Diamond Health Group

Clear Advice & Confident Decisions: Helping Practices Plan Ahead

Managing a busy GP practice in today’s NHS environment is a constant balancing act. With increasing patient demand, ongoing policy changes, Integrated Neighbourhood Teams, and workforce challenges, having access to timely, accurate financial information isn’t just helpful - it’s essential.

Diamond Health Group, led by three clinical partners and a managing partner, one of which brings the unique expertise of a pharmacist, is a great example of a smaller partnership doing things differently. Despite not being a “super partnership,” the practice manages an impressive patient list with efficiency and innovation.

After outgrowing their previous firm, Diamond Health Group were recommended to Simpkins Edwards by an existing client. They needed a team who could offer clear insight, quick responses, and regular support. GP Partner, Dr Philip Hine, says:

“Since taking over our practice’s accounting last year, the team at Simpkins Edwards have proved themselves to be very efficient, knowledgeable, and approachable. They have helped us to move forward with confidence as a business. I am also grateful for the help they have provided with my personal tax matters.”

Moving Beyond Annual Accounts

One of the first things Simpkins Edwards implemented was detailed quarterly reporting – a service that Diamond Health Group hadn’t received before. In a sector where financial positions can shift rapidly, this level of insight has proved invaluable. It allows the partnership to plan ahead, stay on top of key decisions, and adjust quickly when things change. Pharmacist Partner, Femy Thomas, notes:

“The SE team (Seb & Jenna) has provided us with a clear and thorough view of the accounts, along with detailed explanations. They’re approachable, easy to get in touch with, and quick to respond to emails.”

The healthcare team pride themselves on providing responses that are not only fast but also concise and complete – one message that answers all questions, no need for follow-up. Senior GP Partner, Dr Mala Ariaratnam, shares:

“Inviting Simpkins Edwards to become our Practice accountants has enabled our partnership to face the future with more confident assurance. Their insightful professional oversight, coupled with their ability to summarise accounts with ease and in a timely manner, provides us with the clarity necessary for effective decision making. These attributes are such an important prerequisite for any business to help them make the best of any situation within the fast-moving financial climate that we all experience today.”

Planning with Confidence

The healthcare sector is everchanging. Contract adjustments reshape revenue overnight, while patient numbers fluctuate and directly impact income streams. Add ICB mergers creating operational uncertainty and rising employer NI costs hitting harder without employment allowance eligibility, and it’s clear why practices need to develop a commercial mindset.

Diamond Health Group now has the real-time financial visibility to navigate this volatile landscape with confidence. With regular support and clear insights into their numbers, they can adapt quickly when changes arise – whether adjusting staffing levels, managing new PCN responsibilities, or tackling the evershifting complexities of NHS funding. In this industry, knowing your numbers isn’t just good practice – it’s vital.