Health

In response to the coronavirus pandemic, the Australian Government made temporary telehealth items available through Medicare to help reduce the risk of transmission and provide a safer way for patients to receive medical assistance. This applies to patients of GPs, specialists, dentists, maxillofacial surgeons and mental health professionals, among others....
Read More >

As advisors to a significant number of medical professionals, we often see these professionals make less than optimal financial decisions throughout their working career and at retirement. Given the level of commitment and discipline medical professionals need for their careers, finances can often “take the back seat” and decisions can...
Read More >

On 6 October 2020 the Federal Budget was handed down and there were no real surprises either good or bad, although there were some items of interest for Medical Practices and Practitioners, as detailed by Belinda Hudson below. COVID-19 Telehealth As previously announced, the temporary MBS telehealth codes continue through...
Read More >

COVID-19 has been a challenging time for everyone, particularly business owners, including those who are trying to run a medical practice. This period has put the ‘acid test’ on a lot of systems and procedures that have otherwise been left unchecked, with many found wanting. Here at William Buck, we’ve...
Read More >

It can be hard to know when to sell your practice. There may never actually be a “right” time. As such, holding on for that optimal point may just be holding you back from the next phase of your life. When you are thinking about stepping back from ownership, remember...
Read More >

Over the last three years, there’s been a large increase in the number of medical practitioners subjected to a peer review by the Professional Services Review Agency. With the increase in data matching and the use of algorithms to monitor and review inconsistencies, it’s likely that these numbers will continue...
Read More >