Establishing your practice

Establishing your future

This is an invitation to evaluate a new and rewarding pathway to realise the full potential of your medical practice in an era of high pressure and uncertainty.

Here are the essential elements of the offer:

 

  • Share in the sale Proceeds: GPs receive a share in the 20% of the proceeds of the sale of their medical centre.

  • Annual Profit Share: GPs share in the 20% of the annual net profits of their medical centre.

  • Relocation is close to your existing practice to minimise disruption to your patients.  Additionally our practices are refurbished, fully equipped and staffed. There is no commitment of your own personal finances or resources. As a matter of policy, most of our medical practices are located at prominent locations with ample parking.

  • High net income (up to 65% of billings)

  • A professional health management company as well as full administrative support.

  • An accreditation process fully managed by General Practice Support Services (GPSS).

  • Tenant GPs are involved in all aspects of design and commissioning of the practice.

  • Integrated specialist and allied health services located within the centre.

  • On-site nurse.

  • Efficient access to PIP/EPC items.

  • Continued ownership of the goodwill.

  • No lease liability over the entire area.

  • Arrangements are also available for seasonal and locum GPs.

Please take the time to review the following advantages:

  • *   A purpose-designed centre
    Your new centre is a spacious, well-appointed and equipped facility. It is near to your current location and all amenities. Your consulting room is designed to your specifications.

  •    Full administrative support
    All administrative requirements and management workload are handled by a professional health management company (General Practice Support Services).

  • *   Goodwill
    As a tenant GP, you will continue to own your practice.

  • *   Control
    Participating GPs control the management through a GP Council and a rotational medical director program.

  • *   Transparent costs
    Participants effectively become tenant GPs with a lease limited to an exclusive consulting room. The cost of the lease is tied to a fixed amount per annum or a fixed percentage of gross billings, whichever is the greater. This includes all costs associated with running the group practice.

  • *   Improved patient care
    The GPSS model not only ensures the continuity of patient care but also features specialist, nursing and other health professional services within the centre

  • *   Assured independence
    Independence and control are assured with GPs continuing to arrange rosters and determine holiday arrangements, made easier in a shared group environment.

  • *   Flexible tenancy tenure
    Your tenure is negotiable with easier exit provisions.

  • *   Goodwill Realisation
    Goodwill realisation is assured through our unique "bundle sale" pathway.

    You are a clinician, we are managers. A major attraction of the GPSS model is freedom from virtually all management and administrative pressure. General Practice Support Services Pty Ltd (GPSS) is the creator of this successful model and also the organization that will take responsibility for the day-to-day management of the centre.