Healthcare accounting can help newly qualified medics

Published on March 2, 2012 by Crawfords Accounting

Professional healthcare accounting from our expert team of Manchester accountants can help you to manage the transition from being a student to becoming a well-paid doctor.

The university route to becoming a doctor is lengthy and costly, and can leave new graduates with considerable debts, including – but not limited to – a sizeable student loan.

With a good level of income from early in the career, however, doctors are well placed to repay high-interest debts quickly and eliminate their student loan ahead of schedule.

Figures from the Co-operative Bank show 70% of all Britons now have a debt problem, which has worsened in the past year for one in two.

Kim Stephenson, psychology and finance expert, says: “Confronting the problems now will start you on the road to making your finances healthier.”

Our Manchester accountants can help those entering a career at one of the city’s respected medical institutions to determine their after-tax income, outgoings and total personal debt.

With this knowledge at your disposal, you can begin a process of healthcare accounting that will allow you to keep your finances as healthy as possible throughout your career.

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