Newmarket - (Tue 3rd June) Understanding PAs & VAT (AM) / Endorsing & Branding (PM)

Date
Time
Location
Click here to book the full day
Newmarket Racecourse
Newmarket
CB8 0TF

Book a place on this session now

If you are a PSUK member, please to book onto this event.

Not a member?

Please email events@psuk.co.uk

Date
Time
Location
Click here to book the AM only (PAs and VAT)
Newmarket Racecourse
Newmarket
CB8 0TF

Book a place on this session now

If you are a PSUK member, please to book onto this event.

Not a member?

Please email events@psuk.co.uk

Date
Time
Location
Click here to book the PM only - Endorsing & Branding
Newmarket Racecourse
Newmarket
CB8 0TF

Book a place on this session now

If you are a PSUK member, please to book onto this event.

Not a member?

Please email events@psuk.co.uk

Presented by Jim Mandeville (AM only) and Caroline Pond

Event overview - AM

This course is designed to allow those involved in practice financial management along with those in dispensary management to dig deeper into the subject of Value Added Tax and how it impacts practice finances.

It will include an informative session on how to review the practice VAT accounting requirements and the strategies for maximising VAT recovery, as well as spending time looking at the more practical considerations to understanding and handling PAs (personally administered items), understanding drug statements  and creating simple dispensary management accounts to  manage profitability.

This session is suited to a broad spectrum of Practice team members including those with an interest in finances as well as dispensary managers and partners.

09:00 - Arrival and breakfast items

09:30 - Training starts

11:00 - Refreshment Break

12:30 - Event Close with lunch

Event Overview (PM)

What to prescribe, what to dispense, when to endorse, how to handle concessions? These are all questions that seem to cause confusion and that confusion can potentially be dragging down dispensary profit margins. Understanding the rules around reimbursement are key to having the necessary knowledge to make informed decisions about altering or endorsing prescriptions to avoid loss. 

The Drug Tariff or the dm+d browser should resources that we are super-confident in using and once you understand reimbursement rules they really not as scary as you might think! 

This training will teach you how to correctly use the Drug Tariff and the dm+d and how to analyse and handle concessions. This session is best suited for Dispensary Managers, Practice Managers, Dispensers & GPs.

12:30 - Arrival Registration and Lunch

13:30 - Training Starts

15:00 - Refreshment break

16:30 - Event Close

Sponsors

There will be some manufacturer partners in attendance who have sponsored the day’s event. They will have a small stand at the event and we could encourage you to take the time to visit them at their stands. They have had no input in the educational content. The sponsors in attendance are: