A: A QOF point is calculated based on the contractor's population index. Currently a QOF point is worth £130.51, however this is for a practice with a list of 5,891 patients.
To calculate how much a point is worth to your practice, you need to multiply £130.51 by your practice list size and divide by 5,891. If two practices merge then the practice list will increase and the amount per point will increase, so it will make no difference to your management points if you merge two GMS practices or keep them separate.
For example, if you have one practice with a list size of 5,891 patients and another practice with a list of 2,000 patients, a QOF point is worth £130.51 and £44.30 respectively. If these two practices merge then the list is 7,891 and a QOF point is now worth £174.82.