Healthcare
Financial Modelling & Practice Benchmarking
Actionable insights and comparative data to help medical partners understand their practice’s performance and identify opportunities for growth.
Insight beyond the numbers
Is your practice performing as well as it could be? For most GP partners, looking at your own year-end accounts in isolation provides only half the story. To truly understand your operational efficiency, you need to see how your income and expenditure compare to similar practices in your region and across the country.
Armstrong Watson provides enhanced healthcare benchmarking. As Members of AISMA we have access to a database of medical partnerships to provide you with a "practice health check" that highlights areas for improvement and opportunities for growth.
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Get in touch with our Sector specialists
Contact the teamThe power of comparative data
We break your practice down into key performance indicators (KPIs) that matter to healthcare leaders:
Income Per Patient
Comparing your GMS/PMS income, QOF achievement, and Enhanced Services revenue against peer averages.
Staffing Ratios
Analysing your spend on clinical staff, administrative support, and management. We can look at your Locum Spend as a percentage of total turnover—a key metric for financial stability in the current market.
Profit Per Partner
We identify why some practices achieve higher partner drawings than others, even with similar patient list sizes.
Dynamic financial modelling
Benchmarking tells you where you are; modelling tells you where you are going. We provide forward-looking models for:
Partner "What If" Scenarios
What happens to drawings if a partner retires? What if we hire an additional Salaried GP instead of a Locum?
PCN Funding Shifts
Modelling the impact of changes in ARRS funding or IIF targets on your bottom line.
Capital Projects
If you are considering a surgery extension or a move to a new "Health Hub," we provide the sensitivity analysis that banks and the NHS require for funding approval.
Get in touch
Get in touch to speak to one of our specialist advisers and explore how we can help you.
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