GP Practices
Our team of specialist healthcare lawyers act for very many GP practices across the Midlands, principally in helping them to put in place or to re-visit their partnership agreements; but also on property acquisition, development and financing.
A properly prepared partnership agreement, prepared by our corporate healthcare solicitors, can help to avoid uncertainty and provide an agreed framework for each of the partners.
There is an increased tendency to provide for maternity and paternity rights, to allocate profit shares by reference to numbers of sessions worked, to re-visit profit shares from out of hours service and the onset of multi- disciplinary partnerships; as opposed to the traditional GP only partnerships.
A partnership agreement should be capable of acting as a framework: as the old adage says “good fences make good neighbours”. A properly prepared agreement should ensure that minor problems or uncertainty do not develop into major disputes.
A GP Practice without a partnership agreement is exposing itself to uncertainty since any one partner could leave at any time. Whilst matters relating to patient lists etc follow a due process: a sudden departure of one of the partners might expose the remaining partner(s) to unnecessary commercial risk and uncertainty – particularly where there is secured borrowing against surgery premises.
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