Early Advanced Payments Following an End to PEPS 

Early Advanced Payments Following an End to PEPS 

September 21, 2021

From November 2021, all community pharmacy contractors will have the chance to receive earlier advance payments, following agreement between PSNC and the Department of Health and Social Care (DHSC).  Advance payments will be made approximately 20 days earlier than the current payment timetable for contractors who make their monthly FP34C submissions through the Manage Your Service (MYS) portal by the 5th of the month.

The agreement came as part of discussions on the Pharmacy Earlier Payment Scheme (PEPS), which DHSC decided to end. The option to receive earlier payments (for prescriptions dispensed from October 2021 onwards) should benefit all contractors, whether or not they had taken advantage of the PEPS.

Action for contractors: all contractor are strongly encouraged to start using the MYS portal to make their monthly submission declarations.

Read more information about the impact of the ending of PEPS on cashflow

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