‘Best-practice payments’ could impact healthcare accounting

Published on January 13, 2012 by Crawfords Accounting

Healthcare accounting may become more complex in the years to come, with the proposal of a payments system that recognises “good and excellent practice”.

That is one suggestion made by the NHS Future Forum in its latest set of recommendations, the second report made to health secretary Andrew Lansley.

“We want to see increased consistency and quality in education and training,” the document says.

It adds that this calls for “a payment system which reflects good and excellent practice and a live conversation about the importance of education and training”.

But it warns that such a move could prove difficult to adopt, due to the way in which it challenges the existing methods of recruiting and training NHS employees.

Accounting for doctors, nurses and other healthcare employees could become much more complicated if pay is based on performance in the years to come.

However, there are already plenty of complexities in healthcare accounting, making it important to seek professional help in order to avoid pitfalls such as paying too much tax.

At Crawfords, we can help to highlight some of the areas of accounting for doctors and nurses where particular attention is needed – and can guide you through those legislative minefields to keep your finances in order.

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