The needs of GPs have changed significantly in recent years with the introduction of the new GMS contract.
We understand the issues and pressures faced by GPs in the ever-changing world of general practice.
As part of our accounts production process we advise on practice profitability and discuss potential areas for new income streams or the development of current ones.
Due to the volatile nature of practice income, many practices face difficulties in understanding cash flow and how much can be taken as drawings. We are able to assist you in this area by providing drawings projections and assisting you in cash flow forecasting.
Our dedicated GP department works closely with practice managers, helping them develop their skills to ultimately improve the finance function of the GP surgery. We also have extensive experience in other service areas, including:
- assisting in financial planning and in decisions affecting the surgery.
- advising on matters relating to NHS pensions
- preparing annual GP superannuation certificates
- acting for locum GPs, the GP partners of the future, including setting up your business and advising on potential practices you may be invited to join.
To find out more about our services, please contact us.