General practitioners often charge just enough to cover their expenses and some are struggling to make ends meet, a survey has found.
The study, commissioned by the Independent Practitioner Association Council, found most GPs made well under $100,000 and at least one, working in a medium-sized city, made only $14,000 after expenses.
The study found that profit margins for GPs were often slim and that higher Government subsidies were needed so they could make a reasonable living
It said some central-city doctors charged more for consultations, largely due to their higher overheads, but most charged between $30 and $45, or less in poorer areas.
From that they needed an average of $24 for overheads and expenses, leaving a profit margin of $6 to $21.
College of General Practitioners president Helen Rodenburg said incentives were needed to lure graduates into GP work instead of higher-paying specialist areas, and to retain experienced doctors.
"The majority of people are getting exceptional value from their doctor," she said.
"Like any small business a general practice must cover its overheads and pay its owners.
"Many GPs are struggling to financially justify remaining in business, and only their dedication to their patients is keeping them there."
- NZPA
GPs in poor financial health, survey reveals
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