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The long awaited report into the Right of Private Practice remuneration for Doctors in Queensland, attached below, was released this week and has caused much discussion amongst our Clients.
The letter from the Dept of Health Director General on pages 83 and 84 resonates with us and highlights the conflicted objectives when the scheme was introduced. It naturally begs the question which was the primary objective at the time and have things changed?
Two things however are clear:
Firstly, there is uncertainty regarding the current right of private practice options and what this might mean for future work practices, remuneration and consequently relative attractiveness of working publically or privately.
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Secondly, whether a Doctor is working publically, privately, or both, financial certainty can only be provided through their own planning, which is why we do what we do, at Medical Financial Group.
http://www.parliament.qld.gov.au/documents/tableOffice/TabledPapers/2013/5413T2933.pdf
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The financial planning services are provided by Medical Financial Pty Ltd trading as Medical Financial Planning (AFSL 506557)
