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Niche medical accountants continues to expand

  • 27th June 2014

Niche medical accountants continues to expand

BW Medical, a team of national medical accountancy specialists, has boosted its medical finance team with the appointment of Mark Dempsey, taking the number of employees at its offices in Newcastle to 13.

The niche firm, which currently acts for a large portfolio of medical professionals and GP practices across the country, is building on recent growth and has recruited Mark to further expand its team of highly specialised practice experts.

Mark, a chartered accountant originally from Southport, brings over 30 years experience in the finance industry to his new role. As medical services accountant, Mark is responsible for managing the clients' financial accounts, as well as providing strategic advice.

Mark's career in accountancy and finance began in 1984 when he joined BDO Reads Ltd in Guernsey. Over 14 years he trained and qualified as a chartered accountant, developing his role from audit senior to audit manager and then audit director. He has held a number of senior accounting roles over his career, including working as a project accountant within the financial control department of Deutsche Bank Offshore in Guernsey, Jersey and Dublin, where he was responsible for several projects in connection with the group's accounting and financial reporting systems.

Moving to the north east in 2004, Mark initially worked as a project accountant for Akzo Nobel, before taking up a role as corporate finance manager for a regional accountants, where he was responsible for services including business acquisitions and disposals, due diligence, business plans, financial forecasting, fund-raising and business valuations.

In 2007 Mark became finance director and company secretary for Connect Physical Health Centres Ltd, one of the largest independent providers of NHS Musculoskeletal (MSK) services which are delivered in the local community by chartered physiotherapists, specialist GPs and consultants. Working in an integrated way, they were contracted to deliver services to over 15 Clinical Commissioning Groups (CCGs) from London in the South, to Northumberland in the North. 

During his time at Connect the company's turnover tripled in size and the number of employees grew by over 250 per cent. He was responsible for the day-to-day running and leadership of the finance and data department, financial modelling for NHS tenders and as a director was part of the Strategic Board.

On being appointed to BW Medical, Mark said: "I'm proud to be part of such an accomplished team of professionals who share the same high standards focused on the needs of clients and who thoroughly enjoy working as a team to deliver results.

I'm looking forward to further developing the client portfolio within the company, using my knowledge to improve the efficiencies in data collection and financial analysis to help maximise clients' income."

Keith Taylor, Managing Director, BW Medical Accountants, said: "We are delighted that Mark has joined the team and his experience and knowledge in healthcare finance will be invaluable to the business going forward. We are committed to delivering a first class service to the medical sector, with an emphasis on quality and therefore our focus is to always attract a high calibre of financial expertise. We only recruit outstanding accountants with a proven track record and people who share our values, so we are expanding ahead of the curve to ensure that we remain client focused at all times."

BW Medical Accountants is a team of specialist medical accountants with extensive experience and expertise in the healthcare sector and the only niche medical accountants in the north. Based on traditional values with a modern approach, the firm aims to simplify the financial planning process to provide the most effective solutions and raise the bar in medical accountancy provision.

Who writes this?

Keith Taylor FCA

Keith Taylor FCA

Director of Medical Services
Find out more about Keith
  • Very smooth changeover to BW, with good communication at all times. Very efficient in the production of the accounts (as promised) and the Partners are delighted with the advice received to date.

    Paul Atkinson, Practice Manager
    Netherfield House Surgery, Northumberland
  • BW Medical Accountants have a good working knowledge of General Practice and are keenly aware of the challenges Practices face within the changing environment of the NHS.  Benfield Park have been very impressed by the way BW Medical continue to deliver the range of services they provide from Accounts to Tax and NHS Pension advice. 

    We have found Practice consultation and engagement from BW Medical specifically helpful to shape the future of the Practice.

    Jonathan McCutcheon, Practice Manager
    Benfield Park Medical Group, Newcastle
  • We had no hesitation in moving to BW Medical Accountants.  For any business your accountant is integral, and for us one of the most important factors to this relationship is to have a personal and trusting approach, which BW have undoubtedly achieved. 

    The service we receive and the interest they show in our practice assures us that they have a genuine interest in us and commitment to us.  More importantly they are always helpful and polite to answer even the dumbest of questions!  They give us confidence and reassurance knowing that they are always very up-to-date with all the numerous changes within general practice and we would have no hesitation in recommending them to other practices seeking a professional and personal accountancy service.

    Jackie Rotherham, Practice Manager
    The James Street Family Practice, Lincolnshire
  • We moved to BW Medical Accountants in 2013 and we are delighted that we have.  Having been in the same business for over 20 years it is important to have a relationship with the accountancy team but most importantly you need to have trust.  We made the decision to move our business to BW Medical Accountants and having worked with the Team especially Tina we are very satisfied.  Tina going through the accounts brought to our attention many things that I was not aware of in the past.  The first years' experience can only be described as excellent.

    Customer service is first and foremost with BW and this shines through as each and every one of them are approachable, helpful and most importantly understand and know the business.  General practice is complex and is going to get more complex in the coming years.  We need Accountants who truly understand our business. We as a practice and as individuals would certainly recommend BW Medical Accountants.

    Gloria Middleton, Managing Partner
    Westbourne Medical Group, Sunderland
  • We changed to BW Medical Accountants during this financial year and I would say we have just had the most transparent and understandable end of year meeting and the best planning advice I have ever had in 16 years of practice.

    Dr H Jervis, Partner
    Temple Sowerby Medical Practice, Cumbria

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