THE 12th wave of the University of Technology Sydney (UTS) Pharmacy Barometer 2022 report launched today, showing a healthy score of 146.8 out of 200 (a score of 100 representing neutral confidence) indicating community pharmacy confidence is increasing, despite ongoing challenges.
However, UTS has just confirmed to Pharmacy Daily that results of an interim survey taken in May will be released tomorrow that could see confidence levels changing with the recent govt changes.
The Pharmacy Barometer 2022 report completed in Nov last year continues to record an increase in confidence from 2016 of approximately 60 points.
The value increases year to year have slowed, but pharmacist optimism remains high and growing, demonstrated by a 7.3-point increase over the past 12 months (146.8 in wave 12, 139.5 in wave 11), according to UTS.
Pharmacists are confident in the three-year value of their pharmacy business with 60.7% of pharmacists projecting positive increases up from 57% in wave 11 or 40.5% in wave 10, showed the report.
The anticipated average value increase over the three-year period has also increased up to 18%.
Those projecting value decreases remained stable over the past three years with an expected average loss of 16.1%, the UTS report showed.
The feasibility of a pharmacist purely dedicated to the provision of professional services appears to remain low (17% in wave 12, 19% in wave 11, 17% in wave 10) with funding arrangements apparently not permitting this workforce model, the report stressed.
The above article was sent to subscribers in Pharmacy Daily's issue from 12 Jul 23
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