Educational Podcasts and Videos Focusing on Finance
Don’t forget to log your learning points & reflections as part of your CPD. CQC are particularly keen to see any evidence of your learning and how you apply it.
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Bite Size: New to Practice Finance – Help!
Understand Finance – the Income Streams and Efficiencies
Bite Size: New to Practice Finance – Help!
Practice finance can be a minefield! Matt Perkins leads this session from a place of experience and was once in your shoes – totally new to unpicking the world of practice finance. Matt is now a Business Manager of a large practice but still remembers the early days and is able to explain and untangle the money-in and the money-out in an uncomplicated, straightforward way without using accountancy jargon.
Following this session you will have a basic understanding of how finances work in Primary Care, and where the pitfalls are.
- Getting the basics and structure of your finances right
- GMS
- SFE
- QOF
- Understanding and managing PCN finance
- Knowing what makes up your practice income and costs, and what the main drivers are
- Monitoring and tracking throughout the year
- Introduction to Partnership finance, and partners drawings
- Tax and superannuation obligations
- How to make the most of PCSE online
- Making a practical, easy to implement action plan
Purchase the video here
How to… Understand Finance – the Income Streams and Efficiencies
This module will cover:
- Overview & interpretation of the practice accounts
- Responsibilities of the Partners for the finances
- Top tips for keeping the finances of the practice healthy
- Common pitfalls and how to avoid them
Click here to purchase the recording
