Pow Thomas Partnership

If any of our posts have raised questions this week get in contact.

We provide support to General Practice through inhouse finance help or specific one off projects.

DM us or ✉️ contact@powandthomas.co.uk

#GP #PCN #Federation

Drug Profitability in #GP
Are you sending FP34 claims each and every month?
Are you claiming all reimbursable items, even the low value ones?
Who manages the flu campaign? Is it profitable?
Who manages the purchase of medical consumables?
Do you have controls over the ordering?

Local Enhanced Services & Schemes in #GeneralPractice
National income streams can be well publicised but are you fully aware of any local money available and the criteria for payment? Have you looked at how profitable any local services are and costed them out appropriately? Profit is essential

What are your income claiming procedures like and are they being followed? #GP
Non claiming or delayed claiming of locum reimbursement for sickness and maternity.
Non claiming of CQC fees, Business Rates and Water Rates
Enhanced services claims not being made or not being made in a timely way

PCN income – the funding which is flowing through PCNs now is big business.
• Who is looking after the finances?
• Do they have any formal financial training?
• Do you have transparency and confidence in the numbers?
• How much cash is held at PCN level and is it managed effectively?

Workforce Planning – the biggest expense for #GP
Have you done a workforce budget for 2025/26?
Have you thought about the skills and people you have and whether the right people are in the right roles doing the right tasks?
Are you making best use of the ARRS roles in your PCN?

PCN's are complex organisations which need 💪 financial management. With budgets running into the £millions & tight uplifts in the 25/26 does your PCN have the information it needs to make the difficult decisions ahead. If not we can help get your financial management into shape

PCN's are complex organisations which need 💪 financial management. With budgets running into the £millions & tight uplifts in the 25/26 does your PCN have the information it needs to make the difficult decisions ahead. If not we can help get your financial management into shape

Bespoke support distinct from your accountants. We are here to help you unlock problems in your practice or PCN - including mergers & demergers , premises, pension administration as well as our inhouse financial support to help you run your practice.

So who are we ? @medicaccountant and Melanie Thomas have 50 years combined experience in advising medical organisations. We will though be providing hands on support to a limited number of practices, PCN's or federations as well as using our expertise to unlock problems organisations.

How does the GP contract in England impact practices in 25/26. Large headline figures may be misleading and each practice needs to consider how the funding impacts at both practice and PCN level. Profit = income less expenses. Both sides of the equation need to work so know your numbers.

Welcome to Pow and Thomas. A new venture from @medicaccountant and Melanie Thomas bring 50 years of combined expertise to provide a tailored support package for GP practices, PCN's, Federations and other healthcare businesses. Follow us to see what we are up to

1 day to go until we launch - something new in the financial world for General Practice, PCN's, Federations and other medical organisations

Coming soon in 2025. A new management service supporting General Practice finance.