Page 13 - P4304.1-V104_PS Magazine - December 24
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     So how does this link in with concessions?                                 PRESCRIPTION D
              Well, understanding an endorsing a concession line is a waste
              of ink is the first learning. Any brands or manufacturers written
              in the margin will not be acknowledged so there is just no point
              spending valuable time doing this.
              The second learning is that if you select a brand which has
              an indicative cost greater than the concession price then this                 Tramadol 150mg MR
                                                                                             (morning healthcare Ltd)
              is the price you will be paid , BUT this must be the brand you                 Capsules
              dispense as it is now a branded prescription not a generic.                    One to be taken twice a day
              As concession prices are often not published until right at the                x60
              end of the month, first guessing branding a prescription is a
              bit of a gamble and remember a brand purchased at the brand
              price will still incur a loss of 11.18% (clawback) unless there is a
              manufacturers scheme available.
              Now I know at this point you are all thinking I am missing the
              point, but I am not.
              Let’s talk Apixaban as this seems to be the drug that has
              sparked all the conversations.
              Apixaban suffered from a shortage of supply earlier this year
              and as there are currently limited suppliers of this generic you were all probably being supplied
              the Sandoz brand.
              Sandoz brand of Apixaban has an NHS price of in excess of £50. Here lay the ‘opportunity’.
              So, let’s go through the scenario.
              The table below analyses the financials for you as a PSUK member.
                                      APIXABAN ANALYSIS July – September 2024
                                                                            APM price (after
                  Month              DT Price         Concession price                                  Margin
                                                                               6% loyalty)
                                 2.5mg       5mg       2.5mg       5mg       2.5mg       5mg       2.5mg       5mg
                    July         £2.55      £2.59      £3.89      £3.74      £2.22      £2.00       43%        47%
                  August         £2.48      £2.21     £14.99     £14.99      £12.82     £12.82      14%        14%
               September         £2.48      £2.21     £14.99      £13.98     £8.36      £8.36       44%        39%
               So the analysis shows you remained in profit on Apixaban with no intervention from yourselves.
              For me that is a good result but of course you did have a choice. You could have branded all your
              prescriptions to Sandoz along with the prescribers’ signature (as this is a prescribing change
              and the prescriber takes responsibility for that prescribing decision). Right enough – the only
              brand available was Sandoz brand and you probably were supplying Sandoz brand but you didn’t
              pay the Sandoz list price, so is this the right thing to do?  It is your choice though and hence I
              want you to understand how these decisions should be made with the correct understanding.
              One other point which I think is useful to share. Your ghost branding activity is not invisible.
              Open prescribing drills down to practice level on where practices  are costing the NHS more with
              regard to unnecessary ghost brand prescribing.
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               or call us on 01904 558 350                                  Concessions Myth Buster | PS Magazine   13
         P4304.1-V104_PS Magazine - December 24.indd   13
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         P4304.1-V104_PS Magazine - December 24.indd   13                                                        14/11/2024   16:04:52





