16Jul

The Pharmacy Power Calculator: know your numbers before anyone else does

Most pharmacy owners find out how their business actually performed several months after the fact, once the accountant has finished the year end. The Pharmacy Power Calculator exists to close that gap, giving you a real financial picture of your pharmacy whenever you want one, built from your own figures rather than a generic small business template.

—> Please contact us on info@pharmaplusltd.co.uk for a demo. *** FREE TO PHARMAPLUS MEMBERS ***

Quick Mode gets you there in minutes. Enter eight core inputs, items dispensed, locum hours and rates, rent, drawings and clinical service volumes, and the calculator returns an instant profit and loss position covering monthly revenue, EBITDA and your annual net position. It is free to use and needs no sign-up.

For owners who want the full picture, Full Inputs mode gives granular control over every cost and revenue line, modelled around how NHS community pharmacy actually works rather than approximated. CPCF dispensing fees, Pharmacy First banding caps, NMS pathways, Category M clawback and NHSBSA payment timing are all built in properly.

The What-If function lets you test a decision before you make it rather than finding out the consequences three months later in your accounts. Change your locum hours, increase your NMS volume, add a private service, and see the effect on your bottom line immediately.

The five-year projection takes this further, running a three-scenario forward model with a discounted cash flow valuation. Whether you are planning ahead, buying a second pharmacy, or weighing up an exit, this gives you a defensible starting point rather than a guess pulled from a conversation with another owner.

A separate cashflow view shows how NHSBSA payment timing and seasonal variation affect your actual cash position, which is often a very different picture from your P&L and the one that determines whether you can make payroll in a quiet month.

This is the kind of analysis an accountant would normally charge several hundred pounds to produce. It has been built specifically for community pharmacy economics, tested against real scenarios, and refined on feedback from members already using it. It is available to PharmaPlus members as part of your membership, with no separate charge.

—> Please contact us on info@pharmaplusltd.co.uk for a demo. *** FREE TO PHARMAPLUS MEMBERS ***

ABOUT THE AUTHOR

dipen@pharmaplusltd.co.uk