149/month) and the BumbleBee plan (19/month) provide access to hourly offices and include a listing in the Hive Directory. The Honeybee also includes a virtual office with mail forwarding.
Yes! The Honeybee Membership plan is compliant with DEA and state registration requirements. The plan includes access to hourly offices, a virtual office address (with monthly HIPAA-compliant mail forwarding) and a profile listing on The Hive directory.