Pinnacle Business

GST Change on 1 October 2010
Pinnacle Information Letter
The following letter from Pinnacle was sent to practices in August outlining the impact to their businesses of the GST change on 1 October 2010.
Ministry of Health Letter on Fees
The following template letter has been issued by the Ministry of Health outlining how practices can consider applying the GST increase to their funded patient fees:

Annual Statement of GP Reasonable Fee Increases
The Annual Statement of GP Reasonable Fee Increases for the 2009/10 has been released by LECG on behalf of DHBNZ. A copy of the 2009/10 Annual Statement can be viewed here:
Annual Statement Calculator Tool - Guide
The Annual Statement Calculator Tool Guide has been provided to guide practices through the use of the Annual Statement Calculator Tool. This tool is provided to assist all practices that are not Very low cost funded practices. You will receive the guide and the tool for your individual practice via email from your practice liasion. If you do not receive your guide or tool or have any problems utilising the tool when assisted by the guide please contact your practice liasion.
Non-VLCA Practice Fees Feedback Form
The Practice Fees Feedback Form has been created to assist non-VLCA funded practices to submit their new fees to Pinnacle. Please fill out the feedback form with the help of your Annual Statement Calculator Tool - Guide.
Very Low Cost Access Funding
From 1st July 2010 the Maximum Fee Threshold for Very Low Cost Access funded practices is changing. The new fee threshold is shown in the table below.
| Age Band | 0-5 yo | 6-17 yo | 18+yo |
| Maximum Fee Allowed | $0.00 | $11.50 | $17.00 |
If you decide to change your fees we would request that you send us a VLCA fee Changes form available
Strategic, Business and Financial Planning
Pinnacle recently hosted a presentation by Shaun Phelan, National Manager - Business Advisory Service for Medical Assurance Society. Shaun discussed the importance of planning for a general practice with particular focus on their strategic, business and financial planning.
These videos can be viewed at the following links
1.Strategic Planning
Duration: 33 minutes
2.Business and Financial Planning
Duration: 25 minutes



