Pharmacy: Finance

(asked on 28th April 2016) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health, how much the Community Pharmacy Contractual Framework has accrued to the public purse through Category M savings since 2005.


Answered by
Alistair Burt Portrait
Alistair Burt
This question was answered on 10th May 2016

The adjustments to Category M generic medicine reimbursement prices that have been made in order to align total community pharmacy funding (including margin earned on the difference between reimbursement prices and purchase prices) with the target amount set for the community pharmacy contractual framework are shown in the table below.

Month

Margin removed (-) or added (+) (quarterly amount on recurrent basis) (£ m)

April 2005

-75

October 2006

-75

October 2007

-100

October 2008

-32.5

October 2009

-20

October 2010

-60

April 2011

-22.5

October 2011

-39

April 2012

-10

October 2012

-72.5

October 2013

-20

April 2014

-30

October 2014

+30

January 2016

-45

Source: Department of Health

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