We believe our knowledge of community pharmacy is second to none. From the time we started working with and advising a group of 3 pharmacies in East London, in 1991, we have seen many changes.
From the limitation of contract in 1987, to removal of retail price maintenance, the landscape has changed significantly with the new contract in 2005 and updated in 2013.
Since then the sector has been in upheaval with constant changes to income in the form of: –
In addition, the number of independent pharmacies has been in decline and currently some 39% of pharmacies (about 4,500) in England & Wales are owned by independents and with recent funding cuts this number will continue to decline, which is likely to reduce patient choice.
It is apparent that the Government wants pharmacies to participate and contribute more to healthy living by providing advisory services, to include, but not limited to: –
With the increase in population, ageing population and A&E and GP surgeries stretched to their limits, pharmacies have a huge opportunity to help offload some of the burden from these departments and offer patients an excellent level of health services.