Top Performing Medical Practices – What are they doing differently?
Overview
Exclusive business advisory data, benchmarks & reporting to help GP Medical Practices achieve top performance at every stage of their practice life cycle.
GP Medical Practices are high-value clients for compliance, advisory & wealth management solutions.
New Top Performer insights will help advisers add value to existing client relationships & create a point of difference to attract new clients in the Medical-Health sectors.
These insights include fair market valuation multiples. Proposed CGT reforms are expected to increase demand for practice valuations. One advisory service that relies on a compliant valuation is Internal Business Succession Planning (IBSP).
Interest in IBSP services is expected to grow significantly. IBSP helps GP Medical Practices addresses their biggest concern – ability to recruit Contracting Doctors.
Increasing the number of FTE Doctors builds practice not personal goodwill. IBSP optimises value & personal wealth through internal ownership transition.
3-key insights:
- Most Accurate Financial Benchmarks
- Exclusive Non-Financial KPI Data
- Top Performer Reporting
Practice life-cycle stages:
- Start – Buy – Invest
- Grow – Improve
- Value – Succession – Exit
Supporting insights:
- Concerns – Top 3 Concerns keeping GP Doctors awake at night
- Drivers – industry strongest & weakest drivers
- Benchmarks – most accurate & biggest performance variance
- Non-Financial KPIs – 64 risk-profit-value drivers
- Insights into industry top performers
- Succession essentials
- Process – 3-stage IBSP
- Goodwill – risks associated with Personal Goodwill
Case studies:
The session includes practical case studies on how to use industry benchmarks, Top Performer data & reports to engage existing clients, enhance your compliance, advisory & wealth services & secure new client opportunities.
Learning Outcomes:
Develop a medical-health industry specialisation
Introduce data-backed business advisory services
Access reliable industry financial-benchmarking data
Discover non-financial KPIs that affect practice performance & value
Attract high-value industry clients by offering IBSP services
Demonstrate planning essentials to retain & grow the number of FTE Doctors
Secure tailored presentation opportunities with COIs, networks etc
Suited to:
Any adviser to Medical-Health related sectors.
This includes Accountants, Financial Planners, Finance Brokers, Business Brokers Lawyers & other SME advisers.
Heads of Banks, Wealth Management Companies, Finance Brokering Groups and Industry Associations responsible for Retention and Growth in these sectors
You will also be provided with:
- Access to watch the Live Webinar
- Opportunities to ask real time questions to the presenter/s
- Poll questions to test your knowledge
- Access to On Demand recording, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz (for On Demand recordings)
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Your presenter
Grant BloxhamBstar
is a data mining specialist for AUS/NZ Small-Family-SME businesses. He is considered an accounting industry thought leader, is the co-author of the ‘Judgement & Data’ White Paper & was the lead in securing Microsoft support for the Data Mining App.
Bstar’s data is expected to grow to FIVE million financial benchmarks & non-financial Risk-Profit-Value Driver KPIs by December 2026.
Over the last 25 years, Bstar has gained the trust & respect of accountants and financial advisers by offering automated business valuation, advisory & accountability App. solutions, sharing industry knowledge/expertise & strategies that boost practice profit/values.