In this video, Laurence Slavin, a partner at Ramsay Brown Chartered Accountants, discusses the recent announcement by the Department of Health regarding an additional 3.9% increase in the global sum for healthcare practices. Laurence explains why this increase does not effectively address the 6% pay award for practices. Through benchmarking and modeling, he demonstrates how the proposed increase would impact staff costs and overall practice losses. Laurence also proposes an alternative approach based on registered lists. Watch this video to understand the implications of the current proposal and the need for proper funding in healthcare practices.
// by Laurence Slavin
