Property Management

We are facing multiple challenges and there is an apparent disconnect between managing your healthcare practice and delivering contracted medical services.  Whilst the ownership of the practice can be separate from the service provision, it is usually the doctors who own and provide medical services. This 3-hour workshop covers various property issues which have a direct impact on the practice.

This workshop is designed to help practice managers, GPs and GP Partners develop a full understanding of property management including lease management and notional rent.

Benefits of this course:

  • See how effective property management achieves greater value from your premises
  • Understand the need for property management in your multi-disciplinary expansion plans
  • Learn best practice when putting a lease in place and how to mitigate risk
  • Discover why, how, and when to check your notional rent, and how and why abatements are applied
  • Helpful web links and guidance notes will be provided throughout
  • Interact with the speaker to resolve questions throughout the day
  • Benefit from a post-workshop summary and support.
  • Doctors

  • Nurses

  • Practice Managers

  • Healthcare Professionals

Workshop Outcomes

Participants will improve their understanding of property management, lease provision and notional rent responsibilities.  The module will demonstrate how adopting industry best practices will help to mitigate risks and maximise revenues for the practice and partners from property assets.

Workshop Agenda

Below is an outline of the proposed agenda, if you have any questions please get in touch.

Introduction and Welcome – Overview of the Programme & Objective
Open Forum – identifying your challenges
Succession planning

  • Situational analysis
    • Retirement planning – the key considerations
  • What are the options available? Advantages and Disadvantages
    • GP partners to buy out retiring partner
    • Sale and leaseback
    • Sale and transfer of medical contract
  • Plan now for tomorrow
    • Overview of key elements to consider
When does a GP practice require a lease?

  • What is a lease?
  • Why should a GP practice have a lease?
  • Benefits of having a lease
  • Landlord
  • Tenant
  • Dangers and drawbacks of not having a lease
  • Case examples/scenarios
Boosting surgery income

  • Why double-check your Notional Rent?
  • How to challenge your Notional Rent
  • Practice property improvements and abatements
    • Under the premises cost directions
New models

  • Why are mergers taking place?
  • Planning your real estate strategy!
  • Key takeaways – plan a personal route map
Open Forum – Questions & Discussions
Close