The market value of a pathology rent is an unnecessary concern for practices. Our blog series on pathology rents demonstrates there is a right way and a wrong way to negotiate rents.
According to the Royal Australian College of General Practice all major pathology corporations are requesting a 50% reduction in their rent from General Practice.
As the Guardian media nationally reported David Dahm from Health and Life had estimated a $7,000 to $15,000 p.a. of lost income per Full time equivalent GP.
If you accept you may be insolvent and be forced to increase what service fees you charge your GP’s to keep your doors open.
If you have received one of these letters you do not have to agree.
Click on this template on how to respond and for more information on what to do next.
There are up to two types of leases that we have produced with an independent law firm, a practice may have namely:
Head lease Commercial property leases between property owners and the practice to ensure they are sub-lease friendly and encourage succession planning.
Sub-lease These are leases where there is a head lease in place where the tenant has an opportunity to sub lease the same premises. The deregulation of pathology licences on 1 July 2010 resulted in a ‘gold-rush’ of pathology collection centres being established in general practice. For Health and Life clients only, we also introduced a lease tendering service to ensure competitive rates are paid for collection centres.
How do we get the best leasing deal for you
Who do you contact about legal questions?
If you have any legal questions in relation to the practice agreements Template documents, then you can use the legal helpline that the law firm Hamilton Bailey Legal and Maddox Lawyers (via Cleardocs) provides to Health and Life. They are our preferred independent lawyers. They sign-off on master documents.
The first thing to do is ring us. We will arrange for you to speak with the right legal firm for you.
If you require other legal advice in relation to your particular circumstances, then this will be charged for.