Working my way through a dispensary’s monthly purchase books and comparing to the Open Exeter statement is a good way to get an overall view of the profitability of dispensing. Usually, the actual wholesaler spend is less than the NHS reimbursement. And if this is the case, the dispensary bumps along as normal making a […]
Category: Dispensary Management
Personally Administered Items, VAT and Profitability
Personally Administered [PA] Items have always been a subject of conversation in dispensing doctor dispensaries. Especially since the introduction of VAT Registration many years ago and the inclusion of the VAT Element [after clawback] payment for PA items paid by NHS Prescription Services. If you want to get it right, please attend our FREE Webinar […]
Drug Tariff Changes June 2021
Drug Tariff News June 2021 As you will have all experienced now, DT is only available online and there are no new “door stop” paper copies landing in your dispensary! We are running some webinars on how to get the most out of the Drug Tariff Online in the next few weeks, but here are […]
Dispensary Management Checklist
This week’s profitability article goes back to the basics of dispensary management – with a follow up article next week. Firstly here is a list of questions which you should know the answers to, and if you do not, then we think it is time you investigated further. If you are expected to manage your […]
Antihistamine Profitability
By Alastair Carmichael MRPharmS As you will be aware the Summer is coming and with Summer comes the rise in hay fever patients presenting at the practice. It seems appropriate to have a look at the cost and profit profile of the main four antihistamines. Looking at the table below the two which cost least […]
NEW MDS Scheme
MDS Scheme for Blissel® 50 micrograms/g vaginal gel Flynn Pharma are proud to support Dispensing Doctor Practices with a Manufacturer Discount Scheme [MDS] opportunity for Blissel® 50 micrograms/g vaginal gel (with applicator). The item can be written generically as estriol 50 micrograms/g vaginal gel with applicator x 30g and the reimbursement will be based on […]
FREE Profitability Webinars! Sign Up Now!
Top Tips for Profitable Dispensing May 6th, 1pm to 2pm. A FREE Online Webinar sponsored by Chiesi. Click here to download the invite. NEW Dispensary + Design = Profit May 19th, 1pm to 2pm. A FREE Online Webinar sponsored by Pharmacy Storage Solutions. Click here to download the agenda. NEW Starting Back on the Road […]
Branded Prescribing and Dispensing
The days when most of the items dispensed by a dispensing practice were branded are long gone. The block buster medicines of the 1990s are all mostly off patent now and are listed in the Drug Tariff as either Category a or Category M medicines and are usually cheap as chips. The days of branded […]
The Mystery of Your Open Exeter Statement
Every month someone, somewhere in the surgery will have access to your dispensary’s reimbursement figures via the mysterious Open Exeter Statement. This should ideally be the shared with the Dispensary Manager. If you are managing your dispensary and you don’t have access to this, you just wont be able to keep on top of your […]
