Mental Health And Psychology Payment Trends: 2021 vs 2022
Mental Health Payment Practices See Marginal Improvement: Average Score Rises by 1.4 Points
The Comparison
- 2021: 4 companies assessed, achieving an average payment practices score of 70.5 out of 100.
- 2022: 4 companies assessed, showing a slight increase to an average payment practices score of 71.9 out of 100.
What This Means
While the mental health and psychology sector demonstrates a positive direction in payment conduct, the 1.4-point increase signifies a marginal improvement between 2021 and 2022. This suggests there were no radical changes in the way these four companies managed their finances in that period. Businesses struggling with receiving payments on time can use our late payment calculator to assess the impact of delays.
One-line summary: Mental Health And Psychology firms improved their payment practice scores, but only slightly - 70.5 to 71.9 out of 100.