21.4 Owning a Medical Practice: how to give yourself the best chance of success
Tracks
Crown Ballroom 3C
| Saturday, October 25, 2025 |
| 1:10 PM - 1:40 PM |
| Crown Ballroom 3C |
Speaker
Mr Stan Stavros
Councillor
SBM Stavros Chartered Accountants
Owning a Medical Practice: how to give yourself the best chance of success
1:10 PM - 1:40 PMAbstract Overview
Stan will be providing you with examples of what does and doesn’t work in privately owned medical practices. He will cover:
• Start-up choices that set clinics up for success
• Billing do’s and don’ts and fee-setting frameworks.
• Payroll tax traps, contractor agreements, and when to seek advice.
• Creating cultures that retain GPs and key staff;
• Cash-flow management and core benchmarks owners should track weekly.
• Growth paths (adding rooms, allied health, satellites) and when to pause expansion.
• Owner wellbeing: boundaries, leave, succession, and building a business that’s sale-ready.
• Start-up choices that set clinics up for success
• Billing do’s and don’ts and fee-setting frameworks.
• Payroll tax traps, contractor agreements, and when to seek advice.
• Creating cultures that retain GPs and key staff;
• Cash-flow management and core benchmarks owners should track weekly.
• Growth paths (adding rooms, allied health, satellites) and when to pause expansion.
• Owner wellbeing: boundaries, leave, succession, and building a business that’s sale-ready.
Biography
Stan lives in Albury in NSW. He is a Chartered Accountant whose clients are predominantly GPs in rural and remote Australia. He not only does traditional type accounting/tax work for his GP clients, but also helps them and their communities develop viable and sustainable models of medical practice to help keep them practicing in their towns. He travels regularly to rural and remote communities to work through the issues and modelling. He knows that all communities are different, and that one size does not fit all.
