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Seven steps to cutting practice expenses

In this series, Nick Coleman explains simple steps GP practices can take to reduce their expenses and cut costs.

Seven steps to cutting costs in your practice (Picture: iStock)
Seven steps to cutting costs in your practice (Picture: iStock)

The series is divided into the following articles:

STEP 1 Gather information.

STEP 2 Build a successful money-saving strategy.

STEP 3 Know the market and how to find the right suppliers.

STEP 4 Evaluate suppliers to ensure they can meet your expectations.

STEP 5 Negotiate on price.

STEP 6 Put your money-saving strategy to work.

STEP 7 Review the savings made and find out what you can do better in the future.

  • Nick Coleman is a director of healthcare sector procurement specialists ProCure Health Ltd

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