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Specialist medical accountants raises the bar at finance industry awards

  • 1st July 2014

Specialist medical accountants raises the bar at finance industry awards

A Newcastle firm of medical accountants has been recognised by the finance industry after only 12 months in business when it was named as a finalist in the North East Accountancy Awards for 'Independent Firm of the Year'.

Niche medical accountancy specialist BW Medical Accountants, which now employs 13 staff and acts for an increasing number of medical practitioners and GP Practices across the country, celebrated its success at a prestigious awards dinner held at the Hilton Newcastle/Gateshead Hotel.

Supported by national industry bodies including the Association of Chartered Certified Accountants, the Chartered Institute of Taxation and Institute of Chartered Accountants in England and Wales, the awards organisation, now in its eighth year, recognised the firm for its excellence and quality in the fields of finance, accounting and tax.

The recognition follows a period of significant growth for the company, with the awards committee being impressed with BW Medical's client focused approach and positive working environment. By bringing expert staff who have worked together in previous roles for many years, BW Medical demonstrated how it has successfully engaged with clients, delivering excellence in its services and rewarding its team.

Up against a range of well-established businesses and organisations in the north east, BW Medical Accountants has demonstrated the success achieved since launching in July 2013, with a growing portfolio of over 400 medical clients and over 60 GP practices, thanks to its unique offering of being the only niche medical practice in the region.

On being a finalist, Keith Taylor, Head of Medical Services, BW Medical Accountants, said: "We were very pleased to be shortlisted and its great recognition of all the hard work that the team have put in while setting up and growing the business. Much of the company's success is attributable to the team's expertise and passion for delivering quality through an enhanced service provision, and we have worked hard to make sure our staff are rewarded.

"The past year has been tremendously busy, with the team expansion and our move into brand new 5,000 sq ft. premises in the spring. This result has been a real achievement for the company, a great boost for the staff, and we are now in an exciting time for the business going forward."

BW Medical Accountants are 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.

(BW Medical Accountants is a member of AISMA - Association of Independent Specialist Medical Accountants)

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.

    Practice Manager
  • 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.

    Senior Partner
    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 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.

    GP Partner

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