The Big GP Budget Debrief: What it means for General Practice

In this episode of Medicubes, join hosts Chris and Riwka for a comprehensive debrief on the Big GP Budget. They are joined by Kelly Chard, a chartered accountant specialising in medical practices, and Bruce Willett, a general practitioner and former RACGP vice president.

They delve into the implications of the recent budget announcement for general practices. They discuss major changes, including bulk billing incentives, adjustments to GP workforce training, women's health initiatives, urgent care clinics, and key non-health budget impacts on practices.

Key Points:

• Bulk Billing Incentives: Expanded eligibility and the introduction of a new Bulk Billing Practice Incentive Program, which offers a loading for practices committed to universal bulk billing. They highlight the need to carefully consider this initiative, given the potential financial impact and long-term implications on practice models.
• GP Workforce: Government investment in expanding GP training placements and introducing salary incentives to attract more practitioners. 
• Health Equality: Enhancements in women's health services, including new Medicare rebates for menopause health assessments and increased support for contraceptive methods. These were aimed to address existing health service gaps.
• Access and Alternatives: Expansion of urgent care clinics and lack of clarity around the announced changes to CDM (Chronic Disease Management) to CCM (Comprehensive Care Management), with the panel urging practices to stay informed and prepare for potential reforms.
• Non-Health Budget Impacts: Discussion on general tax changes, implications for small businesses, and challenges practices might face, including ATO compliance activities and the cessation of instant asset write-off measures.

Links & Resources:

• Upcoming Changes to Bulk Billing Incentives in General Practice Fact Sheet and Resources: https://www.health.gov.au/our-work/upcoming-changes-to-bulk-billing-incentives-in-general-practice
• Free 2025 Medicare Incentive Tool: https://www.cubiko.com.au/resources/proposed-2025-bulk-billing-changes/

Medicubes is a proud member of the Talking HealthTech Podcast Network - the premier audio destination for cutting-edge insights and thought leadership in healthcare delivery, innovation, digital health, healthcare ICT, and commercialisation. Learn more at www.talkinghealthtech.com/podcast/network.

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