Business
Double dispensing prompts pharmacy merger
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 …
Pharmacists back formal qualifications for assistants
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 …
Pharmacy IT provider ‘streamlines’ with sale
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 …
API strike ends after close to a month
‘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 …
Pharmacy profit collapse of ‘30% or more’
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, …
Begging an option for some owners
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 …
Pharmacy needs retention plan
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 …
IR reforms will cost jobs employers warn
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, …
Collapse of confidence
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 …
Guild draws 60-day dispensing battlelines
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 …
Rendr extends CWH delivery service capabilities
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 …
Will 2022 mark the highpoint of confidence in pharmacy?
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 …