Business Archives | AJP

Pharmacy spending on the rise

Nicholas O’Donoghue — Thu, 23 May 2024 06:33:31 +0000

Price rises in pharmacy are outpacing other essentials, a new report shows Patients’ out-of-pocket spending in pharmacies is rising faster than in other primary healthcare settings, data from the Commonwealth ...

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MedAdvisor on track for first profit

Nicholas O’Donoghue — Thu, 23 May 2024 03:30:59 +0000

New transaction fees for vaccinations and Project Stop have MedAdvisor on route to record an inaugural net profit after tax Medication software provider MedAdvisor Solutions says it’s on course to ...

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Quality trumps quantity for brand growth

Nicholas O’Donoghue — Tue, 21 May 2024 04:00:38 +0000

Expansion will not come at the expense of the brand’s reputation, a leading banner group says Sigma Healthcare is “not just chasing numbers”, in its efforts to expand its Amcal ...

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Investors deemed vulnerable if Sigma/CWH deal fails

Nicholas O’Donoghue — Fri, 10 May 2024 06:45:13 +0000

Analyst warns Sigma share price could take a hit if Chemist Warehouse merger is blocked Sigma Healthcare investors could be exposed to downside risk if the competition watchdog doesn’t approve ...

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Will Sigma’s ASX 200 debut change investor outlook?

Nicholas O’Donoghue — Thu, 09 May 2024 06:15:28 +0000

Chemist Warehouse merger remains a key issue for investors as Sigma joins ASX 200 Pharmaceutical wholesaler Sigma Healthcare has been catapulted onto the list of the country’s 200 largest public ...

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Sigma to join ASX 200

Nicholas O’Donoghue — Tue, 07 May 2024 06:45:50 +0000

Pharmaceutical wholesaler will be listed among Australia’s 200 biggest companies later this week Sigma Healthcare is set to replace construction company, Boral Limited, on the Australian Securities Exchange (ASX) top ...

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Wesfarmers loses interest in Ramsay

Nicholas O’Donoghue — Mon, 06 May 2024 06:50:55 +0000

Merger and acquisition target Ramsay Health Care’s asking price too high for Wesfarmers, as the retail giant walks away API’s owner, Wesfarmers is believed to be the latest prospective buyer ...

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Sigma backer lifts the lid on its investment strategy

Nicholas O’Donoghue — Thu, 02 May 2024 03:45:22 +0000

A major Sigma shareholder has shared further insight into its investment philosophy, as the market awaits the competition watchdog’s call on the supplier’s proposed merger with CWH HMC Capital’s Partner ...

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An upgrade for TWC loyalty scheme

AJP Staff — Fri, 19 Apr 2024 05:30:46 +0000

TerryWhite Chemmart has introduced a new evolution of its loyalty program with the launch of REWARDS Plus According to the banner group, REWARDS Plus is a significant step forward in ...

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Will weight loss drugs eat into supermarkets’ profits?

Megan Haggan — Fri, 19 Apr 2024 04:45:06 +0000

The skyrocketing demand for weight loss medications like Ozempic could temper shoppers’ appetites at our major supermarkets, Morgan Stanley says The Danish maker of GLP-1 receptor antagonists Ozempic and Wegovy, ...

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Price pressures

Chris Brooker — Sat, 30 Mar 2024 01:23:05 +0000

What are the 5 key forces at play in the current pharmacy market? Natalie Sirianni explains The last 5 years Over the last five or so years, we have seen ...

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CWH reports leap in profits; adds 18 new stores in six months

Nicholas O’Donoghue — Fri, 22 Mar 2024 01:00:38 +0000

Pharmacy giant Chemist Warehouse (CWH) saw an almost 29% surge in profits before tax in the first six months of the financial year, while continuing to rapidly expand its retail ...

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Wholesaler margins suffering

Chris Brooker — Wed, 20 Mar 2024 05:20:09 +0000

Steps are needed to reverse the decline of wholesaler remuneration during the 7CPA and add vaccines and section 100s to CSO, says a NPSA director Australia needs to foster a ...

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Proposed Sigma merger sees another Gance make the rich list

Megan Haggan — Mon, 18 Mar 2024 05:44:57 +0000

Chemist Warehouse’s Gance brothers scoot up The Australian’s 2024 rich list The Australian’s John Shensholt has again researched and published the names of Australia’s richest 250 people – a list ...

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‘Pharmacy shops are just dead’

Megan Haggan — Fri, 23 Feb 2024 03:38:15 +0000

Jack Gance tells a retail conference that Chemist Warehouse is eyeing the US market as its traditional format loses appeal Chemist Warehouse co-founder and chairman Jack Gance has told the ...

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Hospital business delivers for Symbion

Nicholas O’Donoghue — Thu, 22 Feb 2024 05:45:26 +0000

Wholesaler reports double-digit growth in hospital division’s revenue EBOS’s Symbion Hospitals division is reporting revenue growth of almost 15% for the first half of the 2023/24 financial year. ...

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Aurora Cannabis acquires MedReleaf

Nicholas O’Donoghue — Mon, 12 Feb 2024 05:45:21 +0000

Global medicinal cannabis giant targets Australian market with MedReleaf takeover Canada’s Aurora Cannabis is eyeing significant grow in Australia through its acquisition of MedReleaf Australia. In a statement to ...

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Move will address ‘large power imbalance’: union

Megan Haggan — Fri, 09 Feb 2024 06:31:37 +0000

The new “right to disconnect” legislation will protect pharmacists from work “creep” into the rest of their lives, says one pharmacy group Leon Yap, honorary chairperson for the Pharmacy Division, ...

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Sigma fills war chest ahead of CWH merger

Nicholas O’Donoghue — Thu, 25 Jan 2024 04:30:19 +0000

Wholesaler completes $400 million capital raising exercise Sigma Healthcare has announced the completion of the retail component of its non-renounceable entitlement offer to raise $400 million. In a statement ...

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Plenty of room for CWH growth: Verrocchi

Nicholas O’Donoghue — Wed, 20 Dec 2023 04:15:36 +0000

Discount giant believes there is room for 400 more Chemist Warehouse stores in Australia Chemist Warehouse (CWH) is far from finished its expansion in the domestic market, with co-founder Mario ...

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Guild unconvinced of Sigma alignment

Nicholas O’Donoghue — Fri, 15 Dec 2023 02:45:25 +0000

Firm commitments to supporting the current pharmacy ownership rules and to ensuring equitable wholesale services will be required by Sigma, before it can claim to be aligned with the Pharmacy ...

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Amcal, DDS expansion not impacted by CWH merger

Nicholas O’Donoghue — Thu, 14 Dec 2023 19:30:44 +0000

Sigma Healthcare to pursue expansion of its Amcal and Discount Drug Store (DDS) franchises regardless of the outcome of its proposed merger with Chemist Warehouse Group Plans to expand Sigma ...

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Sigma, Guild ‘not unaligned in any way’: Ramsunder

Nicholas O’Donoghue — Thu, 14 Dec 2023 05:15:59 +0000

Wholesaler urges franchisees to give it “the benefit of the doubt” over Chemist Warehouse merger Amcal and Discount Drug Store (DDS) franchisees are being urged to stick with Sigma Healthcare ...

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First Sigma, then the world – CWH plans for domination

Nicholas O’Donoghue — Tue, 12 Dec 2023 04:45:19 +0000

Chemist Warehouse’s owners are focused on making the Australian discounter the world’s number-one pharmacy franchise as part of 100-year plan Merging with pharmaceutical wholesaler, Sigma Healthcare, is part of Chemist ...

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Delays in NSW pharmacy approvals ‘not a CWH issue’: Gance

Nicholas O’Donoghue — Tue, 12 Dec 2023 03:45:27 +0000

Chemist Warehouse Group is continuing to secure approvals for new franchisees in NSW, despite industry-wide delays in getting the green light from the state’s regulator All pharmacy groups looking to ...

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Amcal, DDS franchisees to benefit from CWH ‘know how’

Nicholas O’Donoghue — Mon, 11 Dec 2023 04:00:31 +0000

Sigma Healthcare franchisees to gain access to Chemist Warehouse’s IP under proposed merger Plans to create a $8.8 billion healthcare powerhouse through the merger of Sigma Healthcare and Chemist Warehouse ...

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Whale swallows minnow; the Sigma CWH reverse takeover

David Rowley — Fri, 08 Dec 2023 05:18:39 +0000

“Historic and creative” $8b deal machinations go back at least 18 months. How will it change pharmacy? When Sigma Healthcare’s shares suddenly went into a trading halt this past Wednesday ...

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Guild slams CWH-Sigma takeover with ‘increased commercialisation’ warning

Megan Haggan — Thu, 07 Dec 2023 05:50:20 +0000

The Pharmacy Guild of Australia says it believes the “apparent imminent takeover” of Sigma Healthcare by Chemist Warehouse poses significant questions and risks The Pharmacy Guild has responded to yesterday’s ...

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CWH in ASX reverse listing?

Megan Haggan — Wed, 06 Dec 2023 05:09:44 +0000

Sigma Healthcare announces a halt in trading, as a move which could see a reverse listing of Chemist Warehouse on the ASX is reportedly finalised Sigma Healthcare Limited securities have ...

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Fewer Aussies visiting pharmacies: NAB

Nicholas O’Donoghue — Tue, 05 Dec 2023 04:00:01 +0000

Australia’s most accessible health professionals are being visited by fewer patients, bank reports New data from NAB’s Health Insights Report shows 61% of Australians have visited a pharmacy in the ...

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Pharmacy valuation fears ease

Nicholas O’Donoghue — Mon, 04 Dec 2023 03:30:32 +0000

Pharmacy owners are regaining confidence that their stores will increase in value over the next 12 months despite the impacts of 60-day dispensing The latest University of Technology Sydney Pharmacy ...

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Pharmacists bounce back from 60-day confidence slump

Nicholas O’Donoghue — Thu, 30 Nov 2023 00:58:23 +0000

Confidence is returning to the community pharmacy sector after taking a significant dip following the government’s 60-day dispensing announcement Data from the latest University of Technology Sydney (UTS) pharmacy barometer ...

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Supply shortages continue to challenge pharmacies

Nicholas O’Donoghue — Wed, 29 Nov 2023 23:15:17 +0000

Pharmacy staff are being forced to deal with medicines shortages, with 60-day dispensing not making life any easier, pharmacist warns Suggestions from Department of Health and Aged Care bureaucrats, that ...

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Charac investment to boost MedAdvisor platform

Nicholas O’Donoghue — Wed, 29 Nov 2023 05:02:20 +0000

Strategic deal to enhance the capabilities of MedAdvisor Solutions’ Plus One platform, while generating significant savings Australian Securities Exchange (ASX) listed medication management platform provider, MedAdvisor, is set to invest ...

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AFT sees 24% hike in sales

David Rowley — Mon, 27 Nov 2023 04:19:50 +0000

Flagship Maxigesic products and Australian OTC business contribute the most to latest half yearly results Maxigesic manufacturer AFT Pharmaceuticals has reported higher bottom-line profit and revenue after continued robust demand ...

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EBOS petcare bid falls over

David Rowley — Thu, 23 Nov 2023 05:30:56 +0000

Lack of enthusiasm from investors pegged as major factor in distributor withdrawing from Greencross purchase The anticipated $3.75 billion deal which would have seen pharmaceutical distributor EBOS buy up the ...

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Chemist Warehouse celebrates continued international expansion

David Rowley — Wed, 22 Nov 2023 04:29:54 +0000

First New Zealand CWH supplier event celebrates six years in NZ Discount pharmacy giant Chemist Warehouse (CWH) has held its inaugural supplier event in New Zealand to celebrate six years ...

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Cost remains a barrier to medicines

Nicholas O’Donoghue — Tue, 21 Nov 2023 04:15:58 +0000

Increasing numbers of patients are delaying getting medicines or skipping scripts completely due to cost, Australian Bureau of Statistics (ABS) data reveals Cost barriers to accessing healthcare remain firmly in ...

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EBOS going to the dogs to avoid CWH doghouse?

David Rowley — Thu, 16 Nov 2023 05:09:44 +0000

Largest pharmaceutical wholesaler tipped to buy vet business to fill earnings hole left by CWH departure Multi-pronged pharmaceutical wholesaler and pharmacy owner EBOS has gone into an ASX trading halt ...

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Sales sentiment starts to struggle

Chris Brooker — Sat, 11 Nov 2023 05:14:08 +0000

Pharmacy real estate market starting to feel the bite of 60 day dispensing, survey shows The latest iteration of the Attain Pharmacy Market Sentiment Survey has revealed the impact of ...

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Ozempic fattens Commonwealth coffers – slightly

Nicholas O’Donoghue — Fri, 10 Nov 2023 04:00:38 +0000

Ozempic manufacturer, Novo Nordisk’s tax bill more than doubled in the 2021/22 financial year, data from the Australian Taxation Office (ATO) reveals Surging demand for Novo Nordisk’s diabetes medication, Ozempic ...

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Main streets need pharmacies

Nicholas O’Donoghue — Sun, 05 Nov 2023 05:15:12 +0000

Australians want a pharmacy above all other stores on their ideal main street Community pharmacies are seen as a must-have store for any town’s main street, a survey reveals. The ...

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And then there were three

David Rowley — Mon, 30 Oct 2023 04:53:33 +0000

Another consumer division spinoff on the way, this time by Sanofi Pharmaceutical giant Sanofi has portrayed how it imagines spinning off its consumer division and turning the parent, in the ...

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Scope expansion a win for MedAdvisor

Nicholas O’Donoghue — Mon, 30 Oct 2023 00:30:00 +0000

Medtech firm sees profit growth on the back of “new scope” services in community pharmacy New pharmacist-delivered health services are fueling growth for the Australian Securities Exchange (ASX) listed medication ...

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Symbion prepped for life after Chemist Warehouse

Nicholas O’Donoghue — Fri, 27 Oct 2023 02:30:41 +0000

Wholesaler outlines plan to replace lost earnings as Chemist Warehouse (CWH) deal comes to an end EBOS plans to leverage “new revenue opportunities in community pharmacy” and “a range of ...

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CWH dividends up, profits drop

David Rowley — Thu, 26 Oct 2023 05:30:32 +0000

Discount giant’s revenue marginally higher but increased sales costs hit overall result Chemist Warehouse founders are on the receiving end of a bumper dividend totalling $364 million, according to the ...

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Put patients ahead of government savings

Nicholas O’Donoghue — Thu, 12 Oct 2023 08:46:29 +0000

Doctors urged to focus on delivering “optimal patient clinical care” over “government savings” Pharmacy advocacy group, the Community and Pharmacy Support Group (CAPS) to consider if their patients will benefit ...

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Guild issues S8 scam warning

Nicholas O’Donoghue — Mon, 09 Oct 2023 04:30:28 +0000

Pharmacists put on alert as fake drug rep scam targets stores Community pharmacists are being urged to be alert for a scammer attempting to gain access to Schedule 8 medications. ...

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Corum completes rebrand

Nicholas O’Donoghue — Fri, 06 Oct 2023 19:30:15 +0000

Pharmacy software provider changes name following the sale of dispensing, retail and back-office platforms Corum Group has officially rebranded as PharmX, after completing the sale of its Corum Health Pty ...

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HMC Capital nominee joins Sigma board

Nicholas O’Donoghue — Fri, 06 Oct 2023 05:30:55 +0000

Former Cochlear chief executive joins Sigma board as nominee of Chemist Warehouse-backed investment fund, HMC Capital Asset management firm, HMC Capital’s nominee, Dr Chris Roberts, has been appointed to Sigma ...

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CAPS claims InstantScripts win

Nicholas O’Donoghue — Tue, 03 Oct 2023 04:30:46 +0000

Advocacy group reports Wesfarmers-owned telehealth provider will default to providing 30-day prescriptions Representatives of the Community and Pharmacy Support Group (CAPS) are claiming that pressure from pharmacists has resulted in ...

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Wesfarmers to face wrath of CAPS

Nicholas O’Donoghue — Mon, 02 Oct 2023 18:30:32 +0000

API customers and Priceline Pharmacy franchisees are being urged to raise InstantScripts concerns with Wesfarmers Pharmacists are being urged to contact API and Priceline Pharmacy business development managers (BDMs) today ...

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Pharmacies to boost access to the pill

Nicholas O’Donoghue — Wed, 27 Sep 2023 05:45:49 +0000

Phase two of the NSW pharmacy prescribing trial is now underway, delivering improved access to the oral contraceptive pill Women aged 18 to 35 years who have had a prescription ...

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AHPRA an option for concerns about 60-day scripts

Nicholas O’Donoghue — Wed, 27 Sep 2023 04:45:12 +0000

Pharmacists urged to discuss queries about the safety and suitability of 60-day prescriptions with the prescriber, before contacting AHPRA Pharmacists with concerns about a prescriber’s clinical practice regarding 60-day prescriptions ...

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Seek succession opportunities

Nicholas O’Donoghue — Sun, 24 Sep 2023 05:00:40 +0000

Aspiring pharmacy owners are being urged to approach older proprietors about working their way into ownership, a Guild leader says More young women should be involved in pharmacy ownership, Judy ...

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Private label to drive retail growth: Sigma

Nicholas O’Donoghue — Fri, 22 Sep 2023 02:30:34 +0000

Wholesaler plans to shift its retail strategy from consolidation to growth, with private label products set to play a key role Having consolidated its community pharmacy franchises under two brands ...

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Hospital exit simplifies business for Sigma

Nicholas O’Donoghue — Thu, 21 Sep 2023 02:30:52 +0000

Sigma Healthcare eyes growth opportunities following sale of hospital business Disposing of its hospital pharmacy operations will free up capacity and capital for pharmaceutical wholesaler, Sigma Healthcare, chief executive, Vikesh Ramsunder ...

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No surge in demand for 60-day medications: wholesaler

Nicholas O’Donoghue — Wed, 20 Sep 2023 21:30:33 +0000

Demand for medications available on 60-day prescriptions is yet to rise, wholesaler reports Concerns that the government’s double dispensing policy will fuel a surge in demand for impacted medications are ...

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New standards break barrier to pharmacist vaccination services

Nicholas O’Donoghue — Wed, 20 Sep 2023 05:30:24 +0000

Chickenpox and meningitis B are among diseases pharmacists can immunise against under new vaccination standards launched in NSW. Barriers blocking patients from accessing vaccination services are being broken down with ...

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Sigma plots seamless CWH onboarding

Nicholas O’Donoghue — Wed, 20 Sep 2023 05:15:54 +0000

Services to Sigma Healthcare’ existing customers are unlikely to be adversely impacted by the wholesaler’s new supply deal with Chemist Warehouse (CWH). Pharmaceutical wholesaler, Sigma Healthcare expects that it’s ...

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Pharmacists key to guiding athletes’ supplement use

Nicholas O’Donoghue — Thu, 14 Sep 2023 06:45:17 +0000

Tennis star, Simona Halep’s doping ban highlights the need for vigilance when supporting athletes looking for nutritional supplements, pharmacist says With more than 90% of athletes reportedly taking nutritional supplements, ...

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‘Doing nothing not an option’

Nicholas O’Donoghue — Tue, 12 Sep 2023 06:30:14 +0000

Community pharmacies cannot afford to sit back to “wait and see” how 60-day dispensing impacts their business, a pharmacy group’s boss warns Pharmacies need to take proactive steps to mitigate ...

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Petition calls for 60-day U-turn

Nicholas O’Donoghue — Tue, 12 Sep 2023 04:30:03 +0000

Government urged to “rethink” and “reverse” its double dispensing policy A petition, signed by 28 individuals, is calling for the federal government to renegotiate its 60-day dispensing policy “before millions ...

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Banks backing community pharmacy

Nicholas O’Donoghue — Mon, 11 Sep 2023 06:30:25 +0000

Community pharmacy’s resilience in the face of adversity gives banks confidence the sector can weather the 60-day dispensing storm, expert says Australia’s lenders are continuing to look favourably on the ...

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Work together for better wages

Nicholas O’Donoghue — Tue, 05 Sep 2023 05:30:50 +0000

Guild boss wants pharmacists’ wages to rise but stresses businesses need to have extra funds to cover higher pay Calls for increases to employee pharmacists’ pay rates are being backed ...

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Department consults union on 8CPA

Nicholas O’Donoghue — Tue, 05 Sep 2023 05:15:44 +0000

Employee pharmacists to have say in Eighth Community Pharmacy Agreement (8CPA) discussions, union reveals Union group, Professional Pharmacists Australia (PPA), will join organisations including the Royal Australian College of General ...

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Everyone must pay their share

Nicholas O’Donoghue — Mon, 04 Sep 2023 06:30:10 +0000

Cutting payroll tax for general practitioners will not boost access to medical appointments, Guild leader says Any changes to payroll tax requirements granted to GPs should be extended to all ...

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Grassroots GPs back scope expansion: Twomey

Nicholas O’Donoghue — Mon, 04 Sep 2023 04:15:41 +0000

General practitioners in northern Queensland are happily supporting efforts to expand pharmacists’ scope of practice Despite criticism from medical organisations GPs are happy to see pharmacists play a greater role ...

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Guild hires silk over ‘broken’ 7CPA

Nicholas O’Donoghue — Sun, 03 Sep 2023 18:30:48 +0000

Guild investigates legal options over 60-day dispensing changes ahead of talks for the Eighth Community Pharmacy Agreement (8CPA) Pharmacy owners are set to receive advice about the possibility of taking ...

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Benefits of 60-day scripts limited by lack of repeats

Nicholas O’Donoghue — Sun, 03 Sep 2023 07:30:31 +0000

Minimum number of repeats needed to deliver on 60-day dispensing promises Patients who are deemed to be suitably stable on their medication to receive a 60-day prescription should be given ...

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Locum provider to waive fees for CAPS attendees

Nicholas O’Donoghue — Thu, 31 Aug 2023 06:00:25 +0000

Pharmacy owners attending Monday’s rally against 60-day dispensing in Canberra are being offered support to arrange locums without a service fee Pharmacy locum service provider, Meds n More, is offering ...

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Happy to wear NIP overspend: Shakespeare

Nicholas O’Donoghue — Thu, 31 Aug 2023 02:30:38 +0000

Spending more than the $114.1 million allocated to pharmacy-delivered National Immunisation Program (NIP) vaccines over the next four years would be a win for the Commonwealth Speaking during a webinar ...

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Double dispensing won’t increase demand

Nicholas O’Donoghue — Wed, 30 Aug 2023 06:30:12 +0000

The government is working with wholesalers to ensure medicines supply ahead of 60-day dispensing rollout Increases in maximum dispensing quantities are not expected to fuel medicines shortages a Department of ...

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No reduction in ODT services

Nicholas O’Donoghue — Tue, 29 Aug 2023 06:45:11 +0000

Bureaucrats refute suggestions pharmacies are dropping out of the national opioid dependence treatment (ODT) program Community pharmacies are looking to join the national methadone Pharmaceutical Benefits Scheme (PBS) despite suggestions ...

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Ramsay’s modest pharmacy operation a tiny chink of light

David Rowley — Mon, 28 Aug 2023 06:57:30 +0000

Group share price plummets $1.5bn as dividend halves amid a slow post-pandemic recovery Multinational private hospital operation Ramsay Healthcare was punished by shareholders with a 12.1% drop in its share ...

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CAPS campaign making a difference

Nicholas O’Donoghue — Fri, 25 Aug 2023 09:00:28 +0000

Politicians are seeking meetings with local pharmacy owners to discuss 60-day dispensing before CAPS protest in Canberra Community pharmacy owners are reporting that federal MPs are keen to talk to ...

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Johnson & Johnson consumer spin-off complete

David Rowley — Fri, 25 Aug 2023 06:55:55 +0000

Share exchange offer leaves J & J with just 9.5% of new consumer health outfit Kenvue Shares of newly-minted consumer health care operation Kenvue shares rose 1.4% in pre-market trading ...

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Front-of-store may help alleviate 60-day Priceline pain

David Rowley — Fri, 25 Aug 2023 06:50:06 +0000

But “there definitely will be an impact”; Wesfarmers Health boss Priceline’s strong front-of-store profile offers “opportunities” to take some of the edge off the drop in dispensing income as a ...

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Full scope now essential to health system

Nicholas O’Donoghue — Fri, 25 Aug 2023 06:30:31 +0000

Government urged to “heed the warnings of the Intergenerational Report” and utilise pharmacists to the top of their scope of practice Australia needs to engage pharmacists to work to their ...

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Department figures back Minister’s claims

Nicholas O’Donoghue — Wed, 23 Aug 2023 04:54:17 +0000

Applications for new Section 90 pharmacy approvals up, despite 60-day dispensing concerns Data from the Department of Health and Aged Care shows that the number of pharmacies approved to dispense ...

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‘Chip in $500’ ahead of Canberra rally

Nicholas O’Donoghue — Tue, 22 Aug 2023 06:30:59 +0000

Pharmacists asked to dig deep as Community and Pharmacy Support Group takes 60-day dispensing fight to Canberra Organisers of the ‘Truth Campaign Rally’ are calling on pharmacists to “chip in ...

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Communities support pharmacy on 60-day dispensing

Nicholas O’Donoghue — Tue, 22 Aug 2023 02:00:58 +0000

Government urged to go back to the drawing board on double dispensing Moves to implement 60-day dispensing are a “kick in the guts” for communities and pharmacies across the country, ...

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RACGP to have say in 8CPA

Nicholas O’Donoghue — Fri, 18 Aug 2023 09:43:18 +0000

Government invites GP body to have say on funding for community pharmacy The Department of Health and Aged Care is set to hold bilateral talks with the Royal Australian College ...

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CommBank looks for silver lining in industry report

David Rowley — Thu, 17 Aug 2023 06:30:35 +0000

Despite “sharp decline” in optimism industry can “adapt to…changing landscape” from 60-day dispensing The disruption of 60-day dispensing will prompt many pharmacies to speed up plans to increase more diversified ...

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DAA funding needed for residential aged care: Stevens

Nicholas O’Donoghue — Wed, 16 Aug 2023 06:15:23 +0000

Websterpak founder urges government to subsidise dose administration aids (DAAs) for aged care residents Implementing 60-day dispensing without extending funding for the provision of DAAs to patients in residential aged ...

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State government to top up ORT payments

Nicholas O’Donoghue — Wed, 16 Aug 2023 03:15:54 +0000

Community pharmacies in one jurisdiction are set to receive additional payments to deliver Commonwealth Pharmaceutical Benefits Scheme (PBS) funded opioid replacement therapy The Tasmanian government will provide top up payments ...

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Labor lauded for holding firm on 60-day dispensing

Nicholas O’Donoghue — Tue, 15 Aug 2023 04:00:55 +0000

National newspaper urges government to reconsider pharmacy ownership rules, as Guild leader warns double dispensing forecasts may be optimistic The government is being urged to call out “the hypocrisy of ...

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Transitional funding to exclude small rural pharmacies

Nicholas O’Donoghue — Mon, 14 Aug 2023 08:00:54 +0000

Pharmacies in some of the most remote parts of Australia will miss out on the government’s 60-day dispensing Regional Pharmacy Transition Allowance (RPTA) Close to 300 community pharmacies in Modified ...

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Taxpayers not pharmacies should fund 60-day dispensing

Nicholas O’Donoghue — Fri, 11 Aug 2023 03:20:04 +0000

Community pharmacies should not be left to carry the costs of delivering cheaper medicines to Australians, opposition leader says Taxpayers should bear the costs of the government’s 60-day dispensing policy, ...

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Dispensing fees not for cross-subsidising services: Shakespeare

Nicholas O’Donoghue — Wed, 09 Aug 2023 02:30:33 +0000

Pharmacies are making commercial decisions to waive medication packing fees to secure exclusive supply deals, a Department of Health official claims Community pharmacies are under no obligation to enter deals ...

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Lucky 7 as Chemist Warehouse opens new Irish outlet

David Rowley — Tue, 08 Aug 2023 06:34:44 +0000

CWH’s largest Irish store to date opens in County Cork as international expansion continues apace Chemist Warehouse has opened its largest Irish store to date with a 1100 square metre ...

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Redundancies, reduction in hours ahead of double-dispensing

David Rowley — Tue, 08 Aug 2023 06:21:20 +0000

Guild survey of 1000 pharmacies paints bleak picture as Sept 1 60-DD Day looms A national survey of 1000 community pharmacies by the Pharmacy Guild of Australia has shown 250 ...

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Guild allies with patient groups, PSA in 60-DD pause bid

David Rowley — Tue, 08 Aug 2023 06:05:50 +0000

Guild and PSA repeat calls for disallowance motion in Senate just 24 days ahead of new policy start The Pharmacy Guild of Australia has been joined by three patient organisations ...

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60-day dispensing never off the table: Shakespeare

Nicholas O’Donoghue — Fri, 04 Aug 2023 08:01:13 +0000

Department of Health and Aged Care officials reject claims that implementing double dispensing mid-way through the 7CPA is unfair Suggestions that the government’s decision to roll out 60-day dispensing while ...

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GPs want ‘to clip that Medicare ticket’

Nicholas O’Donoghue — Fri, 04 Aug 2023 02:45:56 +0000

Senator warns GPs may put profits before patients Budgetary measures aimed at curbing out-of-pocket healthcare costs, including 60-day dispensing, are unlikely to reduce patients’ spending at their GP, Senator Hollie ...

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Government rebuffs Guild 60-day dispensing claims

David Rowley — Thu, 03 Aug 2023 06:07:15 +0000

Ergas modelling 50% higher than Government estimates, according to updated 60-day dispensing “pharmacy kit” A Health Department 60-day dispensing instructional “pharmacy kit” has been updated to take aim at the ...

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60-day scripts with no repeats okay: RACGP

Nicholas O’Donoghue — Wed, 02 Aug 2023 06:45:54 +0000

GP wants patients to save at the pharmacy through double dispensing, but spend at the medical centre Patients who are eligible to receive 60-day prescriptions could end up visiting their ...

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Pharmacists will survive: Labor MP

Nicholas O’Donoghue — Wed, 02 Aug 2023 05:45:35 +0000

Concerns about the impacts 60-day dispensing will have on community pharmacies are being dismissed by a government MP Labor MP, Peta Murphy, has dismissed suggestions that the closure of the ...

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Time is running out to get 60-day dispensing right: Tyrrell

Nicholas O’Donoghue — Tue, 01 Aug 2023 19:30:06 +0000

The government’s $148.2 million transitional fund for rural pharmacies fails to ease crossbench senator’s concerns Measures need to be implemented to ensure community pharmacies are not adversely impacted by the ...

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‘Game changer’; Chemist Warehouse moves into in-hospital pharmacy

David Rowley — Tue, 01 Aug 2023 06:40:55 +0000

Joint venture with Icon Group founders Cathie Reid and Stuart Giles “next leap forward” in hospital pharmacy industry Chemist Warehouse (CWH) and pharmacist rich listers Cathie Read and Stuart Giles ...

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Bastas takes control of Juno as Arrotex profits go through roof

David Rowley — Mon, 31 Jul 2023 06:40:18 +0000

New operation DGB Health to control both generic pharmacos in reputed $1 billion deal, according to finance media One of Australia’s richest individuals Dennis Bastas is now in control of ...

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AMA calls on Coalition to back 60-day dispensing

Nicholas O’Donoghue — Mon, 31 Jul 2023 06:30:30 +0000

Pharmacy owners’ double dispensing concerns dubbed an “irresponsible scare campaign” by doctors’ group Opposition leader, Peter Dutton, is being urged to clarify the Coalition’s position on 60-day dispensing, with the ...

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Early start to 8CPA talks under consideration

Nicholas O’Donoghue — Fri, 28 Jul 2023 04:30:47 +0000

Next CPA must be about “more than dispensing revenue”, Minister says Negotiations for the Eighth Community Pharmacy Agreement (8CPA) could be brought forward, in response to concerns around 60-day dispensing. ...

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Wesfarmers shifts Target boss to Priceline

AJP Staff — Wed, 26 Jul 2023 03:00:50 +0000

Target managing director, Richard Pearson, is set to shape Priceline Pharmacy’s retail strategy and operations, as part of a leadership reshuffle at Wesfarmers Pearson will assume the role of retail ...

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Data breaches fuel patient privacy concerns

Nicholas O’Donoghue — Mon, 24 Jul 2023 05:45:52 +0000

Pharmacists must be mindful of privacy and confidentiality obligations when accessing patients’ My Health Records (MHRs) All pharmacy staff need to be trained on their store’s privacy and confidentiality policies ...

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Watch: Digital health update – responding to issues, incidents & patient queries

Jan Decomps — Mon, 24 Jul 2023 01:55:46 +0000

Hear the latest from Australian Digital Health Agency representatives in conversation with PDL officers, covering electronic scripts, the Active Script List and My Health Record Significant developments in the digital ...

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Double dispensing prompts pharmacy merger

Nicholas O’Donoghue — Fri, 21 Jul 2023 06:30:19 +0000

Rural pharmacy owner makes the difficult decision to merge stores to protect services ahead of 60-day dispensing Patients in the Queensland township of Monteville on the outskirts of the Sunshine ...

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Pharmacists back formal qualifications for assistants

Nicholas O’Donoghue — Fri, 21 Jul 2023 06:00:05 +0000

More than half of community pharmacists believe dispensary assistants should undergo formal training to take on greater roles within pharmacy Pharmacy bodies are being urged to push for greater training ...

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Pharmacy IT provider ‘streamlines’ with sale

Nicholas O’Donoghue — Fri, 21 Jul 2023 02:30:33 +0000

Corum Group to sell pharmacy software business in $6.25m deal Pharmacy IT solutions firm, Corum Group is set to sell its dispensing, retail and head office software arm, to focus ...

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API strike ends after close to a month

David Rowley — Thu, 20 Jul 2023 05:50:12 +0000

‘In-principle agreement’ for Victorian distribution centre An in-principle agreement over pay and working conditions has been reached between Australian Pharmaceutical Industries (API) and the United Workers Union (UWU) for the ...

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Pharmacy profit collapse of ‘30% or more’

David Rowley — Tue, 18 Jul 2023 06:35:50 +0000

Double-dispensing to create “profitability crisis” like 2000s generic price cuts; analyst report Sixty-day dispensing will trigger a pharmacy “sector crisis” going all the way from frontline pharmacies up to wholesalers, ...

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Begging an option for some owners

Nicholas O’Donoghue — Tue, 18 Jul 2023 06:30:35 +0000

With 60-day dispensing on its way, proprietors are looking at services they can add or cut to maintain the viability of their businesses Just over half of pharmacy owners are ...

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Pharmacy needs retention plan

Nicholas O’Donoghue — Fri, 14 Jul 2023 07:30:54 +0000

One-in-three employee pharmacists are considering leaving community pharmacy Australia’s community pharmacy sector needs to develop strategies to retain staff, with a third of employees reporting that they are considering ...

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IR reforms will cost jobs employers warn

Nicholas O’Donoghue — Fri, 14 Jul 2023 03:00:07 +0000

Employers’ groups are calling on the federal government to rethink proposed changes to industrial relations (IR) laws Planned changes to Australian workplace relations legislation will put the economy at risk, ...

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Collapse of confidence

Nicholas O’Donoghue — Thu, 13 Jul 2023 07:30:07 +0000

Pharmacy owners forecast plunging profits and falling store valuations as a result of 60-day dispensing Confidence in the community pharmacy sector has slumped from a record high to an all-time ...

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Guild draws 60-day dispensing battlelines

Nicholas O’Donoghue — Thu, 13 Jul 2023 05:45:29 +0000

Residents living in marginal federal seats are set to be bombarded with advertising highlighting the risks double dispensing poses to the viability of community pharmacies The Pharmacy Guild of Australia ...

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Rendr extends CWH delivery service capabilities

Nicholas O’Donoghue — Wed, 12 Jul 2023 06:30:38 +0000

More Chemist Warehouse (CWH) stores will be able to provide pharmacy-to-door shopping as part of its partnership with delivery firm Rendr The deal will increase CWH’s same-day delivery capacity from ...

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Will 2022 mark the highpoint of confidence in pharmacy?

Nicholas O’Donoghue — Wed, 12 Jul 2023 06:15:29 +0000

Prior to the federal government’s decision to implement 60-day dispensing confidence in community pharmacy was at a record high, the latest UTS Pharmacy Barometer reveals The annual survey by the ...

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Higgins misinformed on RPMA

Nicholas O’Donoghue — Wed, 12 Jul 2023 05:45:21 +0000

Suggestions that rural pharmacies are set to get a $90,000 funding boost to counteract the impacts of 60-day dispensing are wide of the mark Royal Australian College of General Practitioners ...

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AFT launches on Amazon

David Rowley — Tue, 11 Jul 2023 05:56:39 +0000

Deal with Sell Global moves Kiwi battler onto US and Australian Amazon sites Feisty New Zealand outfit AFT Pharmaceuticals has launched own-branded online stores on the US and Australian Amazon ...

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60-day dispensing to kill off rural resources

Nicholas O’Donoghue — Mon, 10 Jul 2023 07:01:40 +0000

Rural towns with limited healthcare resources could be left without a pharmacy as a side effect of the Government’s double dispensing plan Patients in rural areas will bear the brunt ...

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Palliative care groups sound alarm on drug drought

David Rowley — Mon, 10 Jul 2023 05:30:51 +0000

Concerns grow over discontinuation of “gold standard” pain relief brand Ordine from later this year A group of 18 palliative care organisations led by Palliative Care Australia is calling for ...

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Not perfect, but new ODT guidelines ease script expiry fears

Nicholas O’Donoghue — Sun, 09 Jul 2023 08:00:06 +0000

Revamped guidelines for the new national methadone Pharmaceutical Benefits Scheme (PBS) system remain flawed, but will better support patients, a pharmacist believes Pharmacists will be able to provide patients undergoing ...

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No consultation, but lots of spin

Nicholas O’Donoghue — Fri, 07 Jul 2023 06:30:29 +0000

Guild calls on Prime Minister to stop the cycle of spin and re-engaged with the community pharmacy sector In the absence of consultation with pharmacists over 60-day dispensing, Mark Butler ...

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‘Front-loaded’ 60-day first tranche contains 60% of pain

David Rowley — Thu, 06 Jul 2023 05:27:40 +0000

Government “hardballs” on double dispensing, says financial analyst The Federal Government has taken an “aggressive” stance with its double dispensing policy with 60% of total financial impact happening from September, ...

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No end in sight for medicines shortages

Nicholas O’Donoghue — Wed, 05 Jul 2023 07:15:56 +0000

Ongoing medicines shortages are unlikely to end anytime soon, a Pharmacy Guild of Australia leader claims Patients will suffer because of shortages of vital medications across Australia, Andre Ngeow, the ...

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Rushed changes are breaking pharmacy

Nicholas O’Donoghue — Tue, 04 Jul 2023 07:30:59 +0000

Pharmacists are running out of time and energy to fix problems with the new national methadone Pharmaceutical Benefits Scheme (PBS) system Clerical drama surrounding changes to opioid management programs, combined ...

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‘Pragmatic’ Guild leader takes COSBOA board seat

AJP Staff — Mon, 03 Jul 2023 06:30:07 +0000

Pharmacy Guild of Australia WA branch president, Andrew Ngeow, will take the organisation’s seat on the board of the Council of Small Business Organisations Australia (COSBOA) Ngeow’s appointment came after ...

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The pharmacy dilemma

Chris Brooker — Fri, 30 Jun 2023 12:35:44 +0000

Finding the balance between healthcare and business management remains a problem for pharmacy “Not all community pharmacists will be managers or want to be, creating a barrier to educating pharmacists ...

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EBOS’ post-Chemist Warehouse future not so bleak; brokers

David Rowley — Thu, 22 Jun 2023 06:03:54 +0000

Finance specialists see trans-Tasman healthcare giant’s business diversity as softening contract loss blow While the recent announcement that Sigma had won back the full Chemist Warehouse distribution sent the distributor’s ...

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MedAdvisor jobs go in ‘strategic review’

David Rowley — Thu, 22 Jun 2023 03:47:31 +0000

Company to reduce local staff by 20% on back of successful GuildLink acquisition Medication management company MedAdvisor will reduce its Australian workforce by one-fifth as a result of its acquisition ...

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Regional pharmacy reduces hours ahead off double-dispensing hit

David Rowley — Mon, 19 Jun 2023 04:36:44 +0000

Former POTY tries to “get ahead of the inevitable impact” from government policy change A regional NSW pharmacy will be reducing its trading hours from early next month in an ...

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Almost 21k jobs to go, 665 pharmacies to close; Guild report

David Rowley — Mon, 19 Jun 2023 01:43:20 +0000

One sixth of pharmacies under “financial stress” if government doesn’t relent on double-dispensing Close to 21,000 jobs will be lost, 665 pharmacies will close and another 944 – one sixth ...

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API/Priceline pay shortfall review nears completion

David Rowley — Thu, 15 Jun 2023 03:52:14 +0000

Almost ten months since the investigation was announced A review of payroll practices at Australian Pharmaceutical Industries (API) after “historical payment errors” were flagged is nearing completion, according to the ...

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TGA issues $40k in fines for complementaries ads

David Rowley — Thu, 15 Jun 2023 02:26:06 +0000

Brisbane-based Pracmed Healthcare hit with three illegal advertising infringement notices The Therapeutic Goods Administration (TGA) has hit Queensland company Pracmed Healthcare Pty Ltd with three infringement notices totalling $39,960 for ...

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Doctor and patient groups make 60-day dispensing plea

Nicholas O’Donoghue — Tue, 13 Jun 2023 03:00:19 +0000

MPs and Senators are being urged to back legislation that will see maximum dispense quantities increase for 325 molecules Medical organisations, health, and patient advocacy groups are calling on federal ...

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Wesfarmers buys InstantScripts for $135m

David Rowley — Tue, 13 Jun 2023 02:41:13 +0000

Telehealth operation to fall under API as retail giant embarks upon health expansion Telehealth business InstantScripts has been bought by the now Wesfarmers-owned Australian Pharmaceutical Industries for $135 million. In ...

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Cannabis ads cop $66k TGA fine

David Rowley — Tue, 13 Jun 2023 00:41:42 +0000

NSW Central Coast wellness operation allegedly ran “unlawful” medicinal cannabis product advertising says regulator The Therapeutic Goods Administration (TGA) has issued five infringement notices totalling $66,600 to Affinity Corp Australia ...

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Pharmacy information will boost double dispensing modelling

Nicholas O’Donoghue — Thu, 08 Jun 2023 06:30:44 +0000

Pharmacy groups are being invited to share data with the Department of Health and Aged Care to support new 60-day dispensing modelling The Department of Health is continuing to work ...

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‘We did what we could under the limits of confidentiality’: Murphy

Nicholas O’Donoghue — Thu, 08 Jun 2023 03:45:20 +0000

Consultation about the controversial 60-day dispensing Budget measure was “necessarily limited”, Department of Health boss says Confidentiality requirements restricted the Department of Health’s ability to consult more widely on the potential ...

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Strike wins wholesaler workers 7% increase

David Rowley — Tue, 06 Jun 2023 07:21:43 +0000

EBOS-owned hospital supplier agrees to pay rise after concerted industrial action Around 100 workers employed by hospital supplies distributor Onelink will receive a 7% pay rise after taking industrial action ...

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Trust needs to be restored before 8CPA talks

Nicholas O’Donoghue — Tue, 06 Jun 2023 05:52:24 +0000

Labor is unlikely to open talks on the Eighth Community Pharmacy Agreement (8CPA) without an apology from the Pharmacy Guild of Australia Concerns around an alleged breach of confidentiality by ...

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Guild refutes Covid vax data mining claims

Nicholas O’Donoghue — Tue, 06 Jun 2023 04:15:44 +0000

Suggestions that the Pharmacy Guild of Australia is misusing patient data gathered through the Covid-19 vaccination campaign are incorrect, a spokesperson says Department of Health officials believe it is “likely” ...

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Sigma score $3b. Chemist Warehouse supply contract

David Rowley — Tue, 06 Jun 2023 00:03:43 +0000

And CWH will acquire more than 10% of Sigma as part of the five year supply deal Sigma Healthcare has signed an agreement with Chemist Warehouse (CWH) to supply both ...

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Guild underestimating 60-day dispensing impacts

Nicholas O’Donoghue — Mon, 05 Jun 2023 03:00:13 +0000

Reductions in pharmacy opening hours and cutbacks in services may only be the tip of the iceberg when it comes to the impacts of double dispensing Senate Estimates hears Grim ...

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Pharmacists conflate medicines shortages: Murphy

Nicholas O’Donoghue — Fri, 02 Jun 2023 07:15:15 +0000

New TGA data shows four of the 325 medicines slated for 60-day dispensing are in short supply Pharmacists’ claims that double dispensing will exacerbate medicines shortages are not accurate, Professor ...

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Fair pay needed for pharmacy services: Ryan

Nicholas O’Donoghue — Fri, 02 Jun 2023 05:15:01 +0000

Funding for community pharmacy services needs to be “fair”, in light of the government’s plan to roll out double dispensing, Dr Monique Ryan, believes Australia needs to value the work ...

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Guild sidelined over alleged discussion protocol breach

Nicholas O’Donoghue — Fri, 02 Jun 2023 03:30:37 +0000

Department of Health officials are engaging with pharmacy groups including Chemist Warehouse and wholesalers on 60-day dispensing, but not the Pharmacy Guild of Australia Talks between the Guild and the ...

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Labor moves to ease backbenchers’ double dispensing concerns

Nicholas O’Donoghue — Thu, 01 Jun 2023 07:30:24 +0000

Government ministers are moving to allay Labor backbenchers’ fears about the unintended consequences of 60-day dispensing Department of Health officials have fronted a Labor caucus briefing to address concerns government ...

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Pharmacies paying for government savings: Ruston

Nicholas O’Donoghue — Thu, 01 Jun 2023 04:30:09 +0000

Community pharmacies will bear the cost of the government’s 60-day dispensing policy, Shadow Health Minister, Senator Anne Ruston, claims Labor should not be taking credit for delivering cost-of-living relief through ...

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Drastic policy will hurt our communities

Nicholas O’Donoghue — Wed, 31 May 2023 06:30:13 +0000

Plans to boost access to affordable medicines will have the opposite effect Coalition Chief Whip warns Labor’s double dispensing policy will leave patients with limited access to pharmacy services and ...

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Government needs to get more than the headline right: Tink

Nicholas O’Donoghue — Wed, 31 May 2023 02:30:53 +0000

Labor’s double dispensing policy may secure positive headlines, but independent MP, Kylea Tink, warns it will not be a win for everyone Teal, Tink, is calling on the government to ...

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Labor urged to do homework on pharmacy

Nicholas O’Donoghue — Tue, 30 May 2023 05:30:29 +0000

Double dispensing will leave many pharmacies shortchanged despite the government’s plans to reinvest savings in the sector Labor’s 60-day dispensing policy makes sense on paper, but will put community pharmacies ...

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Do GPs really back double dispensing?

Nicholas O’Donoghue — Tue, 30 May 2023 04:00:38 +0000

Conversations about how 60-day dispensing will impact local doctors suggest medical bodies did not consult their members before pushing the policy, a Guild leader says Questions are being raised about ...

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Wesfarmers to ‘rationalise underperforming’ own Priceline stores; briefing

David Rowley — Tue, 30 May 2023 03:18:40 +0000

Strategy to “reset Priceline..fundamentals” as Silk Laser deal fizzles and rumours swirl of Instant Scripts acquisition Wesfarmers Health has announced it will be “resetting” and “reinvigorating” its Priceline pharmacies, in ...

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‘We don’t realise how valuable pharmacists are’

Nicholas O’Donoghue — Mon, 29 May 2023 06:00:18 +0000

Double dispensing decision leaves doctor “flabbergasted” Labor’s plan to introduce 60-day dispensing will have significant unintended consequences, a former Assistant Health Minister warns. Speaking in the House of Representatives on ...

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Pharmacy figures rocket up Rich List

David Rowley — Mon, 29 May 2023 03:26:07 +0000

Chemist Warehouse and Apotex bosses all fare much better in new Fin Review wealth ranking The richest people in pharmacy have seen a sharp reversal of their fortunes upwards in ...

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Guild seeks ‘sensible way forward’ on double dispensing

Nicholas O’Donoghue — Mon, 29 May 2023 03:15:49 +0000

Community pharmacists are being urged to “keep the pressure on the government” to limit the adverse impacts of 60-day dispensing Government officials need to restart negotiations with community pharmacy leaders ...

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Could an early 8CPA ease double dispensing fears?

Nicholas O’Donoghue — Fri, 26 May 2023 07:00:41 +0000

Access to cheaper medicines can be secured without the potential adverse effects of double dispensing if the government comes back to the table, according to the Pharmacy Guild of Australia ...

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Breaking new ground

Chris Brooker — Thu, 25 May 2023 07:00:47 +0000

Lisa Nguyen talks about developing a pharmacy that specialises in the provision of medicinal cannabis In this video I speak to Lisa Nguyen, pharmacist and founder of Astrid Health, ...

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No line in the sand on double dispensing talks: Guild

Nicholas O’Donoghue — Wed, 24 May 2023 05:00:43 +0000

Claims the Pharmacy Guild of Australia “walked away from discussions” about 60-day dispensing are inaccurate, a spokesperson says Responding to comments made by Labor’s Dr Mike Freelander in the House ...

The post No line in the sand on double dispensing talks: Guild appeared first on AJP.

Double dispensing undermines scope expansion

Nicholas O’Donoghue — Tue, 23 May 2023 06:45:15 +0000

Community pharmacies’ ability to participate in prescribing trials will be restricted by the federal government’s 60-day dispensing plan Plans to expand pharmacists’ scope of practice will be hampered by the ...

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Priceline’s media account up for grabs

David Rowley — Tue, 23 May 2023 05:55:24 +0000

After nine years with one agency, pharmacy’s pinkest multi-million dollar account has been put out to tender The valuable and highly-prized Priceline media account has been put out to tender ...

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Pharmacists should be supported: Ryan

Nicholas O’Donoghue — Tue, 23 May 2023 05:45:53 +0000

Double dispensing advocate seeks safe scope expansion for pharmacists Doctor-turned-politician, Dr Monique Ryan, is urging the federal government appropriately support the community pharmacy sector to mitigate against the adverse impacts ...

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No to concessional co-payment cut

Nicholas O’Donoghue — Tue, 23 May 2023 02:30:06 +0000

Pharmacists can offer cost-of-living relief to concession cardholders by opting to discount Pharmaceutical Benefits Scheme (PBS) medicines by up to $1, Mark Butler says Concessional co-payment pain can be eased ...

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Double dispensing prompts rural action

Nicholas O’Donoghue — Mon, 22 May 2023 06:15:45 +0000

Rural pharmacists are being urged to share “positive stories” to show that the sector is “indispensable to rural communities” as part of a new campaign The Rural Pharmacy Network Australia ...

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Government Aldifying pharmacy

Nicholas O’Donoghue — Mon, 22 May 2023 04:00:25 +0000

Double dispensing will result in the “Aldification” of community pharmacy, a customer warns Plans to roll out 60-day dispensing will turn pharmacies into impersonal stores, where shoppers “shuffle in and ...

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GSK’s $1.5b payday

David Rowley — Mon, 22 May 2023 02:38:21 +0000

Brit pharmaco scores big with discount selloff of Haleon shares British pharmaceutical giant GSK has sold off 240 million shares in consumer health operation Haleon raising around GBP804 million (AUD$1.5 billion) ...

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AFT to pay first dividend as income soars 20%

David Rowley — Mon, 22 May 2023 02:00:33 +0000

Kiwi Maxigesic owner posts $NZD20m profit boosted by licensing income AFT Pharmaceuticals, the New Zealand-headquartered outfit best known for its Maxigesic ibuprofen/paracetamol combination, will pay its first dividend in its ...

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Ruston slams Labor’s 60-day dispensing policy

Nicholas O’Donoghue — Fri, 19 May 2023 08:45:39 +0000

Plans to commence implementation of double dispensing from 1 September looks like policy “on the run”, Senator Anne Ruston says Labor’s reliance on an impact analysis that failed to meet ...

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Double dispensing a breach of trust: Twomey

Nicholas O’Donoghue — Fri, 19 May 2023 05:45:29 +0000

Trust between the government and community pharmacy is broken, Professor Trent Twomey, Pharmacy Guild of Australia national president believes Labor’s decision to push ahead with its plans for 60-day dispensing ...

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Students drop out over double dispensing: Guild

Nicholas O’Donoghue — Thu, 18 May 2023 06:23:24 +0000

Concerns over the potential impacts of 60-day dispensing are pushing students to leave courses, the Pharmacy Guild of Australia’s Tasmanian branch president claims Pharmacy students are looking to transfer to ...

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TGA fines health practitioners over S4 imports

Nicholas O’Donoghue — Thu, 18 May 2023 05:00:49 +0000

Regulator issues infringement notices to health practitioners for alleged unlawful importation of unregistered prescription medicines The Therapeutic Goods Administration (TGA) has issued fines totaling $13,320 to three separate health professionals ...

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‘We are playing with people’s lives’

Nicholas O’Donoghue — Thu, 18 May 2023 01:30:51 +0000

Loyal staff members will see their hours cut, “at best” – as a result of the government’s double dispensing policy, a pharmacy owner warns Pharmacy owners will be forced to ...

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Wholesaler confident it can meet 60-day dispensing demands

Nicholas O’Donoghue — Wed, 17 May 2023 04:00:40 +0000

Double dispensing will test Australia’s medicines supply chain, but Sigma Healthcare bosses believe they have the capacity to deliver for pharmacies Pharmaceutical wholesaler, Sigma Healthcare is well placed to deal ...

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ATO drops case against pharmacy outfit in administration

David Rowley — Tue, 16 May 2023 09:39:37 +0000

No explanation given about abrupt Federal Court dismissal of case over almost $2.8m in unpaid GST/super A Federal Court case launched by the Deputy Commissioner of Taxation to wind up ...

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Rural owners fume over 60-day dispensing impact analysis

Nicholas O’Donoghue — Tue, 16 May 2023 05:30:03 +0000

Shortcomings in the impact analysis used to support the government’s introduction of double dispensing could see rural patients’ medicines costs rise Far from cutting out-of-pocket expenses, 60-day dispensing could result ...

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Goodbye Malouf, hello Ramsay

David Rowley — Tue, 16 May 2023 05:28:26 +0000

Rebranding of Queensland group acquired by controversial pharmacy banner in 2017 finally picks up pace Five formerly Malouf Pharmacies have been rebranded with the Ramsay Pharmacy banner last week in ...

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$3.5b unlikely to arrest decline in bulk billing

Nicholas O’Donoghue — Tue, 16 May 2023 05:15:38 +0000

GPs who have abandoned bulk billing are unlikely to be lured back by the government’s $3.5 billion incentive package Incentives designed to boost bulk billing rates are likely to be ...

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60-day dispensing unlikely to impact supply: Sansom

Nicholas O’Donoghue — Mon, 15 May 2023 03:30:40 +0000

Warnings of medicines shortages stemming from the introduction of double dispensing are unlikely to come to pass Australia’s medicines supply chain should be capable of meeting the change in demand ...

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Double dispensing impact analysis falls short of ‘good practice’

Nicholas O’Donoghue — Mon, 15 May 2023 00:00:45 +0000

Impact analysis used to support the decision to introduce double dispensing would have benefited from more consultations with pharmacists, a bureaucrat believes An assessment of the impact analysis used to ...

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RUM Project may need funding boost

Nicholas O’Donoghue — Sun, 14 May 2023 20:30:13 +0000

Additional funding may be required to support the collection and disposal of unused medicines stemming from the introduction of 60-day dispensing Plans to increase the quantities of medications dispensed on ...

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‘Clipping the ticket’ comment sparks pharmacy fury

Nicholas O’Donoghue — Sun, 14 May 2023 18:07:16 +0000

Community pharmacists seek apology from federal Minister for Finance over ‘clipping the ticket’ remark Senator Katy Gallagher is attracting the ire of community pharmacists after a speech in the Senate ...

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The week in review

Nicholas O’Donoghue — Fri, 12 May 2023 20:30:54 +0000

It was a challenging week for Australia’s community pharmacy sector, as Treasurer, Jim Chalmers announced the federal Budget, while pleas for MBS provider numbers were also knocked back Efforts to win ...

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Start date set for prescribing trial

Nicholas O’Donoghue — Fri, 12 May 2023 02:07:07 +0000

Pharmacists in NSW are set will be given the green light to prescribe medications to women with uncomplicated urinary tract infections (UTIs) from Monday (15 May) Close to 100 ...

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60-day dispensing a ‘Pink Batts’ scheme

Nicholas O’Donoghue — Thu, 11 May 2023 02:30:50 +0000

Double dispensing is being compared to Labor’s short-lived ‘Pink Batts’ scheme, by one rural pharmacist Regional and rural communities are set to face a “perfect storm” with “no doctors and ...

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Senator seeks pharmacy compensation scheme

Nicholas O’Donoghue — Thu, 11 May 2023 02:30:26 +0000

Pharmacies should be given access to a reimbursement scheme to support them through the transition to 60-day dispensing A two-year double dispensing transitional support package should be introduced to ensure ...

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How quickly they forget

Nicholas O’Donoghue — Wed, 10 May 2023 05:15:51 +0000

Efforts to ensure patients retained access to face-to-face primary healthcare during the height of the Covid-19 pandemic appear to be forgotten, an industry leader believes Federal Treasurer, Jim Chalmers’ decision ...

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Petition fails to move Minister

Nicholas O’Donoghue — Wed, 10 May 2023 02:30:47 +0000

Pharmacists will not be getting Medicare Benefits Schedule (MBS) provider numbers any time soon, Moves to provide individual MBS provider numbers to pharmacists will require a recommendation from the Pharmaceutical ...

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ASL uptake lags as pharmacy printing costs soar

Nicholas O’Donoghue — Wed, 10 May 2023 02:01:55 +0000

Australia’s rollout of paperless prescriptions is behind an increase in printing costs for community pharmacies Electronic prescribing had been expected to reduce the health sector’s reliance on paper, but it ...

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ALP preps for 60-day dispensing battle

Nicholas O’Donoghue — Mon, 08 May 2023 05:25:35 +0000

Labor is set to mirror the Pharmacy Guild of Australia’s advocacy efforts by creating a ‘rapid response team’ to counter attacks on government policy Labor is looking to match the ...

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$5000 to become face of 60-day dispensing

Nicholas O’Donoghue — Mon, 08 May 2023 05:15:43 +0000

Pharmacy workers are being offered $5000 to participate in campaign promoting 60-day dispensing Pharmacists looking to earn a little cash on the side are being offered the chance to become the ...

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New consumer health company Kenvue explodes

David Rowley — Mon, 08 May 2023 04:04:06 +0000

Johnson & Johnson spin-off shares rocket 22% on stock exchange debut First GSK spun-off its consumer operation into Haleon, now Johnson & Johnson (J&J) has done the same with its consumer health ...

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Cyber security: you must take it seriously

Nicholas O’Donoghue — Fri, 05 May 2023 10:06:34 +0000

With their systems containing data relating to the healthcare needs of almost every Australian, community pharmacies are far from immune to the threat of cyber-attacks With major data breaches at ...

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Most pharmacist UTI services accessed during GP hours

Nicholas O’Donoghue — Fri, 05 May 2023 08:30:07 +0000

Extended opening hours offered by many pharmacies may not be the sole reason women experiencing the symptoms of urinary tract infections (UTIs) are happy to be treated by pharmacists Data ...

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CWH’s Tascone takes on Guild – with jelly beans

Chris Brooker — Thu, 04 May 2023 07:36:45 +0000

Disruptor chain director speaks out on location/ownership rules, supermarkets moving into pharmacy…and the jelly bean wars The My Chemist director’s exclusive interview with AJP at the 2023 APP conference covered ...

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Mayor issues rural pharmacy rallying call

Nicholas O’Donoghue — Thu, 04 May 2023 06:30:45 +0000

A regional mayor has pledged to personally take rural pharmacy owners’ concerns about 60-day dispensing to “senior government ministers”, in a bid to have the measure scrapped Alliance of Western ...

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ACT pharmacist wins innovation award

Nicholas O’Donoghue — Thu, 04 May 2023 05:30:58 +0000

Former Pharmacy of the Year winner scores UTS Innovative Pharmacist of the Year crown for patient communication platform ACT-based pharmacy owner, Brooke Young, is celebrating the success of her Clinicomm ...

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Labor needs to ‘stop and listen’: Sigma

Nicholas O’Donoghue — Wed, 03 May 2023 07:45:46 +0000

Community pharmacists’ concerns over the detrimental impacts of double dispensing need to be addressed by government Federal politicians are being urged to “stop and listen” to issues pharmacists are raising ...

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Pharmacies likely to need more RUM bins

Nicholas O’Donoghue — Wed, 03 May 2023 05:30:54 +0000

Plans to implement double dispensing are likely to result in increased medicines wastage, pharmacists warn Community pharmacies may need to double the number of Return Unwanted Medicines (RUM) bins they ...

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