As community pharmacy moves forward and learns from its response to the COVID-19 pandemic, the time is now right to plan for reset and recover. Large multiple pharmacy groups are already announcing significant restructuring and remodelling plans in response to the financial, operational and landscape challenges, but where does that leave independent pharmacy? Negotiations on COVID-19 related costs have now begun plus discussions on next steps for implementation of the the 5-year contractual … [Read more...] about Pharmacy Reset & Recover
Business planning
Planning for a sustainable future
The announcement of the funding settlement for the remainder of the 2018/19 financial year will not be well received by pharmacy owners in England. That, together with reinstatement of the temporarily postponed Category M overspend recovery, will create further cashflow and sustainability challenges for many owners, particularly independents. Unfortunately, this was predictable on the back of almost three lost years whilst the judicial review of the previously imposed and poorly implemented … [Read more...] about Planning for a sustainable future