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PREMIUM SERVICE - Business Management Support

This service is for those clients that want a complete business support service to help them focus on their clinical work, leaving us to run and manage the whole financial administration side of the Practice.

Existing Client Quotes

  • "I have just started private practice and I need some guidance and support about what to do?"
  • "My private practice has grown to the point where I desperately need help with its day to day running and business planning."
  • "I have started private practice, but I am getting bogged down with admin, billing patients, chasing payments & keeping my accounting books in order. This is slowing down my ability to grow and enjoy the benefits of my business."

Our Business Management Support services has provided a solution for all of these clients.

Whether you are new to Private Practice and don’t know where to start or you have an established Practice and feel that you need the help and guidance of a professional team to drive your business to the next level.

The JW Medical Management solution is designed to bring all administrative and financial aspects of a Medical Practice under one roof.

Our Business Management Support Service brings together all of the services we offer enabling you to step back from the non-fee generating activities and instead focus your attention on medical matters. Your only involvement in finance/admin should be the review of the Management Reports advising on business performance against specific KPI’s, assisting you to make the necessary decisions to drive the business forward.

Click here to read our client case study - Mr Ioannis Ntanos

This is our Premium Service and includes:

  • Digital Record Keeping ensuring all of your accounting transactions are recorded in accordance with HMRC compliance in "Real Time",

  • Receipts & Document Filing Service ensuring you have all the necessary documentation for HMRC compliance,

  • Supplier & HMRC Payments Service, ensuring your suppliers & HMRC are paid on time,

  • Barclays Premium Client Account, a unique account for your business operations and tax savings,

  • Billing & Collection, issuing invoices to your patients and insurers, liaising with them on queries and collecting payments in,

  • Credit Control, monitoring your outstanding invoices and collecting payment in a timely manner,

  • Debt Collection, chasing outstanding invoices owed to you,

  • Medical Practice Software, helping you choose the right clinical software for your practice and provision of software licence where appropriate,

  • Provide regular meaningful Management Reporting to help you understand the best and worst aspects of the business,

  • Review Meetings to discuss reporting and action plans,

  • Tax & Profit Planning, utilising the in-depth Reporting to gain an understanding of the business’s profitability, and to provide guidance on accumulating tax liabilities. Providing opportunities for tax efficient Profit Extraction.

  • Help and guidance in driving the business forward to maximise profitability,

  • Help and guidance on the right payment services mechanism for your business.

  • Help and guidance on your Terms & Conditions of practice and Data Privacy policies,

  • Help and guidance on your IT systems, Data Privacy, telephone, email, website & marketing,

See how our Business Management Support service has helped some of our existing clients by reading some of these Client Case Studies

Profit / Budget / Reporting

In order to make good business decisions, one set of annual accounts is not enough.

Annual Statutory Accounts are for the Tax Man, Interim Management Reports are prepared for the Business Owner.

JW Medical Management can provide the Clinician with monthly / quarterly financials providing a solid platform for decisions to be made.

  • How many invoices have been paid?
  • How much cash is outstanding?
  • How much tax do I owe to date?
  • Can I take more drawings/dividends?
  • Are there surplus cashflows available for investment?

Interim Management Reports can answer all of these questions & more.

Having all this information provided to you at your fingertips is like the business having its own Finance Director working by your side analysing the performance of your business, transaction by transaction.

Click here to read our client case study - Mr Vik Veer

It empowers you to drive your business forward making it work more efficiently & more profitably. It enables you to make the right decisions at the right time to maximise the profits you draw from the business in the most tax efficient manner.

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