Tens of thousands of independent community pharmacies across the country are facing a cash crunch. The net result could be closures, leaving communities around the country with no local chemists.
Read the full article on the BBC website
NAM Implications:
- Given the two-month government reimbursement vs payment of suppliers…
- …it is inevitable that local pharmacies, in particular, are experiencing cashflow issues.
- Supplier-wholesaler selective extension of credit periods may be the only option in the face of government’s other priorities.