Monthly payments

Monthly payments

This section contains detailed information on the payments made to NHS community pharmacies by the NHS Business Services Authority (NHSBSA).

The Schedule of Payments is a document which provides contractors with a summary breakdown of reimbursement for drugs and appliances provided against NHS prescriptions including the fees payable for any additional NHS services provided for example, Advanced Services and any locally authorised payments from your NHS England Area team. Pharmacy contractors can expect to receive their Schedule of Payment from NHSBSA 5 working days before the payment date.

 

Understanding
Your FP34
Schedule
of Payment

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Using Your
Schedule to
Monitor
Performance

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Essential Service
Payments

Indicative
income tables

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 Temporary
Safeguarding
Payments

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Essential
Small
Pharmacies

Timing of monthly payments

Normal payment option

An estimated 100% of the Advance payment for prescriptions is made by the NHSBSA for prescriptions submitted one month earlier (dispensed two months earlier). Payments are made on the 1st of each month, where this falls on a weekend or bank holiday payment will be made on the working day prior.

Normal payment option timeline

For example, June payment will comprise of the 100% estimated Advance payment for prescriptions submitted in May (dispensed in April) with the full value of the priced prescriptions less the recovery of the estimated 100% Advance payment for prescriptions submitted in April (dispensed in March).

Pharmacy Earlier Payment Scheme (PEPS)

This scheme gives pharmacy contractors early access to their monthly estimated 100% Advance payment.

PEPS, introduced in April 2013, is a privately financed, voluntary arrangement, as part of a broader initiative by the UK Government, to allow community pharmacies early access to their monthly Advance payment.

Only those contractors who register for the scheme and ensure their bundles are received by the NHSBSA by the set dates (see table below) will be able to access the early payments (subject to interest).  On 1st July 2018, Taulia, a new service provider managed by the NHSBSA, (Business Services Authority), took over from Citibank as the Scheme provider. New contractors can also join the Scheme which requires a minimum 30-day notice period. For further details on PEPs, click here.

Pharmacy Earlier Payment Scheme (PEPS) submission and payments timeline

 

*If days referred to above fall on a weekend or Bank holiday, the next available working day will be applied.

Further Resources

Factsheet: Using Your Schedule of Payments to Monitor Performance

Factsheet:  Claiming for EPS prescriptions on time

PSNC Briefing 010/20: Community Pharmacy Funding in 2020/21

PSNC Briefing 011/20: CPCF in 2020/21 – Frequently Asked Questions

Summary of funding changes



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