Medical and healthcare
Our medical and healthcare group is made up of specialist medical accountants who advises a wide range of clients across the medical and healthcare sector, including:
- Residential nursing/care homes
- Medical suppliers
Recent changes in Government policy and the radical reform of the National Health Service (NHS), together with changing commercial realities, have meant many medical practitioners are facing difficulties with budget and resource management.
Issues such as fund holding, budgeting and forecasting have become vital concerns in medicine. And in dentistry, the growing unwillingness of many to work within the constraints and the financial restrictions of the NHS have compelled them to become, in effect, businesses subject to normal commercial pressures.
These are difficult times, but the sweeping changes affecting the medical profession also present some significant opportunities.
HW Fisher’s medical accountants can help medical practitioners respond to these challenges. Our dedicated team provides expert advice on issues such as:
- Partnership issues
- Property acquisition
Tax has also become a major headache, with HM Revenue & Customs (HMRC) paying close and often unwelcome attention to the affairs of medical practitioners. Full-scale investigations are increasingly common. In such a climate, medical practitioners have to be advised and supported by medical and specialist NHS accountants who understand their profession in detail. It is equally important that they are represented by a firm that is experienced in HMRC negotiations at the highest level.
As well as our expertise in all aspects of finance, tax and general business matters, our medical and healthcare group has a thorough understanding of the medical world and provides genuine value for money. In addition, by drawing upon other departments within HW Fisher we can advise you on the information technology and property matters you need to know.