How are profits shared between the practices and their members within the GPCo?
It is up to the members to decide how they share their profits. We recommend the share earned by each practice member is determined according to registered patient numbers assuming equal weighting. For example, suppose that there were three GP practices in a partnership with 15,000 patients, 8,000 patients and 6,000 patients respectively. Under this pro-rata methodology, the 50% of the partnerships profits would be shared: 26%; 14%; and 10% respectively with actual payment being made directly to each practice. How the GPs within each practice want to spend or allocate this income is up to them. In the event that the same Assura GPCo wished to admit other staff e.g. nurse practitioners, pharmacists or practice managers, then it would be up to the CMB to devise what proportion of the 50% these staff should share.
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