Page 10 - P4403.59-V46_Numark Magazine December 23 PRINT FINAL
P. 10

OFFSETTING



                                                          THE IMPACT OF


                                                          CATEGORY M







                                                          We end the year in the same way as we started it,
                                                          with the funding in community pharmacy in a critical
                                                          situation. Inflammatory impacts hitting hard in an
                                                          environment of a fixed funding deal.
                                                          Cash flow took another blow in October with category
                                                          M claw backs for the over delivery of margin continuing.
                                                ENGLAND
                                                          The final phasing out of the extra £100 million funding
                                                          allowance and the downward adjustment of prices.

                                                          We estimate the impact to be between £600-
                                                          £1,000 for an average member.

                                                          With the promised Pharmacy First Service and its
                                                          £645 million new funding being delayed and unlikely
                                                          to launch this year, it is vital that we maximize the
                                                          available funding sources in the current contract.
                                                          This month we have highlighted ways to offset the
                                                          Category M impact.

                                                          We can demonstrate this by sharing industry averages
                                                          to allow members to understand where they might
                                                          have opportunity to grow.
                                                          New Medicines Service (NMS)


                                                          NMS was the fourth Advanced Service to be added
                                                          to the Community Pharmacy Contractual Framework
                                                          (CPCF); it commenced on 1  October 2011.
                                                                                        st
                                                          The service provides support for people with long-term
                                                          conditions newly prescribed a medicine to help improve
                                                          medicines adherence; it is focused on specific patient
                                                          groups and conditions. The number of conditions
                                                          have expanded and in the last year the average
                                                          number completed by each contractor has increased
                                                          significantly. Despite this the opportunity for members
                                                          is significant.

                                                          The NMS cap is set as 1% of dispensed items. The
                                                          average items dispensed in England per contract is
                                                          around 8,290 items. This means the average contractor
                                                          can complete a maximum of 82 NMS a month. The
                                                          national average is closer to 27. Increasing NMS could
                                                          support offsetting the impact of the Cat M clawback.






                                                                  NMS Frequently Asked Questions:
                                                                  numarknet.com/1908


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         P4403.59-V46_Numark Magazine December 23.indd   10                                                      15/11/2023   15:28:14
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