Ofer Zur, Ph.D. and Nola Nordmarken, M.A., state that the DSM is big business not only for its publisher, the American Psychiatric Association, but even more so for the psychopharmacological industry, which profits from the prescriptions written for the ever-increasing numbers of DSM disorders.
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    In this first of a series column, Jeffrey N. Younggren, Ph.D., says that the term risk management has almost become euphemistic in the today’s health care environment. Risk managers abound, risk management advice is everywhere and the term is applied to a broad range of professional activities. Contrary to the beliefs of many, however, a risk managed practice is not always an ethical practice.
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    Nancy Gordon Moore, Ph.D., executive director of the Kentucky Psychological Association is currently taking course work at the University of Louisville for an “Integrative MBA for Entrepreneurial Thinking” and chose to share some of her newfound profit-making tips with KPA members as well as readers of The National Psychologist.
    She states that psychologists in private practice have many decisions to make from a business perspective, yet receive no training in business skills during graduate school. One of the most difficult issues for many psychologists is the area of collections.
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