Clinical Model for Providers
We are “private practice light.” I value giving all my colleagues full autonomy and flexibility. The duration of the sessions is up to you, how much or how little you want to work is up to you, blocking out and opening up time is up to you, take vacation when you wish (upwards of 7 weeks unpaid vacation per year but in effect is unlimited due to full control over your schedule with rolling average minimum of four clinical hours per week). I also value Great Oak as an Angel Investor where the true value is unlocking vitality in our clients, rather than prioritizing the financial. As such, I pay my providers generously above the market average and am fully transparent with what the practice collects and what is paid to you.
I plan to keep Great Oak Psychiatry in the Angel Investor lane for the duration of my life, and vow not to sell our shared harbor to private equity that might dilute our dynamic of healthy vitality over finances.
In terms of day-to-day practicing, we have the simultaneous flexibility of an in-network and out-of-network pathway for your clients. For those going through the in-network pathway, you have the voluntary option to coordinate with up to four mid-level providers whom you can send your stabilized clients for ongoing min/maxing/monitoring. If you choose to work with mid-level providers, you will receive 10% of any income they generate, effectively increasing your passive income up to 35-40% over time. For the out-of-network pathway, you will set your own fees, and the client will work solely with you. For patients in the out-of-network pathway, Great Oak will only collect its fee-for-service ration based off the in-network route; any surplus above that goes all to you.