With increasing pressure on primary care, many GP practices are finding that their current premises are too small or simply not fit for purpose. AISMA accountant Andrew Pow outlines premises funding issues for practices in the July/August issue of Practice Management magazine. Click here to download the full article

How do you know if your practice is as profitable as the next one? Could you and your team improve performance? While your practice accounts will help your GP partners assess their investments in the practice, together with their taxable and pensionable profits, it’s increasingly important for this financial data to be used to plan ahead. AISMA accountant Elizabeth Lloyd explains how financial benchmarking can help your practice. Visit the Practice Index blog to read the full article.

Bob Senior, AISMA Chairman and head of medical services at RSM UK Tax and Accounting, is quoted in a Pulse article reporting an apparent £163m underspend of the primary care budget by NHS England. Read the full article.

The Association of Independent Specialist Medical Accountants (AISMA), the national network of accountancy firms specialising in the healthcare sector, has appointed James Gransby and Andrew Pow as members of its executive committee.

Gransby is a partner at the Maidstone office of MHA MacIntyre Hudson where he has a growing portfolio of healthcare sector clients, including GP practices, locum doctors and hospital consultants.

Pow is a partner at Manchester firm Hall Liddy. His specialist areas include appraising the performance of GP practices, changes in GP structures and the NHS pension scheme. He has a particular interest in maintaining rural GP services.

Bob Senior, AISMA Chairman and head of healthcare at RSM UK, said: “James and Andrew bring considerable knowledge and expertise to the AISMA committee and their contribution to the work of the Association will be highly valued. These are challenging times for the healthcare sector and GP practices in particular. AISMA accountants will play an essential role in advising their medical clients as they get to grips with new contractual structures and collaborative working practices.”

James Gransby

Andrew Pow

In this article focusing on fraud prevention, AISMA accountant Keith Taylor explains how shared accountability and control can help to protect your practice. Click here to download the full article

A practice manager’s guide to the new GP contract. James Gransby, of AISMA firm MHA MacIntyre Hudson (Kent) LLP, looks at the detail behind the headlines. Click here to download the full article

A recent story of a failed federation that led to GPs losing thousands of pounds highlights the need for GPs to understand their financial obligations and exposures when federating. AISMA chair Bob Senior advises GPs to consider their financial exposure before joining a federation. Visit the Pulse website to read the full article.

James Gransby, accountant at AISMA firm MHA MacIntyre Hudson (Kent) LLP lists the ideal skills required for the demanding role of practice manager. Click here to download the full article.

AISMA committee member Luke Bennett asks whether the 3.2% increase for general practice in England will meet the expenses it is intended to cover. Go to the Pulse website to read the full article.

The 3.2% funding uplift for general practice announced as part of the 2016/17 GMS contract could provide the first above inflation pay increase for partners in several years, according to medical accountants. Go to the Pulse website to read comments from AISMA accountants.