The PSNC and DHSC have agreed new discount deduction arrangements which will begin to take effect from October 2022
Members should be aware that the PSNC and DHSC have agreed new discount deduction arrangements which will begin to take effect from October 2022 in England and Wales. There will be a transition period lasting until January 2024.
The PSNC has stated that the new arrangements will be fairer because they will take into account the different levels of discount available for branded medicines compared to generics. The impact for each community pharmacy will depend upon the RX/generic prescribing pattern in each locality.
Please do check the PSNC website, but also speak to your Numark account manager about how we can help you maximise your profitability overall across your purchasing basket and how our Hey Pharmacist and Golden Tote service solutions can deliver new income streams/cost savings.