Zhejiang Pharmaceutical purchasing: to be the first province to settle accounts in 30 days!

Source: www.medcine.com.cn, Dec 16, 2015, the guiding opinions of the general office of the State Council on improving the centralized procurement of drugs in public hospitals (GBF [2015] No 7) put forward the requirement of 30 day payment collection Is this long-awaited wish of a pharmaceutical enterprise really going to be realized? Zhejiang is expected to become the first province in the country to complete the settlement requirements within 30 days for each purchase of drugs, according to the Zhejiang provincial drug administration Can third-party settlement realize 30 day payment collection? It is said that Zhejiang provincial health and Family Planning Commission, under the support and guidance of the Provincial Department of finance, has recently completed the bidding work of the opening bank of the provincial drug centralized purchase settlement account, using the market mechanism to ensure the realization of 30 day settlement of drug payment Considering that there is a significant difference in the functional positioning between the provincial centralized purchase settlement account and the settlement account opened by the regular budget unit, it not only needs to have the basic function of the general settlement account, but also undertakes the important responsibility of providing data support for the continuous reform and improvement of the centralized purchase mechanism of drugs in the provincial public hospitals Therefore, the bank has higher quality requirements in terms of continuous service, storage fund security, financial technology support, etc At the same time, in order to improve the competition between banks, improve the quality of bank settlement services, and the technical risks of a single payment channel, the decision to open settlement accounts of two different banks was understood and supported by relevant departments Under the supervision of 4 supervisors, the evaluation expert group completed the bid evaluation in one day After 11 financial institutions have respectively carried out bidding elaboration and answered on-site questions, experts have carried out careful evaluation and scoring From the analysis of the statistical results, the gap between financial institutions in the scores of basic projects is not very large, mainly the interest rate scores and commitment projects If China Construction Bank promises to provide all software and hardware costs, it will grant interest free loans of 10-30 million to medical institutions for 56 days, and the financial costs of medical institutions will be reduced, and the interest rate of the deposited funds reported by it will reach 6%, twice the average interest rate reported by other banks ICBC promises to provide 90% interest free loans to medical institutions for 30 days, with a deposit interest rate of 4.575% After evaluation, the Construction Bank with the first comprehensive score and the industrial and Commercial Bank of China with the second comprehensive score are the candidates for winning the bid The establishment of the settlement account of the centralized purchase of drugs is an important link in the construction of a new platform for the purchase of drugs and equipment in our province, which integrates information flow, business flow and capital flow By introducing the third-party financial institutions to undertake the settlement function and using the market mechanism, not only the staffing and financial capital investment are saved, but also the spirit of Document No 7 of the general office of the State Council is guaranteed in terms of system and technology Zhejiang is expected to become the first province in China to complete the settlement requirements within 30 days for each purchase price of drugs It has been a chronic disease in the industry that the payment of the hospital in arrears is too serious According to the previous report of Securities Daily, under the background of the overall slowdown of economic growth, it is more difficult for enterprises to ask for debts, especially for pharmaceutical commercial companies with relatively high receivables The financial data of listed companies can well illustrate this point According to the data of tonghuashun, at present, 2716 listed companies have published the accounts receivable data in the first half of the year, with the total amount reaching 3.06 trillion yuan, and the average accounts receivable of each listed company is about 1.1 billion yuan In the first half of 2015, the total receivables of 19 A-share pharmaceutical commercial companies were 72.35 billion yuan, on average, the receivables of each listed company was 3.8 billion yuan Financial analysts said that enterprises with more receivables mean that the revenue has not been converted into cash of listed companies, which will have an impact on the cash flow of listed companies The higher the proportion of the company's accounts receivable is, the less cash it will get back In order to maintain the operation, some companies have to borrow money from banks and so on, which leads to the increase of the company's financial expenses and the reduction of the company's profit margin to a certain extent.