Closures? What closures? Pharmacies dig in to stay in the market

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Closures? What closures? Pharmacies dig in to stay in the market

Jonathan
Chilton-Towle
Hillcrest Pharmacy
Hillcrest Healthcare Pharmacy owner Thomas Bennett (right) and Cutshop franchisor André Hofer at the opening of the new-look pharmacy in late 2017

During last year’s negotiations over the Integrated Community Pharmacy Services Agreement, the number of pharmacies in New Zealand was predicted to consolidate due to more competition and a new funding environment. The contract has been in force since 1 October, and Jonathan Chilton-Towle examines how pharmacies are adapting

Pharmacy sector profits are thinner than ever and with an uncertain regulatory future, tight margins and cut-throat competition, everything in the pas