{"id":3784,"date":"2022-10-04T10:59:10","date_gmt":"2022-10-04T10:59:10","guid":{"rendered":"https:\/\/integratedcarejournal.com\/?p=3784"},"modified":"2022-10-20T14:07:25","modified_gmt":"2022-10-20T14:07:25","slug":"nhs-community-pharmacy-sounds-alarm-inflationary-pressures","status":"publish","type":"post","link":"https:\/\/integratedcarejournal.com\/nhs-community-pharmacy-sounds-alarm-inflationary-pressures\/","title":{"rendered":"NHS community pharmacies sound alarm as inflation bites"},"content":{"rendered":"
The NPA commissioned the investigation into the implications of inflation on community pharmacy commissioned in June 2022 following large spikes in inflationary pressures this year. Professors David Taylor of University College London and Panos Kanavos from the London School of Economics and Political Science were asked to investigate the capability of community pharmacy across the UK to purchase and dispense NHS and other medicines and to become more focused on the provision of clinical services.<\/p>\n
The report, Protecting the UK Public Interests in NHS Community Pharmacy<\/em>, was published in September 2022 and warns of several thousand community pharmacies in the UK having to close thanks to rising costs and \u2018flat\u2019 NHS pharmacy funding.<\/p>\n The overall number of community pharmacies in England has fallen by 600 since 2018, about 5 per cent of the total. This number was likely kept artificially low thanks to temporary additional payments that were made to pharmacies during the Covid-19 pandemic, while many pharmacies that remain open have only done so by accepting reduced incomes and incurring more debt.<\/p>\n Many have also reduced the services they offer, cutting loss-making discretionary services and reducing opening hours. A FOI request has revealed that between December 2020 and July 2022, 1600 pharmacies in England reduced their opening times by an average of six hours per week in a bid to cut costs.<\/p>\n Many of the pharmacies that remain under threat are located in more deprived areas, where further closures of pharmacies risks widening existing health inequalities. The report warns that serious damage could be done to the NHS\u2019 medicine supply without urgent government action to help community pharmacies remain as viable going concerns.<\/p>\n However, the picture looks less grim outside of England, with initiatives in Scotland and Wales producing a more stable outlook for community pharmacies there. In Wales, shifts in the balance of NHS pharmacy fees towards providing clinical services, as opposed to dispensing medicines, are being introduced, while in Scotland, prescribing pharmacists are now able to diagnose and treat a variety of conditions that previously would have required GP intervention thanks to the Pharmacy First Plus scheme.<\/p>\n The report comes after Ernst & Young (EY) were commissioned by the NPA to conduct a study of the funding, policy and economic environment for independent community pharmacies in England. This study was concluded in September 2020 and predicted a deficit of \u00a3500 million in community pharmacy funding by 2024. It also asserted that the current financial framework for the NHS pharmacy network was unsustainable.<\/p>\n According to figures from the NPA, the inflation adjusted value of NHS community pharmacy \u2018global renumeration sum\u2019 fell by 10 per cent between 2015 and 2017 (see Figure 1 below). It has remained at \u00a32,592 million since then, with no annual allowance for inflation. As things stand, the proportion of English NHS funding allocated to pharmacies will have fallen in real terms by over one third in the period 2015-2024, falling from 2.4 per cent to 1.6 per cent. However, higher inflation rates and increased NHS outlays mean that the drop is likely to be larger.<\/p>\n
\nInflation, inflation, inflation<\/h3>\n