A third also plan to take steps over the next 12 months to increase the amount of income earned this way.
These are uncertain times for practice finances. Last month, GPonline.com reported that the GPC was ‘nowhere near a deal’ with ministers on GMS pay for 2013/14 and will defy calls for the independent Doctors’ and Dentists’ Review Body not to make recommendations.
Last week, we revealed that PMS contract reviews had left Midlands practices facing cuts of up to £135,000 a year.
In England, clinical commissioning groups (CCGs) take over from PCTs in April 2013, and much is uncertain about the new funding regime. Last week GP reported GP leaders’ fears that innovation in primary care IT could stagnate under
CCGs because of a shortage of funding.
GPs need a familiar face to guide them through these threats to practice finance, which is why GP has decided that we need to do more than a weekly Medeconomics section in the magazine.
From now on, our practice finance advice will become part of a specialist online resource for GPs and practice managers at medeconomics.co.uk.
The site includes our exclusive Database of GP Fees, which contains advice to help you boost income from private and professional work.
Expert advice is also available on key issues, including QOF, enhanced services, CQC registration, business development, the CCG agenda, premises, HR and legal issues.
Medeconomics is a brand GPs trust and medeconomics.co.uk aims to provide information and resources to help you run your practice effectively in these challenging times.