Is the financial data about your private practice fit for purpose? Simon Brignall advises consultants to ensure the important area of practice information reflects the needs of a modern private practice.
It is important for all businesses to keep accurate financial records and ensure data published across a variety of platforms is accurate.
But for consultants working in private practice this can prove quite a challenge on top of the requirements to maintain clinical information about each patient’s treatment.
I have come across many private practices who experienced difficulties in this area resulting in:
Cash flow problems;
HM Revenue and Customs (HMRC) issues;
Unnecessary problems with patients.
Published private practice information
As private practice information is available to patients across a wide range of platforms, it is easy to lose track of all the sites where this data is stored. Keeping it up to date can prove challenging.
Consultants often have information about their practice included on the following:
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