Chambers, Benefits and Considerations...
Professional Entities
Consultants can practice medicine privately in any one of five different
ways. Each of which need not be to the exclusion of the others. The
five different ways of practicing are:
For a recent further legal review from Mr Michael Bonehill, Solicitor
based on a presentation to the FIPO meeting on 7th March 2004 please
click
here
Objectives and Commitment
Any decision by a group of consultants to form "Chambers"
or another legal structure will depend on their specialist interests,
local facilities and demand and of course, most importantly, the clinical
needs of their patients. No decision should be made without careful
legal and account advice. Partnerships, and to a lesser extent Chambers
arrangements, should only be entered into by consultants who are suited
temperamentally to working together amicably.
 More
objectives and commitment...
More
legal and ethical issues...
Obstacles to Overcome
There are many obstacles to overcome before a successful
group can be formed.
Most consultants are under the impression that they have to disclose
and share their own private practice with other members of the group.
This need not happen if members wish to retain their own private practices.
The group can be set up to accommodate this.
More
about overcoming obstacles...
Exit Route
Most consultants will set the ground rules for joining
a group but ignore rules relating to someone’s departure. In addition,
since a group has a greater financial life span than an individual consultant
then goodwill may become a valued asset as it is for other professionals
including dentists.
The exit route should be discussed at the inception of joining together
as a group and documented as the passage of time can cloud memories.
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