Subscribe


PD breaking news – 5CPA administration audit recommends annual reporting

Department of Health’s administration of 5CPA “mixed”. 

The Australian National Audit Office (ANAO) has recommended the Department of Health report annually on the actual cost of each major component of the Fifth Community Pharmacy Agreement (5CPA) and the Sixth Agreement.

The ANAO released its audit of the administration of the 5CPA to the public today with eight recommendations made.

To improve transparency and the quality of program performance reporting, one recommendation was for the annual reporting of the CPA components, including pharmacy remuneration, CSO wholesaler payments and professional programs.

Overall, the Department of Health’s administration of the 5CPA had been “mixed”, the ANAO said, and there was a “limited basis” for assessing the extent to which the Agreement had met its key objectives.

While the Department had developed and negotiated a complex agreement and contracts in a timely manner, a number of government negotiating objectives for the 5CPA were “only partially realised” and there had been shortcomings in key aspects of its administration at the development, negotiation and implementation phases, the ANAO said.

Net savings from initiatives covered by the 5CPA were estimated to be $0.6b in the 2010-11 Budget Papers, but ANAO analysis had indicated the net savings estimated before the agreement was signed were closer to $0.4b, “due to shortcomings in the Department’s 5CPA estimation methodology”, the ANAO said.

The Department of Health said it agreed with the recommendations and had already implemented improvements relating to issues identified in the report and previous draft reports, including enhancing financial modelling processes to separately report on cost impacts to government and patients.

“The Department acknowledges there is scope to realise further improvement in the effective and efficient administration of these agreements and welcomes the recommendations as a platform for ongoing development of future community pharmacy agreements and transparent engagement with the pharmacy sector.”

For more, see tomorrow’s Pharmacy Daily.


The above Breaking News Alert was sent to Pharmacy Daily subscribers on 05 Mar 15

Make a comment...



Established in 2007, Pharmacy Daily is Australia's leading pharmacy industry publication, and is sent as a free subscription to people across the industry as a PDF newsletter every weekday.

Register for Pharmacy Daily trial subscription

To sign up for a free subscription, click on the button at right.

Click here to see a sample issue of Pharmacy Daily.

Click here for more information on subscriptions.

Alternatively, you can search our site via the search box on the right hand side of the page, or find other content below.

Recent Pharmacy Daily articles

26 Feb

Weekly Comment 26 Feb 18 - WELCOME to PD's weekly comment feature. This ...


26 Feb

Dispensary Corner 26 Feb 18 - REPRODUCTION experts have long held the view ...


26 Feb

Low BC awareness - A NEW report published in Public Health ...


26 Feb

Champix cardiac link - NEW research published in the American Journal ...


26 Feb

Pharmacy’s future - ALL APP Conference 2018 attendees are being ...


26 Feb

Pharmacy chronic pain - DESPITE protestations by pharmacists that they have ...


26 Feb

APC consultant call - THE Australian Pharmacy Council (APC) is calling ...


26 Feb

FDA beats EMA - FROM 2007 to 2016, the US Food ...


26 Feb

Cannabis claims challenge - CLAIMS that medical cannabis use has reduced ...


26 Feb

Beauty Prescription bash - PRICELINE Pharmacy transformed Sydney's Randwick Racecourse into ...


23 Feb

Dispensary Corner 23 Feb 18 - DEDICATION to the task, what every company ...


23 Feb

J&J choice employer - THE Johnson & Johnson Family of Companies ...


23 Feb

Abstract submissions - CHOOSING Wisely Australia, an NPS MedicineWise initiative ...


23 Feb

Codeine price hike - SINCE products containing codeine became prescription only ...


23 Feb

My Chemist wins Roy Morgan PoTY - AUSTRALIAN pharmacy retailer My Chemist has taken ...


23 Feb

E-cigs support detox - ELECTRONIC cigarettes, used as an alternative form ...


23 Feb

New $35m global Ego HQ - FEDERAL Minister for Health Greg Hunt officially ...


23 Feb

Blackmores profit up 20% - BLACKMORES has reported overall group revenue was ...


23 Feb

MCC on cautionary RACP - AUSTRALIA'S peak medical cannabis industry group, the ...


22 Feb

PD breaking news – Blackmores H1 profit up 20% - Blackmores H1 profit up 20%Blackmores has reported ...



Show Pharmacy Daily items by month: