Podcast: General practice finance in 2024 - what GPs need to know

Talking General Practice speaks to Dr Tommy Perkins and Andy Pow from Medics Money about finances in the year ahead, changes to GP partner income in recent years, and how practices can ensure they are on a sound financial footing.

This week Emma is talking to GP partner Dr Tommy Perkins and specialist medical accountant Andy Pow from Medics Money, about the year ahead for GP finances.

They talk about the current financial pressures GP practices are under, how GP partner income has changed, and the sort of uplift practices might need from this year’s GP contract to help address the shortfalls they’ve experienced in recent years.

They also offer lots of useful advice on how practices can start the new year on a sound financial footing, explain what upcoming tax changes will mean for all GPs, and the importance of better financial training for GPs as general practice becomes increasingly complex.

This episode was presented by GPonline editor Emma Bower and produced by Czarina Deen.

Useful links

GP Business
Our website GP Business provides practical advice for GP partners and practice managers to help them run their business more effectively. More details here.

From Medics Money

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register

Already registered?

Sign in


Just published

Professor Dame Helen Stokes Lampard

Former RCGP chair joins NHS England board

Former RCGP chair Professor Dame Helen Stokes-Lampard has joined the NHS England...

GMC sign

GMC apologises to doctors for historic sanctions under homophobic laws

The GMC has formally apologised to doctors it took regulatory action against or struck...

GP working

NHS gained nearly 250 fully-qualified GPs over the past year

The GP workforce in England gained 248 fully-qualified, full-time equivalent GPs...

Smashed window/police car

GP practice calls police after window smashed in

Support has flooded in for a GP who revealed that her day started by arriving at...

GP consulting with a patient

How GP practices can become skilled worker visa sponsors

GPonline explains how practices can become a skilled worker – or tier 2 – visa sponsor...

Doctor showing paperwork to a colleague

Preparing for the AKT: Health informatics

In the third of a three-part series, Dr Pipin Singh provides GP registrars with advice...