Developing a federated model of General Practice: Best Practice Conference
"In a moment of decision the best thing you can do is the right thing. The worst thing you can do is nothing.” Theodore Roosevelt, 26th President of the United States
Many thanks again to everyone who took time to speak with us at the Best Practice Conference. It was great to see so many people and to be involved with such a great event.
For those interested in forming a federation/provider company across General Practice, we have over 20 BLOG posts on the BW Medical Accountants website. All BLOGS have been written to provide further detail and insight as to why now might be the right time to federate, while also providing some useful hints and tips based upon our work nationally supporting the development of GP Federations / GP Provider Companies to deliver high quality patient outcomes with financially viable solutions.
Our support package includes expert consultancy advice from Scott McKenzie, specialist accountancy advice from Chartered Accountant Keith Taylor and specialist legal advice from Alison Oliver and her team at Ward Hadaway. Our unique service offering, ensures you have the best legal, accountancy and consultancy advice under one umbrella and we have the proven track record to demonstrate we deliver value for our clients!
We have created some useful guides, including '7 Steps to forming a federation, we also have over 20 blog posts and you can access these via our website or by joining the private LinkedIn Group we host called 'GP Federations'
At BW Medical Accountants we have a highly successful track record in establishing new federations and companies, and draw upon best practice utilising a number of unique approaches (capital on the basis of a loan is one of those).
The combination of a process-led approach, combined with strong implementation, secures excellent outcomes and income for our client base. Furthermore, within our team we have expertise in initial company formation, developing business cases, negotiating contracts (we now have subcontracts being signed between FTs and the Federations we work with, which could be adapted for your local circumstances), writing bids and tenders, reducing expenses for member practices, increasing income and providing regular hands on management.
If required we are also more than happy to provide access to our current federation client base should anyone want to speak with them about our work.
In our delivery we draw upon our management capability to ensure a smooth implementation, by matching our skills to the needs of the provider company. Additionally we are highly flexible and quick to respond to your needs, and can work to incredibly tight timescales to meet your deadlines. In Newcastle for instance we held the workshop on 3rd and 10th September and launched the company to the Practices on the 18th! (References are available)
Within the team we have expertise in initial company formation(please see attached), developing business cases, negotiating contracts, writing bids and tenders, reducing expenses for member practices, increasing income or providing regular hands on management.
"The real winners in life are the people who look at every situation with an expectation that they can make it work or make it better.” Barbara Pletcher, Author
For more information on how BW Medical Accountants can support you in forming a federation, or to arrange to speak to one of our experts please contact firstname.lastname@example.org or call 0191 653 1022. Additionally, if you should have questions for us please email email@example.com and we will do our best to answer these within the blog.