News » Conference news, DDA news » DDA24: Fight the financial fright of general practice
October 7th 2024
DDA Board Member Mark Stone closed the DDA24 conference with a presentation on fighting the financial fright of general practice.
In his presentation he highlighted challenges facing general practice including rising costs and patient demand, as well as the politics and decreasing funding.
Detailing innovations to optimise practice workload and costs, Stone recommended the following:
Specifically looking at dispensing income, he recommended changes to practice including paperless medication requests and using prescription vending machines, enhanced pay for Saturday opening, and outsourcing tasks to care coordinators.
To avoid the dispensing at a loss trap, he advised practices to design a formulary that reduces use of ‘no discount available’ items and to prescribe and endorse loss making price concessions by brand.
View the presentation