July 2021 Category M Prices Announced

The Drug Tariff Category M pricelist for July 2021 has been published on the NHS Business Services Authority (NHSBSA) website.

The July Category M prices reflect a reduction in margin levels of approximately £34m per quarter. The £15m per quarter uplift that has been in place for the last 3 quarters to mitigate against the impact of Brexit will also be removed from the July Drug Tariff. As such the total quarterly impact on margin will be a £49m reduction, or approximately -19 pence per item on average. The underlying effect of market price movements in the reference period Jan – Mar 2021 will also be reflected in the July Drug Tariff.

PSNC has agreed the adjustments based on our analysis of margin delivery and on current projections for 2020/21. Our objectives are to ensure full delivery of agreed margin and smooth delivery as much as possible.

As always, the impact on individual pharmacies will vary depending on dispensing mix.

Capture healthcare advisory work not being covered by Pharmacy First to inform our negotiations with Government and NHS.

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