Author: David Dahm

Founded by CEO David Dahm, Health and Life does more than just your tax return. We work with like-minded, aspirational and ethical people to build a sustainable and socially responsible healthcare system. Unlike David, you shouldn't have to nearly die to start living your dreams. "After working long hours as an accountant, I had a car accident at 5:30am while asleep at the wheel and hit a tree. I very nearly lost my life. It was then that I decided to become a patient advocate as well as an accountant."

Australia’s Most Trusted Doctor!

As reported last week in  on the 8th April 2016 at Sydney Novotel Darling Harbour, David Dahm is honoured to be invited to speak with an eclectic group of speakers. This includes the controversial  Dr Charlie Teo, who was voted Australia’s most trusted person in 2014 by Readers Digest subscribers and Professor Barry Boettcher, a blood…

How much do Doctors earn?

There are some surprising and not so surprising statistics on the money that a Doctor earns compared to other occupations. The disparity between male and female practitioners is interesting to note. Clearly there are exceptions to the rule. We need to keep in mind that Doctors commit to a lot of training throughout their careers. There can be…

2016 A New Tax Blitz on Practice Trusts/Companies and Payroll Tax!

As both State and Federal Governments continue to struggle for money, the medical profession is increasingly becoming a low hanging fruit opportunity. Poor understanding, documentation or a less than wise frugal approach is landing some doctors and practices into hot water. To be fair, setting up and running a practice can be a complex affair.…

Why are new GP’s terrified of Practice Ownership?

Why are new GP’s terrified of Practice Ownership? The fear factor…!  News reports http://www.healthandlife.com.au/wp-content/uploads/2016/01/Id-be-terrified-Why-new-GPs-fear-practice-ownership.pdf that new GPs are terrified of practice ownership is more a myth than a reality. Ignorance is the source of much unnecessary fear. Clearly many practice do not have any succession planning programs in place which is breeding much uncertainty in practice.…

Got a spare appointment Doc? New immunisation law – no jab no pay from 1 January 2016 plus more!

Got a spare appointment Doc? New immunisation law – no jab no pay from 1 January 2016 plus more! The financial incentive for your children to get an immunisation jab is on. It may improve your health and wealth. We always believe in empowering patients to have freedom of choice through education. This is a personal family decision…

Congratulations: More clients making the RACGP National Awards!

Congratulations to Littlehampton Medical Centre and Inglis Medical Centre. They both feature in the latest national RACGP (Royal Australian College of General Practitioners) magazine. The RACGP each year recognises practices for their approach to patient’s health and wellbeing. The award criteria takes into account a number of factors, including services offered to patients, health promotion…

Do you use standard contracts/agreements in your practice? Are they legally binding? New ACCC Law 2016

Do you use standard contracts/agreements in your practice? Are they legally binding? New ACCC Law 2016 This new “standard form” law is designed to protect smaller parties such as contractors, employees and suppliers from unfair contract terms and conditions. If there is a breach, this term or agreement may not be legally enforceable. “A standard…

New Pathology Pain: Warning for GP Practices: There is a price for certainty!

New Pathology Pain: Warning for GP Practices: There is a price for certainty! Practices are on notice. In December 2015, the Senate proposed dramatic changes to reduce patient pathology and radiology rebates. These were announced by the Government late last year. We advise our pathology and radiology related clients that these changes in government policy may…

Your doctor is being set up to fail – the evidence so far …!

It is time to end the blame game, defend doctors and provide an actual solution for restructuring the MBS, following the comments from Federal Health Minister Sussan Ley in the wake of the recent 4 Corners report see http://www.abc.net.au/4corners/stories/2015/09/28/4318883.htm and http://www.healthandlife.com.au/wp-content/uploads/2015/09/TV-show-points-finger-at-GPs-for-much-of-Medicare-waste.pdf. These statements were comments on the alleged rampant misuse of outdated Medicare Benefits Schedule (MBS)…

Succession Planning – Will Practice Manager co-ownership save healthcare practices?!

Practice owners are increasingly interested in what we call succession planning paralysis. There are three important things to consider. What is succession planning, how do you find a purchaser and what is your Practice worth? The perception that there is a continuing workforce challenge, increasing complexity, declining fee growth rates and profit margins has resulted…

2015 Budget: Tips and Traps?!

There has been a lot of media coverage and how it may impact you. This is a brief and practical summary sourced from the Actual Budget Papers on what you should ask your advisers. The two parts that we think are particularly significant are below in Health – 10 significant healthcare changes  and  Tax – 6 tax…

Why Restructure?

Less Pain if you Restructure your Practice Now! Five simple reasons why practices should restructure now before it becomes a more expensive headache! (For a positive restructuring experience before 1st July contact David Dahm at pa@healthandlife.com.au or 1800 077 222). Significant health reform will affect everyone.  The government is proposing to extend the Medicare freeze for…

BREAKING NEWS – Federal Health Minister offers your GP a lifeline!

Breaking news! Federal Health Minister offers your GP a lifeline! The national media have reported that the Federal Health Minister is open to doctors charging an “additional fee” when a patient is bulk billed. This provides practices an excellent opportunity to overcome a six year Medicare freeze (the first Medicare freeze commenced in 2013). We…

BREAKING NEWS – “David, should I fire my young GP Registrar?!”

Breaking News – Latest update 1st March 2015 We continue to express concern about the viability of training positions, that the new 2015 national minimum terms and conditions impose on practices. All GP registrars must now be employed. We note the 2015 national minimum terms and conditions wages are on average 30% higher than the Award. Special Fair Work…

Photo Gallery

David was invited to present on Social Intelligence in the workplace at Flinders University 2016 2016 Chartered Accountant Achiever program – Congratulations to Morales Espinoza Giovanna Chatting with the Foreign Minister… it was a busy year! Another day and another catch up. David with the Foreign Minister Julie Bishop – so what were we talking about?…

Can you trust your doctor?

  In most areas of our lives we accept that when we are hiring the skills or expertise of others that we are, in effect, yielding to a greater authority. This is often true of everything from financial advice, to legal advice, to mechanical and car related advice or even paying for a meal prepared…

New Tax Office Warning – your practice could be facing a double risk?!

Breaking news : Watch out doctors ATO takes aim! I raised this news story with the Medical Observer last week and it made the headlines see: http://www.medicalobserver.com.au/news/frypan-to-fire-tax-traps-for-gps and http://www.medicalobserver.com.au/news/watch-out-docs-ato-takes-aim. Unfortunately, if your doctors or practitioners are affected by the recent Federal Tax Office announcement then your practice may be simultaneously exposed to a significant payroll tax…

Finalist State National Owner Manager of the Year! – David Dahm

I am delighted and humbly honoured to have made the State National Finals! Thanks to the Australian Institute of Management for accepting our nomination of national Owner Manager of the year for 2014. The Australian Institute of Management runs an annual Excellence Award that we are proud to be a small part of. Many thanks to my…

Are you letting go of your nursing staff?

BREAKING NEWS 20th October 2014 – Medicare reverses its decision New Double Dipping Ban is on from 1st November 2014!! If this happens then the read the rest of this article about what you need to think about. For some practices either redeploy your staff or start doing things differently. Let us know what you think! http://www.australiandoctor.com.au/news/latest-news/double-dipping-ban-to-hit-on-1-November…

1st July 2014 new Award pay rise or freeze and more?!

The budget has a number of overwhelming changes that could seriously impact your practice. Here we cover the two most important ones, and provide a practice solution for your organisation. On the 1st July 2014 wage rates should be increased by 3% p.a. For practices that predominantly receive the Medicare Benefit Schedule rebate, the rebate has been frozen…

Greedy Doctors?!

Fast Medicine puts your health at risk! Is this fair? Can you imagine if your boss told you “Your wages will be frozen for the next 4 years and your hours will be cut by 20%” while the cost of electricity, groceries and other living will continue to increase by 3% p.a. (Breaking news: It was announced…

Are you prepared to pay $7 to see your GP?

What do you think? The media has reported an immediate drop in GP visits see Most private and mixed billing practices we have interviewed, state their patient numbers have held steady. Dr Pasquale Cocchiaro (Family GP) says.. “We have noticed a slight decrease in numbers since the announcement, but there is confusion about when it is to be…

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