GUILD digest available now for Members
THE release of the 2017 Guild Digest has shown the impact of the Sixth Community Pharmacy Agreement on the operating landscape of community pharmacy.
The 2017 Digest, the 45th edition, presents a snapshot of pharmacy operations in Australia for the financial year 2015-16, based on a sample of 321 pharmacies.
2015-16 has been a transition year in the financial performance of community pharmacies -- structural changes such as the introduction of the Administration, Handling & Infrastructure (AHI) Fee have helped stabilise official remuneration, but pressure from savings measures has resulted in actual remuneration negatively impacted.
This is reflected in some of the key results in the Digest, including reductions to net profit of 8% in 2015-16 when compared to the previous year.
The Digest also reveals that around 16% of pharmacies are located in rural areas, and there was one pharmacy for every 4,318 Australians.
The above article was sent to subscribers in Pharmacy Daily's issue from 27 Jun 17
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 27 Jun 17
