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GP Amalgamation
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Last Modified 1/4/99
12 Reasons to Amalgamate. Working as a team rather than in isolation is a great morale booster. Economies of scale and more profitability has been clearly shown in AMA research. After hours situation much improved Provision of an extended hours service seven days a week for the convenience of patients. Ability to fully computerise with electronic downloading of pathology and electronic medical records, saving an enormous amount of staff and doctor time. easy access to patient population information for preventitive medical intervention. Ability to employ nursing practioners to do immunisations, dressings, set up and sterilising of instruments, purchase of medical supplies, etc. Ability to employ a practice manager to handle business and human resource matters. Opportunities for group meetinmgs and preventative medicine classes as well as space for paramedical people, such as psychologists, dieticians, etc Ability to become a GP training practice Allows for growth of the practice Inspires confidence in applying for accreditation (amalgamting practices availing of government incentives will be required to sign up for accreditation). Amalgamtion improves professional situation and relationships and addresses most of the more tedious problems facing general practice in today's climate. How to go about it Form a group of like minded GPs who respect each other. Once an enthusiastic group has been developed, be prepared to kick the can to pay for comsultation with other professionals such as architects, practice management consultant, business consultants/accountants,legal,IT/IM expertise, and change management expertise. The new incentives see the feasibilty component of amalgamation funded to the tune of $1000 per FTE GP (up to three per practice) considering amalgamation. The GP Links Program: Incentives for practice amalgamations An amalgamation (excluding virtual amlagamation) should reflect the following: An amalgamation is a legal combining of seperate practice ownership and locations; Amalgamtion will only be supported for practices in close proximity, ie amalgamation should not reduce patient access; Payments will be made to amlgamting practices that have five or fewer full-time equivalent GPs, with a resulting practice of at least two full-time equivalent GPs; Amalgamted practices must apply for accreditation within 9 months of a Stage 2 payment. Payments Stage 1 $1000 per doctor (up to three per practice) to draw up and examine their business plan in detail. Stage 2 Total payments in the order of $7500 per FTE practioner in each eligible amalgamating practice for up to three FTE Gps, plus $15000 per eligible practice. Total ceiling payment $120,000. Amalgamation Experience Andrew Binns describe the lessons learnt in their practice amalgamation in An Analgamated Future for GPs? DiscussionPlease send us your comment My Name: My E-mail: Name a new topic Comment:
The GP Links Program: Incentives for practice amalgamations An amalgamation (excluding virtual amlagamation) should reflect the following: An amalgamation is a legal combining of seperate practice ownership and locations; Amalgamtion will only be supported for practices in close proximity, ie amalgamation should not reduce patient access; Payments will be made to amlgamting practices that have five or fewer full-time equivalent GPs, with a resulting practice of at least two full-time equivalent GPs; Amalgamted practices must apply for accreditation within 9 months of a Stage 2 payment. Payments Stage 1 $1000 per doctor (up to three per practice) to draw up and examine their business plan in detail. Stage 2 Total payments in the order of $7500 per FTE practioner in each eligible amalgamating practice for up to three FTE Gps, plus $15000 per eligible practice. Total ceiling payment $120,000. Amalgamation Experience Andrew Binns describe the lessons learnt in their practice amalgamation in An Analgamated Future for GPs? DiscussionPlease send us your comment My Name: My E-mail: Name a new topic Comment:
Stage 2 Total payments in the order of $7500 per FTE practioner in each eligible amalgamating practice for up to three FTE Gps, plus $15000 per eligible practice. Total ceiling payment $120,000. Amalgamation Experience Andrew Binns describe the lessons learnt in their practice amalgamation in An Analgamated Future for GPs? Discussion
Amalgamation Experience Andrew Binns describe the lessons learnt in their practice amalgamation in An Analgamated Future for GPs?