Tangible vs Intangible Cost. The difference between tangible and intangible cost is often subtle but can have great consequences for a company. People sometimes look at tangible costs only overlooking or ignoring intangible costs for which they pay dearly later in life.
A second important distinction between the two careers is that psychiatrists can prescribe medications, while in most states psychologists cannot. However, there has been a recent push to grant prescribing powers to psychologists.
The providers listed below are those trained in different areas of mental health care: Psychiatrist - A licensed medical doctor who specializes in the diagnosis, treatment, and prevention of mental illnesses. They may work with you on everyday problems like stress or more complex issues like schizophrenia. Psychiatrists can prescribe medications.