>
Google Rating
4.8
Based on 79 reviews
×

The Medics’ Money New to GP Partnership Course is run for GP Partners by GP Partners.

The Medics' Money New to Partnership Course will empower partners like you to make better business decisions.

Using our skills as both GPs, accountants & tax advisers, we've selected the best advisers to teach and support you on the Medics’ Money New to GP Partnership Course. The sixth 🤯 cohort of our course will start on Wednesday September 27th 2023. All previous cohorts have sold out so if you want to come apply now 👇

Already signed up to the course? Click here to log in.

GP Partners taught
0
Days
Hours
Minutes
Seconds
until next course starts

As GPs ourselves, we know how little you get taught about running your GP business, which is why we started this course.

The Medics’ Money new to GP Partnership course will set you up for a happy, profitable and rewarding career as a GP partner.

We will teach you the essential financial and business aspects of being a GP partner such as understanding the accounts and the key financial metrics that will increase profitability and deliver the best care to your patients. 

We will also cover the equally important topics of how to manage your workload, looking after your own health and wellbeing so you can be the best GP Partner you can be whilst also being the best mother, father, husband, wife, partner and doctor that you can be.

The Medics’ Money new to GP Partnership course will set you up for a happy, profitable and rewarding career as a partner.

Next course starts September 27th 2023 Apply now 👇

Already signed up to the course? Click here to log in.

GP Partnership Course FAQs

The next cohort starts on 27th September 2023👇

As GPs ourselves we know how busy life is so don’t worry if you can’t make the live sessions – the replays are available to watch anytime and you can ask the experts questions anytime in our exclusive online community with 200 other partners and over 20 experts who teach on the course

📆Cohort 6 live teaching dates

Wednesday  27th 2023 0900-1200

Further dates TBC

🅱️ Bonus sessions

We host 1 hour bonus sessions throughout the year. These are optional and include

🥊Managing conflict – Dr Claire Sieber is a GP mediator and tells us how to manage disputes.

💰Get paid for work you already do – getting paid for work you do is important and PA items are an area where some GPs lose a lot of money. The experts show you how to avoid this.

💻Ardens – Dr Kamal (founder of Ardens) tells us how to maximise this powerful software to improve patient care and make sure you get paid

💊Dispensing masterclass – the core course content covers dispensing but what about some tips and tricks from experts who’ve been dispensing for years.

📈Investing – with inflation destroying returns on cash, investing is increasingly important. In this bonus session we show you how to get started with investing in equities

⛑ Protecting your most valuable asset – YOU. Locum insurance, who needs it? Life insurance – who needs it? Let our experts give you unbiased, independent advice.

🤷‍♂️Managing your team and HR issues – How to lead a team and avoid HR pitfalls. A longer session(1.5 hours) but so important.

📖 Book club – the 200 GPs on the course have formed an online book club and so far have read Black Box Thinking, The Psychology of Money, Quiet and The Chimp Paradox

As GPs ourselves, and with Tommy a GP Partner, we know how tight cash flow is with buy-ins, tax bills etc and you might not have £3k spare instantly, so we allow you to secure your place with a £300 deposit.

The total cost of the course is £2,500 +VAT = £3,000 total.

👍The good news is there are several ways the NHS will cover the entire cost of our course.

For those that became partners after April 2021 and before 31 March 2023 and subject to eligibility criteria, the New to Partnership funding can cover the entire cost of our course. Further details below. If you don’t meet the above criteria, scroll down to the ‘Other Ways to Fund the Course’ section!

Some specifics to be aware of for those using the NHS New to GP Partnership funding:

To make use of the funding, you need to have become a partner prior to 31 March 2023 and have applied for the New to Partnership scheme by 30 June 2023.

The NHS will only approve training that commenced after you have become a partner.

Training must start within the first year of accepting a partnership role/receiving your welcome letter, unless otherwise agreed with NHSEI

Financial claims should be submitted via NHSEI within three months of purchasing the training. Full details for claiming reimbursement will be shared through the welcome letter sent to successful applicants.

You (or your practice) must pay the full amount, i.e. the NHS does not pay this for you. Instead, the NHS will reimburse you the full amount 1 year from the date you signed the partnership agreement or one year from the date of your New to Partnership funding letter.

We will issue an invoice for the remainder of the £3,000 shortly after commencement of the course. In order to qualify for reimbursement the NHS insists that you claim within three months of this invoice date. Once you have made payment, we will issue a receipt. Page 8 “business training” in this document gives further details. NHS Guidance.

Other Ways to Fund the Course

For those that became partners before April 2021 or those not eligible for the New to Partnership funding the 2023/24 PCN DES outlines a Leadership and management payment of £0.684 multiplied by the PCN Adjusted Population. This equates to approximately £17,100 for a 20,000 patient PCN.

Page 65 of the PCN DES Contract specification 2022-23 outlines more detail: https://www.england.nhs.uk/wp-content/uploads/2023/03/PRN00157-ncdes-updated-contract-specification-23-24-pcn-requirements-and-entitlements.pdf 

Several ICBs are funding partners to attend our course! Contact your ICB for more details.

If self funding you should be entitled to a tax deduction at your marginal (highest) rate of taxation.

New and prospective partners in GP practices who want to learn the non-clinical skills you need to thrive in your new role as a partner. This includes GP Partners, Nurse Partners, Practice Manager Partners, Pharmacist Partners, Physio Partners. 

For eligible partners the course is funded by a grant from the NHS which means our course is FREE to you. If you are not eligible for the NHS funding the course costs £2,500 +VAT. You can check your eligibility for the funding here and email [email protected] to check your eligibility.

Places are limited and are filling up fast. If you are interested complete the form below and we will get back to you.

The course will be held in our virtual learning platform online. There will be live teaching sessions and recorded sessions. The virtual learning platform will allow you to interact with us and other participants, ask questions of the experts and access additional material.

As GP partners ourselves we know how busy life can be. All the live teaching will be available to watch as a replay and our online community allows you to ask questions as you go along.

Our faculty includes GP Partners, Specialist Medical Accountants, Specialist Medical Financials adviser, Lawyers who specialise in GPs, GP Property experts, GP wellness coaches and practice managers. Medics’ Money is unique in that we have all the best advisers available, so you get the very best information from leaders in their fields.

We’ve distilled all the essential knowledge you need to thrive in your new role and recruited the best experts to teach you. 

  • Ask questions at our live interactive teaching sessions.
  • Catchup replays of all live teaching
  • Work together, ask questions and collaborate with other new GP Partners and financial experts in our exclusive online course community 
  • Bonus teaching sessions in the community on how to improve your personal finances
  • 60 hours of CPD 

Already signed up to the course? Click here to log in.

GP Partnerships

What will you learn?

  • Understand the basics of the tax you pay including Self-Assessment and payments on account, tax deductible expenses and avoid common tax traps.
  • Be confident in analysing the practice accounts and identifying Key Performance Indicators to identify opportunities to increase profits.
  • Learn how GPs make money including how to maximise different income streams such as DES, LES, QOF and personally administered items.
  • Recognising the signs of stress and burnout.
  • Developing strategies to cope in a high stress job using the SHAPES toolkit.
  • The role of the practice manager and how to work with them to improve the practice.
  • Managing staff, leading teams and how to drive change in your practice.
  • The legal responsibilities in employing and managing staff.
  • The partnership agreement and how this protects you. 
  • The legal issues with property including leases.
  • PCN ICS and the future direction of the NHS.
  • Understanding the property including leases, notional rent and financing estates.
  • Understanding the NHS pension including an explanation of tax charges and how to mitigate them.
  • Introduction to building your wealth and protecting your income.
  • Tax efficient family finances and tax-free childcare.
  • How management style accounts can help GPs set budgets, forecast income and pay less tax.
  • The challenges of being a rural GP
    Book club – so far covered Black Box thinking by Matthew Syed and The Psychology of Money by Morgan Housel.

Apply for a place on The GP Partnership Course

Places are limited and are filling up fast. If you are interested complete the form below and we will get back to you.

Contact Us
  • Please let us know how you would like us to contact you.
  • Click here to take a look at our terms and conditions and privacy policy Privacy policy

Don't just take our word for it...

Take a look at these testimonials videos posted by attendees on the course.

Find out more about the GP Partnership Course

Find out more about the GP Partnership Course from two of the presenters, Dr Hussain Gandhi and Dr Tommy Perkins.

Who will be teaching the course?

Dr Ed Cantelo GP, Chartered Accountant and Chartered Tax Adviser

I’m Ed and I’m not only a GP, but also a Chartered Accountant and Chartered Tax adviser. This unique skillset allows us to deliver the very best financial training to my GP colleagues. I specialise in Tax issues and have recently adopted two rescue cats.

ed-transparent

Dr Tommy Perkins, GP Partner wSI Dermatology

I’m Tommy and I’ve been a GP Partner for several years now. As cofounder of Medics’ Money I’ve learnt so much from Ed and the other experts at Medics Money which helped me settle into my partnership. I want all new partners to get the benefit of this expertise so we set up the Medics’ Money New to GP Partnership course. In my spare time I enjoy spending time with my family and surfing waves.

tommy-transparent

Rachael Hall, Specialist medical Independent Financial Adviser

I’m Rachael Hall and I’m a specialist medical independent financial adviser. I specialise in the NHS pension scheme, pension taxation and retirement planning. I am married to a Consultant Psychiatrist and we have 2 young children. In my spare time, I enjoy swimming in the sea, paddle boarding and yoga.
racheal-hall

Andrew Pow, Specialist Medical Accountant Mazars, AISMA board member

I’m Andy Pow and I have over 20 years’ experience in medical accounting. My specialist areas include appraising the performance of GP practices, changes in GP structures, and the NHS pension scheme. I’m also a board member of the Association of Independent Medical Accountants(AISMA) and a leading commentator on healthcare issues. In my spare time I enjoy hill walking in the lake district with my wife, who is a GP.

 

andrew-pow

Dr Rachel Morris GP, Coach and host of the ‘You Are Not A Frog’ podcast

I’m Dr Rachel Morris, a GP, Executive Coach and Trainer and host of the popular ‘You are Not a Frog’ podcast which shares life hacks for busy professionals so they can beat burnout and work happier. Rachel knows what it’s like to feel overwhelmed and one crisis away from not coping. She believes that you don’t need to dramatically change careers to thrive in your 9-5 (or 8-8) but there are simple things you can do and changes you can make that will make a huge amount of difference.
rachel-morris

Dr Hussain Gandhi, GP Partner host of eGP learning Youtube channel

Hi I’m Hussain Gandhi and I’m a GP Partner, PCN clinical director and host of the eGP learning Youtube channel. I’m passionate about helping my colleagues to use technology to improve efficiency and get back control of their time. In my spare time I enjoy playing board games with my family.

Hussain-Gandhi

Barbara, Practice Manager, PCN Finance manager 

I’m Barbara and currently work as Finance manager for both a GP practice and the local GP network. I also have many years’ experience as a GP Practice Business manager.  My favourite activities outside work are supporting Norwich City FC and travelling. 

barbara

Andrew Burwood – Specialist Medical Accountant, Larking Gowan 

I’m Andrew Burwood and I have over 20 years’ experience as a specialist medical accountant. I am well-known throughout the region for my pro-active advice and personal approach. In my spare time I enjoy spending time with my young family, keeping fit (when time permits!) and supporting Norwich City. 

andrew-burwood

Rob Day, Specialist Healthcare Lawyer Principle associate Mills and Reeve 

I’m Rob Day and I specialise in regulatory and commercial advice to those working within the primary care sector. Within this field I have particular expertise when it comes to supporting those seeking to acquire, sell or merge GP practices, establish joint ventures or otherwise work at scale. In my spare time I enjoy all sports, particularly football and cricket. 

rob-day

Lizzy Lloyd, Specialist Medical Accountant Larking Gowan AISMA board member 

I’m Lizzy Lloyd and I have over 20 years’ experience as a medical accountant and I look after GP medical practices; from sole practitioners to super surgeries, Primary Care Networks, hospital consultants with their own private practice, locum GPs and GP federations. I am a member of the AISMA (Association of Independent Medical Accountants) board. 

lizzy-lloyd

Ian Crompton, Healthcare specialist

I’m Ian Crompton. I worked for Lloyds Bank for 43 years, set up their (award winning) HealthCare Team in 2004 and was Head of HealthCare there until I left in 2019. I now run a business focussed on primary care finance, particularly for doctors, and get involved in partner buy-ins, surgery refinance and developments. Away from the business I play golf and tennis in the summer and ski as much as I can in the winter.

ian-crompton

Feedback from course attendees

Medics' Money Live in London

Imagine if you could meet up with fellow partners, learn the latest tips from the best GP business experts out there AND have fun in London. 🤔

In October 2022 we invited members of our exclusive Partnership course to London.

Would anyone come? Would it be useful? Could learning about the business of GP ever be fun?

Here’s the answer… ➡️

Medics’ Money live is just another reason to come on our course. Apply now.

Pre-course assessment

This pre-course assessment gives you an idea of what the course covers. Don’t worry if you answer mostly 1-2’s, by the end of the course you will be 4-5’s