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PJ Online homeThe Pharmaceutical Journal
Vol 273 No 7314 p277
28 August 2004

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PSNC agrees funding for new pharmacy contract

The Pharmaceutical Services Negotiating Committee has of £1.766bn to fund the new community pharmacy contract in England.

The decision to accept the latest Department of Health offer was made at a special meeting of the PSNC held on 24 August. The committee voted unanimously in favour of accepting the deal, subject to a number of issues being addressed.

Barry Andrews, chairman of the PSNC, said: “This has been a long and difficult negotiation but the unanimous vote demonstrates that we believe we now have a sum that offers fair funding.”

The £1.766bn figure compares with a global sum in 2003–04 of £862.5m in England and Wales. Approximately £800m of this sum is spent in England.

Sue Sharpe, PSNC chief executive, said: “There are now a number of key issues to be resolved, including the distribution arrangements and mechanisms for future years. The negotiating team will work on these in the next few weeks and the PSNC committee will make decisions at its meeting next month.”

Mr Andrews added: “Provided we can reach agreement on the outstanding issues, we can proceed to roadshows and a ballot of contractors.”

The National Pharmaceutical Association said it fully supported the PSNC’s decision.

The news broke on Wednesday as The Journal went to press. The PSNC confirmed that further details would be supplied for publication in next week’s Journal.

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Citation: Electronicjuice URI: 20012685

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