A professional healthcare or business practice owned and operated by an individual practitioner or a group of practitioners, typically offering services directly to clients or patients.

Independent Contractor:

A practitioner who works for themselves rather than as an employee of a larger organization, often seen in private practice settings.

Fee-for-Service:

A payment model in private practice where practitioners charge a fee for each service provided, and clients or patients pay for each session or treatment separately.

Client-Centered Care:

A healthcare approach in private practice that prioritizes individualized and collaborative care, focusing on the unique needs and preferences of each client or patient.

Practice Management Software:

Digital tools and software used by private practitioners to streamline administrative tasks, schedule appointments, manage billing, and maintain client records.

Credentialing:

The process by which private practitioners obtain and maintain professional credentials, licenses, and certifications required to practice in their field.

Referral Network:

A system of relationships with other healthcare professionals or services that private practitioners develop to refer clients or patients to specialists or complementary services.

Business Plan:

A comprehensive document outlining the goals, strategies, and financial projections for a private practice, serving as a roadmap for success.

Client Engagement:

The active involvement and collaboration between private practitioners and clients or patients, emphasizing communication and shared decision-making in the treatment process.

Niche Practice:

A specialized area of focus within a private practice, catering to a specific client population or addressing particular health concerns.