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PSNC chief executive Simon Dukes said the extra money “is not enough”
The £15m per month increase is “based on margin data from 2019/20”, as well as “predictions for delivery in 2020/21”, the Pharmaceutical Services...
19/05/2020 5
McKesson CEO: Our UK retail business experienced industry-wide underfunding by the NHS
Adjusted operating profit for McKesson’s European pharmaceutical solutions division – which includes Lloydspharmacy and wholesaler AAH – in the three...
31/10/2019 13
EXCLUSIVE
Mr Shah: Contractors struggle to manage their finances under the existing reimbursement scheme
As part of the five-year funding contract for England, the Department of Health and Social Care (DH) launched a consultation on a series of drug...
09/09/2019 13
Buying a pharmacy was meant to guarantee contractors a future pension, as we are not entitled to one from the NHS. The goodwill in our businesses was...
09/08/2019 21
Simon Dukes: We are very concerned about the difficult financial position many contractors are in
The price rise is “to correct a predicted shortfall in the margin delivery rate for the current financial year”, the Pharmaceutical Services...
15/07/2019 5
It was good to see the letter sent to C+D by the pharmacy minister, Seema Kennedy, last week. We all broadly welcome the commitment to an expanded...
24/06/2019 4
Boots’ operating profit for the year ending August 31, 2018 was £391 million, a £112m drop from the £503m recorded for the previous 12 months, the...
14/05/2019 17
Bestway: Well is diversifying its product offering away from solely dispensing
Well’s revenue for the year ending June 30, 2018 was £775.4m, a £3.8m drop from the £779.2m recorded in the previous 12 months, the multiple’s parent...
26/04/2019 14
As a contractor who never really saw the “good times”, the category M clawbacks have been immensely tough on our business. The recent announcement...
18/03/2019 3
EXCLUSIVE
Umesh Modi: The funding policy needs to be reversed, and sooner the better
Funding for England’s pharmacies will remain at its current level of £2.592 billion from April, but category M prices "will increase by £10 million...
11/03/2019 7

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