Will you gain or lose under changes to the 2014/15 GP contract that come into force next April? For an instant idea of where you might stand, take a look at the comparison (below) of the effect of contract changes on three example practices of different sizes and profitability.
Click on the table to view it as a PDF (in larger print).
The comparison suggests that moving money from QOF to core funding is likely to benefit poorer performing practices. After all, if you did badly with QOF, and never gained this funding, you will now find yourself receiving a share of the resources released back into core funding. The same is true for patient participation and the two DESs that will be reinvested in the global sum, which appears to be a backtrack from the quality initiative of 2004.
We would like to know how you will fare under the new contract and your views on the negotiated deal. Please comment below or send comments or contract queries (which we will endeavour to answer) to Medeconomics' associate editor Sarah Wild (firstname.lastname@example.org).
- Laurence Slavin is a partner with Ramsay Brown and Partners Chartered Accountants who specialise in the finances of GPs.