The HSCIC recently published their survey of GP earnings for 2012/13. Whilst the numbers themselves produce the headlines, they make a rather striking observation which catches the eye. "In general, average income before tax decreases with increased practice size”.
The implication is the larger the practice the more difficult it is to manage, and practice mergers are unlikely to produce increased earnings. This again suggests that partners must work “on” as well as “in” the practice, and set aside protective time to deal with management issues.
In our experience the best way to get started is to hold a facilitated “away day” to set a strategy for the future. If this is for you why not contact us to arrange the day, we have qualified facilitators and ideal facilities.
From testimonials received from around the country, our away days have been proved to be a great success and totally worthwhile.
Further details and references available, call 0191 653 1022 or email enquiry@bw-medical.co.uk
(We also facilitate talks around practice mergers / federations and we have an educational finance workshop programme for General Practice)
