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03/01/2019 By Michael Holden Leave a Comment

Planning for a sustainable 2019 and beyond

Everyone who owns or works in a community pharmacy in England is experiencing a very challenging time, both professionally and commercially. The current funding settlement together with reinstatement of the temporarily postponed Category M overspend recovery, creates further cashflow and profitability issues for many owners, particularly independents.

This is on the back of almost three lost years whilst the judicial review of the previously imposed funding settlement was pursued when we were not asking the right questions of the right people to understand where pharmacy could support the struggling NHS and public health systems.

We have written many times about the need to change the contractual framework and the funding formula to incentivise the right behaviours and reward quality delivery through a fairer system that benefits a few and penalises many. However, this will take time as PSNC seeks to rebuild relationships and trust with the NHS and DHSC.

To support pharmacy contractors, Pharmacy Complete has developed a unique Business Development Programme. Planning for Growth enables owners and their managers to take control of their future by developing and then implementing a robust business development plan.

This course, which builds on our Leadership development programmes and the platform of Healthy Living Pharmacy, provides essential business knowledge, skills and tools at a time when community pharmacy can no longer wait for someone else to create their future business model nor be so dependent on the NHS for profitable income.

We have already successfully run workshops for some forward thinking small groups. Whether you are an independent owner, a small or medium sized group, or an LPC looking to support your contractors, the time to act is here and now.

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Filed Under: Pharmacy Complete News, Viewpoint Tagged With: Community pharmacy, Future of pharmacy, Healthier future, independent pharmacy, Pharmacy Cuts, Planning, Planning for Growth, Strategic planning

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