The National Prescribing Monitoring Document (PMD) shows the cost of prescribing to enable management of the drugs element of unified budgets.
National PMD Statements are produced each month and show:
- Prescribing budget for the current financial year (not shown in April or May)
- Total monthly spend
- Cumulative spend year to date (April to current month)
- Forecast of the actual under/over spend for the year (not shown in April or May)
- The number of dispensing days in the month and year to date
- The annual statement produced for March shows the actual expenditure for the financial year.
The figures are based on the 'actual' cost of drugs prescribed. 'Actual' cost is calculated by deducting the National Average Discount from the basic price of the prescription items, then adding an allowance for the containers in which the drugs are dispensed.
National Prescribing Monitoring Documents (PMD)- England