The National Pharmacy Association (NPA) has welcomed the Chancellor's commitment to increase the NHS budget, hoping that 'community pharmacies benefit from
this investment'.
The association is urging the government to address years of underfunding so that community pharmacies can avoid staff lay-offs to cover the increasing costs of the
national living wage.
The government's uplift of the National Living Wage was confirmed in its latest budget announcement to tackle the cost of living crisis. The NHS budget will also be
increased in each of the next two years by £3.3bn.
A recent NPA commissioned report by Professor David Taylor from University College London predicted that wage inflation and other cost pressures could combine with
funding cuts to lead to cut-backs and pharmacy closures.
As the general election campaign heats up, major political parties - including Labour, the Conservatives, the Liberal Democrats - have released their
manifestos, detailing their plans and visions for the future of community pharmacy.
While the Conservative Party promises to expand Pharmacy First initiative, Labour pledges support for small businesses, with plans to overhaul the business
rates system.
The Liberal Democrats' election manifesto commits to developing a fairer and more sustainable long-term funding model for pharmacies.
Announcing their plans recently, Prime Minister Rishi Sunak stated that they are investing in community care services to secure the future of the NHS and make
healthcare more accessible.
The Conservatives plan to fund these initiatives by cutting NHS managerial positions back to pre-pandemic levels and halving the government's management
consultancy expenditure.
Anyone who has studied the finances of an independent pharmacy business knows that money is tight. In many cases, they are perilously close to failure.
It's easy to assume they are retail businesses, cashing in on the higher public profile the sector has enjoyed during the pandemic years. But those have been mere
words. Certainly, the pandemic represented a halcyon period for the profession.
We engendered a feeling of normality, dependable and accessible to society. We played a substantive role in keeping people out of hospitals and giving the vulnerable
the ability to live independently from their own homes for longer. We mobilised to smash flu vaccination records and deliver covid jabs.
But despite the warm words of a new service based future and the incessant expressions of gratitude contractors desperately need the headroom to prepare, plan and
invest. Platitudes, press releases and assurances of a bright clinical future are small comfort to what is needed and that's cash on the table. As the adage goes:
"Talk is cheap, money buys houses."
Cashflow crisis
Since 2016, we have witnessed almost 650 pharmacies fall by the wayside. Some may have merged; the majority, however, have perished due to the relentless need for an
increasing cashflow. It is cash, or rather the lack of it, which is killing independent pharmacies.
"It is crucial that patients can access care when they need it, whether from a pharmacist or a GP, " Paul Rees, Chief Executive of the National Pharmacy
Association (NPA) has said.
In response to a recent survey conducted by the General Medical Council (GMC) highlighting alarming trends among General Practitioners (GPs), the NPA has issued
a warning about the growing crisis in the UK's primary care system.
Rees emphasised the urgent need for government intervention, saying, "Only by reversing these cuts and providing pharmacies with a new funding deal will we be
able to end the 8am scramble for appointments."
The GMC survey reveals that there is a significant increase in the number of doctors reducing their working hours to safeguard their wellbeing, spotlighting
concerns about the long-term impact on patient care.
According to the report, nearly half of GPs ( 48 per cent) are struggling to manage their workload, with several resorting to decreasing their hours or declining
additional work to protect their mental and physical health.