Proposed Dispensing Feescales for GMS Contractors, England and Wales - 2020, October release

Details of the existing feescales from the SFE and theoretical feescale if implemented from 1 April 2020.

Step 1

Calculate anticipated full year spend for 2020/21 (X) based on current feescale

e.g. uplift the 2019/20 spend by the historic volume change. 

X is calculated as Y+Z

     = £70.35m + £88.73m

     = £159.08m

     X = £159.08 million

Adjustment factor = 1.162 which is applied to each pence value at each banding to get new value in proposed feescale.

This is calculated by using the formula E/X (E and X shown in Calculation of New Feescales)

      E = £184.85m

      X = £159.08m

Then E / X = 1.162

The following tables show what the feescales would have been if implemented from April 2020 for the whole financial year.

The theoretical April (2020) feescale will be implemented from 1 April 2021.  The decision to implement feescales in April - part way through the period covered by this report  - was taken in the hopes of reducing the likelihood of dramatic variations year on year, which would otherwise be reflected in the following October’s feescale but given the variance levels, does not appear to have achieved this objective.

Table 6a and b: Dispensing Feescale for contractors that are authorised or required to provide dispensing services 

^{Note: Calculations are performed on unrounded data.}.

Table 7a and b: Dispensing Feescale for contractors that are not authorised or required to provide dispensing services¹

^{1 This includes prescribing doctors or non-dispensing doctors personal administration drugs.}

^{Note: Calculations are performed on unrounded data.}