Pharmacy contractors in England are to be hit by a double whammy of category M price reductions of £48m for the period June to September and a likely negative outcome to the consultation on the Government’s community pharmacy reforms.

In a statement to contractors, Peter Cattee, chair of PSNC’s funding and contract subcommittee, said the negotiating body was “very pessimistic” about the situation. Taken together with the prospect of the £170m funding cut, “this financial year will be very difficult for the sector,” he warned.

Click here for the full statement and press release from PSNC.

Click here for the details about the category M clawback.

This financial year will be very difficult for the sector