For NHS dispensing practices

Find the dispensary margin your practice is losing.

RxMargin analyses your dispensing income line by line, across reimbursement, rebates, price concessions and procurement, and shows you which lines lose money and how to recover it.

Built and run by dispensing GPsYour data stays private, hosted in the UK
Illustrative, for a roughly 8,000-patient dispensing practice; the loss ranges overlap and are not additive. See the complete sample dashboard & partner report →
Built by dispensing GPs UK-hosted & access-controlled Refreshed every period
The problem

Dispensing is one of your biggest income streams, and the hardest to see clearly.

Reimbursement, Drug Tariff changes, Category M, monthly price concessions, supplier rebates and procurement decisions all move independently. A line that made money last quarter can turn into a loss. Most practices simply don't have the time, or the tooling, to track it at the level where the money actually moves.

Line by line
Every drug, reconciled against what you were actually reimbursed
Monthly
Tracks Tariff, concessions and rebates as they change
Recoverable
Turns findings into specific actions, with the value at stake

Illustrative of the approach. Findings and figures are specific to each practice's own data.

What RxMargin does

A clear picture of where your dispensary stands, refreshed every month.

Drug-level margin

Net cost versus reimbursement for every line, so loss-making and over-tariff items surface immediately instead of hiding in the average.

Rebates & concessions

Tracks supplier rebate schemes and monthly price concessions, flagging where you're below the rates you could be earning.

Losses & procurement

Identifies genuine shortage losses, concession-dependent risk and cheaper same-month sourcing you missed, with the value at stake.

Ready-to-use outputs

Partner-ready reports, an interactive dashboard, and submission-ready workbooks, delivered through your own secure portal.

See it for real

Explore a full worked sample.

A fictional practice, fully built out, an interactive drug-level dashboard, a three-page partner-report PDF, and the prioritised recoverable-margin list. Exactly the format you'd receive, with invented numbers.

Interactive drug-level dashboard 3-page partner report (PDF) Recoverable-margin list
Open the sample dashboard →
How it works

You send the data once a period. We do the rest.

1

Share your data

Dispensing data, wholesaler invoices and remittances, sent securely. We provide a simple checklist.

2

We analyse

Our audited workflow reconciles every line and audits the figures before anything is reported.

3

You review

Dashboards and reports appear in your private portal, only your practice and our team can see them.

4

You act

A prioritised list of recoverable margin, refreshed each period so you can track the impact.

See the full method, the line-level maths and the engine behind it →  Â·  Or read the latest Tariff Watch →

Security & information governance

Built to be safe to put practice data on.

We treat your data the way a practice has to. Hosting is in the UK, every practice is isolated, and access is by individual sign-in, there's no shared login and no open link.

Per-practice isolation

Each practice can only reach its own material. One practice physically cannot fetch another's files, access is blocked before the request is served.

Individual sign-in

Each named user signs in with a one-time code to their own email. No shared passwords for you to manage, and access can be removed in seconds.

UK-hosted

Content is served from the UK behind an access-controlled front door, so practice material never sits on an open address.

Aggregate, not patient data

The analysis uses practice-level dispensing, tariff and invoice data, largely aggregate figures, not patient-identifiable records, which keeps the governance burden proportionate.

DSPT and a written DPA

We align to the NHS Data Security and Protection Toolkit and sign a data-processing agreement with your practice. You remain the data controller; we are your processor, with a defined retention and deletion policy.

Deterministic figures, no patient data to AI

Every reimbursement, cost and margin figure is computed by rule against the Drug Tariff, not guessed. Pattern-finding is assisted by AI, but no patient-identifiable data is ever sent to any AI model, and a human signs off every material number.

We provide a data-processing agreement, our DSPT position and our retention and deletion policy before any real practice data is shared.

Why RxMargin

Specialist analysis, not generic software.

Who builds it

RxMargin is built and run by practising NHS GP partners who dispense. The method was developed against real dispensing data from a working practice, encodes how a dispensary actually trades, and every material figure is audited by a dispensing GP before it reaches your portal, not generated and left unchecked.

Understood by people who dispense
Built and run by dispensing GPs, so the analysis reflects how a real dispensary actually operates, not a generic template.
Depth other tools skip
Margin, rebate and concession analysis at the line level, where the money genuinely moves.
A managed service
You don't learn new software or wrestle with data. You receive finished, audited analysis through a private portal.
Private by design
Each practice sees only its own material, behind individual sign-in, hosted in the UK.
Common questions

What practices ask us first.

What do you need from us to start?
Your dispensing data (e.g. PD4(PxQ)), recent wholesaler invoices and supplier remittances. We send a short checklist and a secure way to share it, no new software for your team to learn.
How is this different from what our accountant does?
Accountants work at the year-end, whole-dispensary level. We work at the individual drug-line level, every period, reconciling each line against what you were actually reimbursed and against the rates and concessions available that month. It complements your accountant; it doesn't replace them.
Is our data safe?
Yes. Each practice is isolated behind its own individual sign-in, hosted in the UK, with no shared link or login. The data we use is largely practice-level aggregate (dispensing, tariff and invoice figures), not patient-identifiable records. We provide a data-processing agreement before anything is shared.
How much time does it take us?
Minimal, you send the data once a period and review the findings in your portal. The analysis, reconciliation and reporting are done for you and delivered ready to act on.
What do we actually get back?
An interactive drug-level dashboard, partner-ready reports, and submission-ready workbooks (for example a prepared price-concession submission), plus a prioritised list of recoverable margin, all in your private portal and refreshed each period. When the price concessions change, you also get a one-page weekly update showing only the lines your practice dispenses and what the change is worth to you.
What does it cost?
A single monthly fee per practice, scaled to your list size and dispensing volume. Get in touch and we'll give you a straightforward quote after an initial look.
Latest from Tariff Watch

What is moving margin this month.

A short, dated read on the Drug Tariff, contract and QOF changes that move dispensing income, and for our practices, a one-page weekly update each time the price concessions change, showing only the lines you dispense. Read the full Tariff Watch →

Drug Tariff · 2026
Generic apixaban has reached the tariff
A very high-volume anticoagulant has moved to a Category M line. Early concession volatility means a real risk of dispensing at a loss during the switch.
Contract · 1 Apr 2026
2026/27 contract imposed; dispensing fee cut
Global Sum rose about 5.5% per weighted patient, but the dispensing fee per item fell for April to September 2026, with staff costs rising alongside.
QOF · 2026/27
QOF rises to 582 points, no income protection
Mostly a list-size effect. High achievers must earn every point on live performance, with several indicators changed, including a cut to the cholesterol points.
Get in touch

See what RxMargin finds in your dispensary.

Email us about an initial review and we'll explain what we'd need and what you'd get back. The first look is no-obligation: we'll tell you, from a single period of data, whether there's enough recoverable margin to be worth your while before you commit to anything.