Financial Framework 2024/25
On 26th September 2024, the CPS Board agreed to what was considered an “adequate” deal from the Scottish Government. This agreement provides a 6% uplift on the Global Sum, ensuring stability and predictability for the community pharmacy network, the Scottish Government, and NHS Health Boards. It also allows adequate time and space to develop and embed pharmaceutical care services. This has enabled the negotiating team to work with the Scottish Government to finalise this year's financial package.
The package outlines a defined amount of funding (Remuneration) available for the provision of core services, referred to as the Global Sum, from which all contractors will benefit. We will explain these funding "pots" later.
There are, however, small elements of our national funding that do not fall within the Global Sum. For example, not all contractors will need to take advantage of the arrangements for stoma dispensing, and Medicines Complete access, which are technically contracts in their own right. Collectively, we refer to these as the “Non-Global Sum”.
The financial package also details the arrangements for the Reimbursement element of the annual agreement—specifically, the conditions around funding received from purchasing certain medicines for less than what the NHS pays us for them.
For a breakdown of each element please see below:
Advance payments are made to support contractor cashflow while actual payment for the prescriptions submitted is calculated.