Page 12 - P4304.1-V93_PS-Magazine-January 2024 -
P. 12

Prescription management



              and wrong group movements:




              The Financial Impact on your dispensary.


              By Caroline Pond.



              Whilst we seem to spend endless hours worrying about the cost of drugs
              and whether we are getting a good enough deal from our suppliers, we
              sometimes forget to look closer to home when it comes to improving our
              profitability. Avoidable losses are sometimes overlooked, usually because
              they are not even on our radar. Wrong group movements are one of those
              losses. I think they need your attention as they can have considerable
              financial repercussions for you as a dispensing contractor.






              Understanding NHS prescription                        Exemptions: Some groups of patients are
              charges and dispensing contractors                    exempt from paying prescription charges.
                                                                    These exemptions are listed on the reverse of
              You all know that some patients must pay              the FP10 form and include:
              for their prescriptions, and they pay you. The
              current fee is £9.65 (correct at the time of          •  Individuals under the age of 16.
              writing this article).                                •  Individuals aged 16-18 in full-time
              However, this money is not dispensary income.             education.
              These charges are essentially a financial             •  People aged 60 and over.
              contribution made by patients to help fund
              the cost of their medications and the broader         •  Pregnant women and new mothers (up to
              healthcare system and they are passed                     one year after childbirth).
              onwards to the NHS by means of a deduction            •  Individuals with specific medical
              from your drug payments in that month,                    conditions, including diabetes and
              based on the number of paid items submitted.              epilepsy.
              Prescription charges are intended to ensure           •  Recipients of certain benefits (e.g., Income
              that the NHS remains sustainable and                      Support, Jobseeker’s Allowance, Tax
              accessible to all, while also covering the                Credit, etc).
              costs associated with the production and
              distribution of prescription medications.

              Here’s a brief overview of prescription charges
              and where the money goes:

              Prescription charges: Prescription charges
              apply to prescriptions issued in England.
              In Scotland, Wales, and Northern Ireland,
              prescriptions are generally provided free of
              charge to patients.

              However, there are exemptions and special
              categories for prescription charges in England
              that allow certain individuals to receive
              prescriptions without paying.



              12     PS Magazine | Prescription management and wrong group movements       Buy direct online at PSUK.co.uk



                                                                                                                 14/12/2023   10:11:14
         P4304.1-V93_PS-Magazine-January 2024.indd   12                                                          14/12/2023   10:11:14
         P4304.1-V93_PS-Magazine-January 2024.indd   12
   7   8   9   10   11   12   13   14   15   16   17