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Financial Management & Funding

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money-pay-summary

CPE calls for financial support following NLW increase

The negotiator has written to the Chancellor to express its “deep concern” about the financial impact of the wage rise on community pharmacy.

04 Dec 2023

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Autumn statement: Living wage increase a ‘death blow’ to pharmacies

National Living Wage to rise by 10 per cent to £11.44 an hour, Hunt announces

22 Nov 2023

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Doctors complain Pharmacy First will create ‘significant’ funding disparity

Pharmacies will get 'more than double' the per-consultation rate GPs receive, claims DAUK

21 Nov 2023

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CPE confirms £645m is new money but questions remain over IT

Company Chemists’ Association chief executive Malcolm Harrison said the launch of Pharmacy First was “a huge vote of confidence in the sector."

16 Nov 2023

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GPhC makes ‘difficult decision’ to implement 7.5% fee hike

Regulator presses ahead with deeply unpopular fee hike, citing increased operating costs

15 Nov 2023

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Editor’s view: Stirrings from Sheffield

Pharmacy’s reimbursement system is finished. Urgent reform is needed or more businesses will bite the dust, says PM editor Richard Thomas.

01 Nov 2023

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Dispensing doctors facing ‘cashflow crisis’

Hundreds of dispensing doctor practices in England are facing cashflow problems after a sharp drop in fees.

27 Oct 2023

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DHSC hits back at independent panel’s funding criticisms

Department 'does not agree' with panel view that progress on funding is too slow

19 Oct 2023

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Soni: Pharmacies must seek opportunities outside negotiated contract

A new contract may offer 'sustainability' but not necessarily profits, Ash Soni warns.

21 Sep 2023

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North-East pharmacy group placed into administration

Northcare Limited and Medway Limited, the holding companies for eight pharmacies, have faced financial challenges.

21 Aug 2023

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Pay rise for doctors ‘unfair’ to pharmacy, says CPE chief

Pharmacy sector needs a pay rise, Janet Morrison argues

17 Jul 2023

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Success of walk-in consultation service led to more funding

A pharmacy walk-in consultation scheme for minor ailments in Humber and North Yorkshire was so successful that it surpassed its service cap and secured another round of funding.

20 Jun 2023

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Government’s £645m pharmacy services investment not enough, AIMp tells Treasury

Pharmacy First 'financially low viability' without additional core funding, officials told.

14 Jun 2023

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Pharmacist pair briefs politicians on ‘crisis’ situation in Northern Ireland

Father and daughter duo brief MLAs on funding, workload and workforce pressures threatening sector

12 Jun 2023

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Pharmacies in dispute with DH over blister pack provision

NI Department of Health says pharmacy funding demands are 'unrealistic'

13 Apr 2023

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DH imposes discount deduction hike ‘under pressure from NHSE’

Ministers impose rate increase to 20 per cent on generics after PSNC rejects it

30 Mar 2023

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