Your missing partner loses you £19,931
By Ian Cameron
A missing partner is worth £19,931 a year to a practice in lost fees and allowances. The sum will be added to the global sum equivalent of practices that were a GP short during the one-year period in which their minimum practice income guarantee was calculated.
The figure falls well below original estimates of £25,000 by GP negotiators.
But GPC joint-deputy chair Dr Hamish Meldrum said £19,931 was an 'undisputed and true' calculation of the revenue a partner would bring into a practice based on up-rated figures from the Red Book. The £25,000 figure had mistakenly included seniority payments, he added.
Dr John Cormack, a GP in South Woodham Ferrers, Essex, said the figure was too low '£20,000 is a ludicrous figure when locum agencies are charging between £3,000 and £4,000 per week'.
Where a vacancy is three-quarter time practices will receive 83.5 per cent of £19,931. A half-time vacancy equates to 63.5 per cent and quarter-time 41.5 per cent.
The calculations were included in a section of the statement of financial entitlements covering unusual circumstances in practices between July 1, 2002, and June 30, 2003 the period for working out the global sum equivalent and whether practices qualify for the MPIG.
The guidance also stipulates how income will be calculated for new practices and those that merged or split during the period (see right).
How the global sum equivalent is calculated for 'unusual' practices:
calculated for 'unusual' practices:
Between July 1, 2002, and June 30, 2003
Practice merger Combine the global sum equivalent (GSE) income for both practices for the part of the year before they merged. Add the GSE income from the merged practice for the rest of the year. If either or both 'old' practices received a correction factor because they were covered by MPIG, the new practice will continue to receive it.
Practice split GSE calculated using the 'old' practice's income, divided pro rata by the list size of each 'new' practice formed. Each new practice then uses its own data for the rest of the period. New practice may be eligible for a proportion of any correction factor that applied to the old practice.
New practice GSE formed from part-year data grossed up to the full-year figure.
Between July 1, 2003, and April 1, 2004
Practice merger GSE made up of the sum of GSEs for each practice during the baseline year.
Practice split GSE based on the 'old' practice's GSE, divided pro rata by the list size of the 'new' practices.
New practices MPIG can still apply, based on GSE data for however long the practice has operated, but increased pro-rata to a full year.