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Medical partnerships are highly complex legal and financial entities
Petre Jones
Part 1: Core values and the practice ideas. Key moral and professional stances. The stereotypes and self labelled identity - the practice culture. Training practice status. PCG involvement. Part 2: The partnership dynamic. Team roles. Number of partners. Dynamic between partners. Joint responsibility for decisions. How will formal decisions be made? Practice manager or practice administrator? Attitudes to part time or job share. Assistantships. Patients and personal lists. Mutual assessment periods. Restrictive covenants. Part 3: Owning or leasing the premises. Own (and control) the premises. Lease. Rent. Part 4: Financial issues. Pooling income. Attitudes to outside work. Pooling expenses. Partnership shares and parity. Showing accounts to interviewees. Banking policy and accounts. Private patients. Part 5: How hard do you want to work? Workload. Number of sessions. Admin work. Leave. Out of hours cover. Part 6: Working policies. Clinical governance within the practice. Professional education. Clinical policies. Practice area. In hours emergency policy. Part 7: Final thought. Appendix.