Mental Health Payment Performance Improves by 11.5 Points: 2020 vs 2021

The Comparison

Here's a direct comparison of payment performance within the mental health and psychology sector:

• 2020: Three companies were assessed, yielding an average payment score of 59.0 out of 100.
• 2021: The assessment expanded to include four companies, resulting in an improved average payment score of 70.5 out of 100.

What This Means

The data demonstrates a notable increase in payment performance within the sector. While the sample size is small, the 11.5-point improvement suggests a potentially positive shift in financial practices or client payment behavior, or improved collection strategies. Use our late payment calculator to see the impact of late payments on your mental health practice.

In 2020, the average score for three companies was 59.0/100, which improved to 70.5/100 for four companies in 2021.