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Business news

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Financial Management & Funding

Government set to claw back over £1m in Pharmacy First money

Over 500 contractors did not deliver five clinical Pharmacy First consultations needed to secure an upfront payment of £2,000.

29 Aug 2024 , 2 Min Article

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Business

Pharmacy owners don’t know how long they can remain open as pressures bite

Nearly a sixth of community pharmacies in England could close within a year, CPE pressures survey warns.

27 Aug 2024 , 3 Min Article

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Business environment

First-time buyers complete deal for pharmacy in Leeds

Brothers Shujah and Sarum Qureshi bought Star Pharmacy.

22 Aug 2024 , 1 Min Article

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Regulations

Woman fined £600 after promoting prescription medicines on social media

Nadine Poole pleads guilty after advertising Botox on social media

21 Aug 2024 , 1 Min Article

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Business environment

Former LloydsPharmacy parent exits from 64 hospital contracts

The LloydsPharmacy sell-off saga rumbles on as Hallo exits hospital contracts.

20 Aug 2024 , 2 Min Article

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Business environment

First-time buyer completes deal for pharmacy in Birmingham

Noor Ali Shah, 30, bought Medicare Chemist which, according to Christie and Co, dispenses an average of 8,618 items a month

16 Aug 2024 , 1 Min Article

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Business environment

Number of pharmacies in England will “slump” to lowest level in 20 years, warns NPA

The NPA has warned pharmacy numbers will fall to less than 10,000 by the end of September.

16 Aug 2024 , 2 Min Article

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Financial Management & Funding

DHSC to pay an extra £40 for lurasidone packs dispensed in April

Government agrees to retrospective price adjustments following appeals by CPE

08 Aug 2024 , 1 Min Article

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Digital & technology

Pharmacy2U ‘relaunching’ private doctor service as prescriptions jump 98%

Number of patients using the online doctor service has 'grown significantly'.

08 Aug 2024 , 1 Min Article

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Business environment

Pharmacy group adds to portfolio with purchase in Aberdeen

Kemnay Pharmacy Ltd, which owns pharmacies in Aberdeen, Aberdeenshire and Dundee, bought Anderson & Spence Pharmacy.

07 Aug 2024 , 1 Min Article

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Property management

Drop in first-time pharmacy buyers as sales of ‘problematic’ multiples wind up

Existing owners buying the majority of pharmacies in Wales in 2024, says broker

06 Aug 2024 , 3 Min Article

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Business environment

Nine-tenths of pharmacies have stopped using locums ‘on cost grounds’

CPE poll finds rising workforce costs are one of the top challenges for contractors.

05 Aug 2024 , 2 Min Article

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Financial Management & Funding

Scottish Government ‘tightening the purse strings,’ CPS warns contractors

Negotiator warns Scottish contractors that budgets for 2024-25 may be tight.

02 Aug 2024 , 1 Min Article

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Contract

CPE slams £9m a month Cat M clawback after DHSC error

Tariff clawback starts in August despite CPE protests that it is not an acceptable solution to DHSC error in calculating Category M prices.

30 Jul 2024 , 3 Min Article

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Contract

Talks on 2024-25 pharmacy contract won’t restart before September

CPE said the Treasury will spend the next few weeks working with Government departments to see how much funding is available.

29 Jul 2024 , 2 Min Article

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Financial Management & Funding

NPA: Scottish Government must compensate pharmacies left in “financial chaos” by faulty system

The NPA says some pharmacies are facing shortfalls of tens of thousands of pounds due to faulty payment system.

26 Jul 2024 , 3 Min Article

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