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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 (0:33)

Is it harder for practices to stay on top of finances now? (0:43)

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

The influence of individual CCGs (2:18)

Income protection (2:47)

Where is income being lost? (4:00)

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

Practical and financial implications of taking on additional roles (6:02)

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

Direct support from government (8:21)

James’s take on the overall financial impact of Covid (10:08)

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

Advice for those who are struggling (12:52)

Utilising a PCN surplus (14:03)

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

Will there be any further opportunities to boost income at any point? (15:08)

Transformation of working process = savings? (16:14)

James’s final thoughts (17:29)

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

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 james.gransby@rsmuk.com