running at a loss

10 November 2006 - 02:00
By unknown

Most South African pharmacies would operate at a loss if the government's new dispensing fee system was introduced, the Pharmacy Stakeholders Forum (PSF) warned yesterday.

Most South African pharmacies would operate at a loss if the government's new dispensing fee system was introduced, the Pharmacy Stakeholders Forum (PSF) warned yesterday.

Analysing the cost of dispensing 37,7million items at 1726 pharmacies in the country, the PSF worked out that pharmacies would lose an average of R8,35 an item, and pharmacies in rural areas would be the hardest hit. - Sapa