Pharmacy: Finance

Department of Health and Social Care written question – answered at on 4 January 2023.

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Photo of Feryal Clark Feryal Clark Shadow Minister (Health and Social Care)

To ask the Secretary of State for Health and Social Care, how much funding his Department has provided to community pharmacies through the Community Pharmacy Contractual Framework in real terms accounting for inflation in each year since 2016.

Photo of Feryal Clark Feryal Clark Shadow Minister (Health and Social Care)

To ask the Secretary of State for Health and Social Care, if his Department will make an assessment of the impact of inflation on community pharmacies.

Photo of Will Quince Will Quince Minister of State (Department of Health and Social Care)

The following table shows real terms and nominal funding provided through the Community Pharmacy Contractual Framework, accounting for inflation, in each year since 2015/16.

The Community Pharmacy Contractual Framework 2019-24 commits £2.592 billion per year to community pharmacy. In addition, the agreement with the Pharmaceutical Services Negotiating Committee for 2022/23 and 2023/24, announced on 22 September 2022, provides a non-recurrent additional investment of £100 million in these years. Community pharmacies also received funding for the provision of other services, including flu and COVID-19 vaccinations and services commissioned locally by NHS England and local authorities.

Nominal funding

November 2022 Gross Domestic Product deflator

Real terms funding

2015/16

£2.8 billion

100.0

£2.8 billion

2016/17

£2.687 billion

102.1

£2.633 billion

2017/18

£2.592 billion

103.8

£2.498 billion

2018/19

£2.592 billion

105.6

£2.454 billion

2019/20

£2.592 billion

108.4

£2.392 billion

2020/21

£2.592 billion

115.3

£2.248 billion

2021/22

£2.592 billion

114.8

£2.259 billion

2022/23

£2.592 billion

120.3

£2.154 billion

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