Business
The pharmacy dilemma
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 …
EBOS’ post-Chemist Warehouse future not so bleak; brokers
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 …
MedAdvisor jobs go in ‘strategic review’
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 …
Regional pharmacy reduces hours ahead off double-dispensing hit
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 …
Almost 21k jobs to go, 665 pharmacies to close; Guild report
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 …
API/Priceline pay shortfall review nears completion
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 …
TGA issues $40k in fines for complementaries ads
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 …
Doctor and patient groups make 60-day dispensing plea
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 …
Wesfarmers buys InstantScripts for $135m
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 …
Cannabis ads cop $66k TGA fine
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 …
Pharmacy information will boost double dispensing modelling
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 …
‘We did what we could under the limits of confidentiality’: Murphy
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 …