Industry Analysis & Industry Trends
General medical practitioners (GPs) are primary caregivers (i.e. they are the first point of contact for people seeking health care) and they are trained in the total health care of the whole person. GPs are the gatekeepers in the health-care system, referring patients to secondary health-care providers like hospitals and medical specialists. GP services account for about 9.0% of all National Health Service (NHS) expenditures and GP prescribing accounts for an additional 9.0% of the NHS budget.
The General Medical Practices industry is expected to generate revenue of £10.2 billion in 2012-13, up 0.5% from the previous year. About 390 million GP services will be provided in the United Kingdom in 2012-13, representing about six services per capita... purchase to read more
Industry Report - Starting a New Business Chapter
It can take time for a new general medical practice to build a patient base. NHS patients must register with a particular GP practice to gain access to NHS health services in their area. In addition, patients can build loyalty and rapport with their existing GP, and may be reticent to change their GP or GP location. There has been a decline in the number of single-hand practices. On the other hand, a GP could acquire equity in an existing practice, thus potentially providing immediate access to an existing patient base.
It can be difficult to attract and retain trained and experienced GPs, particularly outside capital cities – although the UK government provides incentives for GPs to work in rural areas... purchase to read more