Noel Wardle at Charles Russell Speechlys discusses pharmacy merger regulations in an article for The Pharmacist and suggests it may be better to wait until next year before making an application to consolidate. Whilst we agree with Noel that the current rules do leave owners of merged pharmacies at some risk of new contract applications being made when a new PNA is published, in most cases the risks are very small as new contracts remain very difficult to secure, even when a pharmacy in the area has closed.
Contractors who own pharmacies that are struggling to remain viable may wish to consider whether the financial benefits of consolidating sooner rather than later outweigh the potentially small risk of a new contract application being granted. The risks and benefits need to be considered on a case by case basis and PSC are uniquely placed to provide advice to pharmacy owners on both the regulatory and financial implications of pharmacy mergers. Please contact us if you wish to discuss this further or read our publication on consolidations / mergers here.