PSNC to host webinar on discount deduction system next month

The Pharmaceutical Services Negotiating Committee (PSNC)’s director of pharmacy funding Mike Dent and Jack Cresswell, its funding strategy manager, will be hosting a webinar about changes to the discount deduction system on Wednesday 12th October at 7.30pm.

The discount deduction scale has been a point of contention for community pharmacy contractors for many years, and PSNC has been pushing to remedy this.

“The changes will lead to a levelling out for all pharmacies, with the impact on individual contractors varied due to their unique dispensing mix. We have been developing a series of resources about the changes, including an explanatory briefing, FAQs and an impact calculator. Our latest resource comes in the form of a webinar that aims to explain the new arrangements and the transition period in more detail,” said PSNC.

PSNC’s webinar will help to address the following questions:

• Why are these changes being made?
• How were the new discount rates arrived at?
• How will discount deduction be applied during the transition period and beyond?
• What will the impact be on my pharmacy?

The webinar will help viewers to understand how the changes will help those contractors who were being disadvantaged by the previous unfair system, and how the transition arrangements will give them time to adapt.

Mike and Jack will also walk viewers through some examples of how the changes may affect some pharmacies under different scenarios. At the end there will be an opportunity for viewers to ask questions.