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Term Acronym Definition Additional Ref. Source Date
Discount   Community pharmacists are assumed to receive a discount from their suppliers. The discount factor assumed for individual pharmacies varies according to the total of the prices of the drugs, appliances and chemical reagents they supply. Similar discounts exist for dispensing practices.

However, for the purposes of GP, PCT and SHA prescribing budgets and statements, a national average discount percentage is used, based on the total discount calculated.

Relates to England.
National Average Discount Percentage

PMD

June-04

 

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