Views:
The average item value is calculated using the total of drug and appliance costs plus fees less any medicine use reviews, appliance use reviews and new medicine service values, divided by the total number of professional fees.

For example:
 
  • Total drug and appliance costs and fees: £19356.07
     
  • MURs: £56
     
  • Total professional fees: 2228
     
  • £19,356.07 - £56 = £19,300
     
  • Divided by 2228 = £8.66 average item value

If you are a new pharmacy and have not submitted your prescriptions for the previous three months, a national average is applied.