PD for Mon 05 Aug 2013 - Educ\'n Cap deferred, Chronic illness study, PBS price disclosure, AusHSI

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Your Business. Your Name. It’s your business, built on your hard work and investment – so why shouldn’t your name be over the door? Pharmacy Choice – a retail program for independent pharmacies. ®

Monday 05 Aug 2013

Nurofen Zavance Pharmacists are being urged to recommend Nurofen Zavance to their patients to help stop tension headaches taking hold. According to manufacturer Reckitt Benckiser Nurofen Zavance is absorbed twice as fast as standard Nurofen tablets, for more details see page four of today’s PD.

Call 1800 036 367 or visit pharmacychoice.com.au

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PBS reform industry shock THE government has once again disappointed the Australian pharmacy and medicines sector, with the surprise unveiling of further measures to accelerate Pharmaceutical Benefits Scheme price disclosure in Fri’s economic statement (PD breaking news). And the move comes despite the statement confirming that government payments under the PBS are forecast to be $2 billion lower than expected over the four years to 2016-17 “largely reflecting highter than expected savings from existing pricing policy”. The government has now announced that the price disclosure cycle will move from the current 18 months to 12 months, with both the Pharmacy Guild and Medicines Australia saying that they were not consulted on the shock move. The Pharmacy Guild says this “will make the already difficult economic environment for community pharmacy even more difficult”. In a statement issued late on Fri afternoon, Guild President Kos Sclavos said the shock move will hasten the decline in PBS dispensing margins in pharmacy. “Under the Community Pharmacy Agreement, the Commonwealth is committed to consulting with the Guild on any budget initiatives that have a significant and sustained impact on the viability of community pharmacy,” he said. “This further impact on pharmacy bottom lines means that it is even more critical that the next Community Pharmacy Agreement, due to be put in place from July 2015, increases remuneration for

dispensing medicines”. Medicines Australia is also furious at the lack of consultation, with MA ceo Brendan Shaw saying the announcement undermines the collaborative work achieved in the 2010 Memorandum of Understanding with the govt. “For this policy change to be announced without consultation is a disappointing signal to one of Australia’s leading innovation and export industries,” he said. MEANWHILE the Pharmacy Guild yesterday issued an urgent update to members, after evaluating the impact of the changes unveiled by the government on Fri. An analysis of the “streamlined price disclosure” system shows it’s now estimated to cost over $88,000 per pharmacy on average in ‘14-15. Sclavos said that the Guild had already known that 2014-15 would be a very difficult year for pharmacies as the price disclosure regime impacts fully on high volume molecules such as atorvastatin and rosuvastatin. “The sudden moving of the goal posts with this new regime has turned a very difficult situation into a looming crisis,” he warned. The Guild is seeking high level meetings with both sides of politics, asking for “urgent agreement to compensation to ameliorate the impact on community pharmacies”. Pharmacy owners and staff around the country are being asked to support the push, by telling their local parliamentarians about the serious implications from the changes for local jobs and patient access to pharmacy services.

SHPA seeks analyst THE Society of Hospital Pharmacists of Australia is recruiting for the full-time role of Policy and Projects Analyst, based at its offices in Collingwood, Vic. For details CLICK HERE.

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Pharmacy Daily Monday 5th August 2013

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