Pitcher Pharmacy

The last few months have seen improved cashflow in the pharmacy as a result of the improved remuneration in the dispensary - thanks to the higher dispense fees including the AHI fee. The effect of price reductions flowing through manufacturers and wholesalers will continue to have downward pressure on trade terms in the latter half

The 6th Agreement has yielded a reasonable result for pharmacy in a financial sense. While there remains some downside risk around loss of trading terms, the floor in the GP$ per script will land at a higher level than previously contemplated. Together with the changes to the dispensing income, the additional service income will be welcomed not