Pharmacy: Finance
(asked on 13th October 2022) - View Source
Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, how much funding her Department has provided to communities pharmacies through the Community Pharmacy Contractual Framework in real terms accounting for inflation in each year since 2019.
The Community Pharmacy Contractual Framework 2019-24 commits £2.592 billion per year to community pharmacy. The following table shows the nominal and real terms funding accounting for inflation in each year since 2018/19.
| Nominal funding | September 2022 gross domestic product deflator | Real funding |
2018/19 baseline | £2.592 billion | 100.0 | £2.592 billion |
2019/20 | £2.592 billion | 102.6 | £2.526 billion |
2020/21 | £2.592 billion | 109.2 | £2.374 billion |
2021/22 | £2.592 billion | 108.7 | £2.385 billion |
2022/23 | £2.592 billion | 113.1 | £2.293 billion |
In addition, the agreement with the Pharmaceutical Services Negotiating Committee for 2022/23 and 2023/24, announced on 22 September 2022, provides a non-recurrent additional investment of £100 million.