PRICE reductions due to the 01 Oct 2017 Price Disclosure cycle indicate a revenue reduction of $99 million per annum, according to a Pharmacy Guild analysis.
The cycle incorporates the removal of originator brands from the calculation, and equates to an average of 9c per script or $4,488 per pharmacy per year in lost gross profit from reduced trading terms.
The Guild has prepared a detailed spreadsheet for members to help prepare for the cuts - guild.org.au.
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