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02-04-2024, 02:51 PM
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Quote:
Originally Posted by Unregistered
Raffles profit just regress to pre covid
Their number of clinic still high 30s to 40s
Healthway always got a problem ma.
10 years ago they even own their GP salary
No one who knows will go join them
Onecare has some clinics that are very very profitable
The new ones not so
They gunning for size now.
Fullerton is B2B lei. They don't pay a lot to begin with but their job is damn chill
To that someone who keep asking for reputable clinics
Go out and locum and learn about the landscape and make your decision yourself
Anyway these small chains want to hire someone who can hit the ground running
Not some jaded eye or ent wannabe who fail to get residency
for 5 years and now want to go to gp land
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I have done a few locums but sometimes it's hard to judge. You may like a clinic because you like the pt profile, ca, it system, manageable load etc.., but you don't really know the cost of running the clinic. Hence hard to judge if it's profitable or not. Unlike raffles for eg who is a listed company (can see on their financial report).
Also some of my ca also tell me, bill size does not equate money into clinic. Sometimes there may be issues with claim process (or certain cap with insurance), hence may not always get full amt in the bill size
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02-04-2024, 04:00 PM
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Quote:
Originally Posted by Unregistered
Raffles profit just regress to pre covid
Their number of clinic still high 30s to 40s
Healthway always got a problem ma.
10 years ago they even own their GP salary
No one who knows will go join them
Onecare has some clinics that are very very profitable
The new ones not so
They gunning for size now.
Fullerton is B2B lei. They don't pay a lot to begin with but their job is damn chill
To that someone who keep asking for reputable clinics
Go out and locum and learn about the landscape and make your decision yourself
Anyway these small chains want to hire someone who can hit the ground running
Not some jaded eye or ent wannabe who fail to get residency
for 5 years and now want to go to gp land
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That happened at Healthway twice.
First time was when they were bled by Island Orthopedics.
2nd time becos of Mr Fan Kow Hin.
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02-04-2024, 04:48 PM
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hi may i ask how do i attain the 20% core CME points if im not an anchor? i have non-core points but not sure how to attain "core" points
SMC requirements:
50 CME points, of which 20% or 10 points shall be core points in each of their registered specialty and/or in Family Medicine.
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02-04-2024, 05:02 PM
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Quote:
Originally Posted by Unregistered
I have done a few locums but sometimes it's hard to judge. You may like a clinic because you like the pt profile, ca, it system, manageable load etc.., but you don't really know the cost of running the clinic. Hence hard to judge if it's profitable or not. Unlike raffles for eg who is a listed company (can see on their financial report).
Also some of my ca also tell me, bill size does not equate money into clinic. Sometimes there may be issues with claim process (or certain cap with insurance), hence may not always get full amt in the bill size
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Locum more lo
Walk around
See the clinic name
Write in and say U like a job with them
Can I locum with you first?
What's so hard
U want safety
1. Public job
2. Raffles
That's it.
U join a 'profitable' chain but turns out U can't turn a profit as an anchor U also get chop
U join a chain hardly scrapping but by the power of your charisma U singlehandedly turn the chain profitable, U can bargain for equity
Get it?
In other words, U ey kan, U will make it anywhere
U buay gan, better dun lust after the easy money of private gp
So U ey gan or buay gan?
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02-04-2024, 05:28 PM
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no group has ever chopped doctors for sole reason of poor financial performance. At most u get lower variable bonus. Every group has their share of bulldozers who can clear loads fast but invite the occasional complaint, and some higher educated docs who has more to talk and give TLC with reputational returns.
1-2 groups used to send silly "warning" letters to their clinic branches each month when their balance sheets are in the red, as if the anchor doctors can stand outside the clinic & wave their underwear to get more load. Believe this practice has stopped.
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02-04-2024, 05:46 PM
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Quote:
Originally Posted by Unregistered
no group has ever chopped doctors for sole reason of poor financial performance. At most u get lower variable bonus. Every group has their share of bulldozers who can clear loads fast but invite the occasional complaint, and some higher educated docs who has more to talk and give TLC with reputational returns.
1-2 groups used to send silly "warning" letters to their clinic branches each month when their balance sheets are in the red, as if the anchor doctors can stand outside the clinic & wave their underwear to get more load. Believe this practice has stopped.
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With rents hitting 39k?
bottom line is the bottom line
U dun make money , I dun make money.
U mean the boss will go,a, poor thing. He's got a wife 2 kids with a 3rd coming.
It's ok. Give him more time. He will make it good.
Remember last 3 years are covid years.
Business so good that solo GP can charge GST.
U see the next few years how things go.
No easy money liao
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02-04-2024, 06:14 PM
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Quote:
Originally Posted by Unregistered
With rents hitting 39k?
bottom line is the bottom line
U dun make money , I dun make money.
U mean the boss will go,a, poor thing. He's got a wife 2 kids with a 3rd coming.
It's ok. Give him more time. He will make it good.
Remember last 3 years are covid years.
Business so good that solo GP can charge GST.
U see the next few years how things go.
No easy money liao
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I am in one of the large gp groups now. Closing a clinic due to poor margins is very common, and they are always opening in new locations. The anchor whom clinic is closed usually get shifted to another clinic, or becomes a roamer - i.e they cover different clinics everyday. They are not sacked.
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02-04-2024, 08:30 PM
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Quote:
Originally Posted by Unregistered
Locum more lo
Walk around
See the clinic name
Write in and say U like a job with them
Can I locum with you first?
What's so hard
U want safety
1. Public job
2. Raffles
That's it.
U join a 'profitable' chain but turns out U can't turn a profit as an anchor U also get chop
U join a chain hardly scrapping but by the power of your charisma U singlehandedly turn the chain profitable, U can bargain for equity
Get it?
In other words, U ey kan, U will make it anywhere
U buay gan, better dun lust after the easy money of private gp
So U ey gan or buay gan?
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quite strange to keep hearing Raffles haha.
Lowest pay amongst the groups and work you till your last drop of blood, your last mole of ATP.
Only thing is they can take conditional reg doctors.
If you're not conditional reg, lots of greener pastures.
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03-04-2024, 01:06 AM
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Quote:
Originally Posted by Unregistered
hi may i ask how do i attain the 20% core CME points if im not an anchor? i have non-core points but not sure how to attain "core" points
SMC requirements:
50 CME points, of which 20% or 10 points shall be core points in each of their registered specialty and/or in Family Medicine.
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MCQs in SMJ ( need to be SMA member )
MCQs in SFP ( need to be CFPS member )
If your own group isn't organising CMEs, look out for external GP CMEs by PHIs, PCNs, pharmas, pte hospitals etc
It isn't difficult
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