Sep 246 min read

Five Common Financial Management Mistakes Made by Primary Care Networks

We asked MHA, an Independent UK member of Baker Tilly International and provider of audit, tax, consulting, and advisory services, to provide some advice to support primary care networks in improving their financial management.

This blog will summarise their masterclass, where they provided insight into the Five Common Financial Management Mistakes Made by Primary Care Networks which were:

1️⃣ Lack of Investment

2️⃣ Not choosing the right accountant

3️⃣ Using single column accounts

4️⃣ Losing track of the ARRS spend

5️⃣ Lack of network discussions

This blog also provides some key questions for you to consider to improve your financial management moving forward.

Let's Jump in!