Healthcare is a complex and challenging sector. The welfare and care of clients and compliance with regulatory standards must come first but healthcare businesses also want to maintain and improve performance and profitability and plan for the future.

At George Hay, we offer comprehensive expertise and advice to support healthcare businesses – including GP and dental practices and care homes – in operating efficiently and cost-effectively and achieve strategic objectives.

We can support healthcare businesses with all aspects of financial administration, by providing cost-effective, outsourced bookkeeping, payroll, VAT support and accounts services. At a more strategic level, we can advise on issues such as partnerships, practice incorporations and tax-efficient capital investment to develop premises and services.

To assist in forward planning, we can provide an independent, objective view of healthcare businesses to assist in identifying goals and putting in place the tools and actions needed to achieve these. We can also look further ahead, with advice on succession planning.

Our specialists are experienced in practice and care home business valuations, acquisitions and disposals and we can assist with raising finance for expansion and growth.

Our association with an independent firm of financial advisers and insurance specialists also gives healthcare professionals access to advice on protecting and growing wealth, pensions and planning for retirement.

For more information on our services for healthcare businesses, please contact us.