Making the Most of the GP Crisis
Recent reports have shown that a lack of GPs is prompting a crisis as more and more people are unregistered with a local doctor.
Although in the UK there are currently more GPs than ever before this week’s announcement by the Chancellor of the Exchequer revealing significant cuts in public spending have reignited worries over access to local doctors.
Starting up in practice can seem a daunting undertaking for would-be practitioners, particularly with equipment funding and other running costs to take into consideration. This will probably continue to be the case however according to a leading practice finance specialist there is light at the end of the tunnel. The Managing Director of The Practice Loan Company, who specialise in providing practice loans and funding solutions for practitioners, said: “We are able to provide bespoke finance solutions for doctors and health professionals looking to set up in practice, as well as practice funding packages for existing practitioners.
“At The Practice Loan Company we offer unsecured business loans and business equipment finance to suit most circumstances. We are not advisors however we have many experienced individuals who would gladly give you the benefit of their expertise.”
Although the recent surge in private health care has accounted for some of the short-fall there is still a huge gap between supply and demand when to comes to GP services. There is also a substantial increase in the number of doctors seeking early retirement as well as a steady stream of GPs leaving medicine in early middle age because of the pressure of work. Dr John Chisholm, Chairman of the GPs committee of the BMA, said, "The UK is seriously under-doctored and for GPs and their patients the consequence is a consultation that lasts a mere eight minutes on average.”
“We desperately need many more general practitioners in the workforce."
The Practice Loan Company can offer a complete financing solution, whether you require a practice loan of £5,000 or £500,000, we could provide the right facility when it is needed most.
With over 20 years' industry experience, The Practice Loan Company, who deal solely in finance solutions for practices, are able to offer an extensive and sensitive understanding of the problems, and opportunities, faced by practitioners. They also offer practice funding to accountants, solicitors, architects, barristers, doctors, opticians, pharmacists, solicitors and veterinarians.
06/01/10
