Keith Taylor (FCA) is Director of Medical Services and Managing Director of BW Medical Accountants, a specialist accountancy, tax and financial planning firm which he founded in 2013. With a proven track record and a wealth of experience, Keith is a Chartered Accountant and a leading expert in medical accountancy services for the healthcare sector. He has a strong understanding of NHS policy and is a member of AISMA. (Association of Independent Specialist Medical Accountants)
With over 35 years of experience in the finance industry, Keith has helped clients in almost every sector before specialising in medical accountancy which has been his sole focus for the last 10+ years.
Keith began his career in finance in 1981, working towards his qualification as a chartered accountant with Newcastle based Spicer and Pegler – now Deloitte Touche. After qualifying, he made the decision to move to BDO in the Channel Islands, where he quickly progressed from an auditor to senior auditor, managing a team of 35 staff.
Keith has always had a clear vision of how he wanted to progress, after seeing the huge sums of money involved with the corporate big business sectors he felt that owner-operators were often overlooked in terms of service levels and general focus.
He decided to return to Newcastle, where he made a series of career moves resulting in him becoming Group Manager for a regional accountancy firm in 2002, later progressing to Head of Medical Services where he dealt exclusively with medical clients, providing compliance services to a portfolio of 140 GP practices.
Keith relishes the challenge of the constantly changing healthcare sector and found that the clients he was dealing with saw an immediate benefit from his services as he fulfilled his desire to work with owner-operator businesses.
In 2013, Keith launched his own niche firm solely focused on the healthcare sector as he wanted to raise the bar in terms of client service and delivery. With the financial backing of fellow Directors Richard Blackett and Kevin Walker BW Medical Accountants was formed and continues to gain momentum. Over 1,200 NHS professionals have switched to BW Medical Accountants within the last 6 years. The firm has solid foundations and has continued to invest in training and development to establish a highly experienced team of 24 experts. As one of very few niche firms in England, BW Medical Accountants is building a reputation for quality and results, attracting a national client base.
On a day to day basis Keith is responsible for a team of 24 specialists and the overall delivery of accountancy, tax and NHS Pension Management services to over 1,200 medical professionals and over 100 GP Practices, including GP partners, locums, hospital doctors, consultants, dentists and retired practitioners throughout England.
Skills In Focus
- Medical Accounts - GP Partnership / Dental Accounts
- Strategic financial advice for the healthcare sector
- GP Partnership accounts & tax advice
- NHS Pension Management
- Superannuation certificates
- Practice Mergers
- Buying into a practice
- NHS Working At Scale: Primary Care Networks / GP Federations / Provider Companies
- Succession planning
In Keith's Words
"The healthcare market is vast and very few healthcare professionals are currently supported by true specialist medical accountants. It's our aim to help as many as possible manage their finances and navigate the challenges facing the sector, particularly the NHS. Due to our track record and unrivalled service proposition we act for clients throughout England.
"Our firm offers highly experienced experts with specialist knowledge of the healthcare sector and their individual professions. A key advantage for our clients is our in-depth specialist knowledge of the NHS Pension Scheme and complex NHS policy. This enables our team to support and advise GPs, Salaried Doctors, Locums, GP Partners, Hospital Consultants and Dentists from qualification through to retirement. We also provide support to Hospital Trusts.
"I enjoy working with like-minded professionals and look forward to developing a successful and highly regarded company which provides an unparalleled quality service. The beauty of working in the healthcare sector is the satisfaction gained from assisting clients and the positive feedback received is highly rewarding."