Benchmarks for General Practices in Australia

Running a medical practice is a business. Like any business, you need to know your Key Performance Indicators (KPIs). How does your clinic stack up against the Australian average?

Key Benchmarks (GP Clinics)

• Staff Costs (Non-Medical): Should be 18% - 22% of gross practice fees. If this is higher, your admin processes may be inefficient.
• Rent: Should be 5% - 8% of gross fees. Location matters, but paying too much rent kills profitability.
• Service Fee Income: Typically 30% - 40% of the doctors' billings. This is the fee retained by the practice to cover overheads and profit.

Doctor Efficiency

A full-time equivalent (FTE) GP typically bills between $400k - $600k per year depending on billing style (Bulk vs Private). Tracking billing per hour is a key metric for improving practice revenue.