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East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

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Page 1: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

East Norfolk Medical Practice

Merger of 3 practices in Great Yarmouth 2013

Jonathan Knights – Managing PartnerKaren Mitchell – GP Partner

Page 2: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Where we were

• 2 GMS – 8,500pts between them struggling with recruitment,

financial pressures • 1 PMS – 12,200pts 2 sites successful, profits consistently

increasing over 5 years

Page 3: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Why?

GP

Recruitment

Reducing income/ increased demand

Private providers

Opportunity for more services to patients

Opportunity to diversify and increase non NHS income

Page 4: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Why?

• To maintain traditional general practice on a financially viable scale

Page 5: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Where we are now• 5 new GPs recruited• Improved profitability/ income

maintained• GPs feel supported and can pursue

individual interests • Personal continuity of care with

improved access• Traditional general practice maintained

Page 6: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Considerations

• How long will it take?• How much will it cost?• How will we form – merger/take

over?• How will we work together?

Page 7: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

The “little” things!

• Due diligence• Legals• TUPE• Redundancies• Contracts• Premises/ property ownership• Asset valuations + contributions

Page 8: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

The “big” things!

• New identity• People• Culture• Leadership • Pace• New ways of working

Page 9: East Norfolk Medical Practice Merger of 3 practices in Great Yarmouth 2013 Jonathan Knights – Managing Partner Karen Mitchell – GP Partner

Next stepsYour next steps? Merger, restructure, business redesign, do nothing

Our next step was:Winners of RCGP Practice Team of the Year

Birth of GP Business Support to assist with: Mergers, restructure, cultural change, change

management, business redesign, training etc.

Contact: [email protected]