Has there ever been a year which has been more tough in terms of demand and output in general practice? Covid landed and with it a whole host of immediate and long-term issues which have all had a direct impact on practice and network cashflow. Our resident finance guru James Gransby of RSM UK is back this week to give his thoughts and his advice on available funding now, what may be up for grabs in future, where savings could be identified, whether general practice overall is thriving in spite of the pressure and most importantly, what to do if your financial position is already precarious.

 

Introduction (33 secs)

Is it harder for practices to stay on top of finances now? (43 secs)

What support is available from NHS England? (1 min 12 secs)

The influence of individual CCGs (2 mins 18 secs)

Income protection (2 mins 47 secs)

Where is income being lost? (4 mins)

Has the £150m Covid expansion funding really made a difference?  (4 mins 46 secs)

Practical and financial implications of taking on additional roles (6 mins 2 secs)

The pressure from two, large-scale immunisations programmes in one financial year (6 mins 53 secs)

Direct support from government (8 mins 21 secs)

James’s take on the overall financial impact of Covid (10 mins 8 secs)

What actions should we be taking right now? (11 mins 31 secs)

Advice for those who are struggling (12 mins 52 secs)

Utilising a PCN surplus (14 mins 3 secs)

How the additional roles can help from a network perspective (14 mins 34 secs)

Will there be any further opportunities to boost income at any point? (15 mins 8 secs)

Transformation of working process = savings? (16 mins 14 secs)

James’s final thoughts (17 mins 29 secs)

Further information, resources and getting in touch (17 mins 56 secs)

 

The COVID article can be found here and the Autumn version which also contains COVID tips (including Christmas gifts) can be requested from your local AISMA accountant or by emailing James at [email protected]