Saturday, December 28, 2019

The Opening Words Of Charles Dickens A Tale Of Two...

Do you know what NHS reimbursement you’re entitled to? It’s one of the easiest ways to generate extra income, yet NHS reimbursement is largely an untapped resource. Marie Cahalane takes a look at notional rent and how you can ensure you’re getting what your practice is entitled to ‘It was the best of times, it was the worst of times...’ The opening words of Charles Dickens’ a Tale of Two Cities now ring true for GPs and their practices; pressure is mounting due to severely stretched budgets and increasing demand on services, and yet we are seeing more innovation in the sector, and the NHS is taking measures to support primary care, as evidenced in the Five Year Forward View (FYFV) and specified in the GP Forward View. It has long been recognised that many GP premises have not seen substantial or sufficient investment of late. Through the FYFV, NHS England sought to advocate investment by, for example, paying for indemnity costs before 2020 – up to 100% reimbursement of premises and premises development – as well as initiatives such as the ‘Estates and Technology Transformation Programme’. Practices are eligible for different rent reimbursements, depending on whether the practice is owned by partners or other source. The BMA website breaks theses down into three main categories: ‘leasehold cost reimbursements’, if the practice is a tenant of an NHS property, ‘cost rent’ or ‘borrowing cost reimbursement’ (BCR), where there’s a mortgage, or ‘notional rent’, if the GPsShow MoreRelatedSacrifice for Love: A Tale of Two Cities876 Words   |  3 PagesRevolution began. A Tale of Two Cities by Charles Dickens is set during the French Revolution for about half of the novel. 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