«PSA fought incredibly hard to represent pharmacists in this agreement. Given the likely effects of the COVID 19 pandemic, this agreement has been particularly difficult,» said PSA National President Professor Chris Freeman. Since 1990, the remuneration received by pharmacists for the dispensing of drugs from the Pharmaceutical Benefits Scheme (PBS) and the regulation of the location of pharmacies have been governed by a number of agreements between the Australian government and the Pharmacy Guild of Australia (the Guild). Over time, these agreements have expanded their scope and now offer professional pharmacy programs and services. Compensation for the distribution of subsidized pbs, pharmaceutical drug management programs and services in pharmacies is expected to be $18.3 billion over the five years of the agreement. Check out our compensation, program and wholesale information sheets. Pharmacy Guild of Australia President George Tambassis said the new agreement was «an agreement for the time» in the face of the COVID 19 pandemic. «This agreement also supports the introduction of electronic prescriptions to enable safer and more effective use and care of medicines by pharmacists, while supporting patient choice and ensuring their privacy. Every five years, the government and the Guild sign an agreement on how to pay pharmaceutical pharmacies (PBS). These compensation agreements have been in force since 1990 and have extended their scope to include the provision of professional pharmaceutical programs and services.

«The role of PPE in the negotiations will produce real and positive results over the duration of the agreement, support the crucial role of pharmacists in primary care and enable them to practice fully, which will lead to better outcomes for their patients` health,» said Professor Freeman. MSI Taylor Pharmacy is working with the Guild and other stakeholders to ensure that the 7CPA agreement remains sustainable for the pharmaceutical sector. Seniors, people with chronic illnesses and people with concession cards will benefit from increased investment through simplified and improved drug treatment and drug compliance programs such as dose management aids and drug controls. Key features of the agreement signed by Minister Hunt and Mr. Tambassis include: 7CPA – Programs (PDF 93 KB)7CPA – Programs (Word 92 KB) MSI Taylor Pharmacy Services has extensive pharmaceutical experience and 20 years of experience to help pharmacy owners and managers successfully implement a pharmacy business plan to improve their financial position. To date, we have worked with more than 150 pharmacies and have customers across Australia who have stakes in the pharmacy. The Australian government welcomes PSA as a signatory for the first time. The Guild has developed the 7CPA calculator tool that allows you to compare the compensation of the last year of 6CPA to the first year of 7CPA. With the 6th Community Pharmacy Agreement (6CPA) between the Australian government and the Pharmacy Guild of Australia (the Guild), which expires on June 30, 2020, it`s time to talk to our professional accountants.

7CPA recognizes the crucial role community pharmacies play in improving the health of all Australians. Pharmacy Guild of Australia President George Tambassis said: «This is a time agreement – negotiated for 12 months between the Commonwealth and the Pharmacy Guild, in the context of the COVID 19 pandemic in 2020.