Facts and Figures
The Product
- The ScriptSwitch software has an NHS flat-rate cost of 37p per registered patient.
- More than 85 PCOs are currently using the product.
- Approximately 44% of all PCOs are using ScriptSwitch in some form.
- The average practice can save approximately £40,000 per annum through the system.
- That equates to a potential saving of £400 million per year across the NHS.
- Current savings delivered by the product stand at more than £1.1 million per month.
The Company
- ScriptSwitch was founded in 2001.
- The company employs over 30 people at its Coventry headquarters.
- The company doubled in size year-on-year since 2005/06.
- ScriptSwitch’s Private Equity Partner is ISIS.
- The company is completely independent of all pharmaceutical companies.
The Market
- Cost saving in the NHS continues to dominate the agenda.
- The annual NHS prescribing budget is £10.3 billion.
- There are 193 PCOs in the United Kingdom (152 PCTs in England).
- There are over 80,000 prescribers in the UK (42,876 GPs in UK).