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Category M Price Changes for October 2009
The Medicines Margins Survey conducted by the Department of Health assesses the margin achieved by pharmacy contractors in the previous financial year. This year’s survey disclosed that significant excess margin was achieved beyond the £500 million allowed.
The Department of Health has agreed to make substantial provisions for a number of one-off costs pharmacy contractors are facing, including preparing for EPS, information governance and business continuity planning. Having allowed for this, from the 1st October, average item value will be reduced by 9.4 pence per item achieved through a reduction in Category M reimbursement prices.
Details of these arrangements will be finalised over the coming weeks.
To view or download a copy of the October 2009 Category M Price List please click on the link below:
National Contract Funding Section
Posted 8 September 2009