Deadline reminder: Pharmacy Earlier Payment Scheme

Deadline reminder: Pharmacy Earlier Payment Scheme

May 31, 2018

A new provider, Taulia, will take over the management of the Pharmacy Earlier Payment Scheme (PEPS) on 1st July 2018 (i.e. for prescriptions dispensed in June 2018).

As reported earlier this month, existing PEPS contractors have until the 31st May 2018 to opt in to the Scheme offered by Taulia.

Important information for contractors currently opted into the Scheme:

  • A termination note from Citibank may have already been sent to you.
  • The NHS Business Services Authority (NHSBSA) has recently sent out a letter (dated 15th May 2018) with information on the new provider (Taulia) including terms and conditions of the Scheme together with an opt in or opt out form to complete.
  • If you haven’t received a letter from NHSBSA and are registered under the current Scheme, please email nhsbsa.pepscontractorpayments@nhs.net immediately for further guidance.
  • It is important you respond to the letter providing your bank details, to confirm whether you wish to remain in the Scheme with Taulia, or if you want to be transferred and paid by NHSBSA according to their normal payment timetable.
  • To receive an earlier payment in July for June dispensed prescriptions you will need to complete and return the opt in form to the NHSBSA no later than 31st May 2018.

PEPS is a privately financed scheme allowing pharmacies to have early access to their monthly NHS payments. Further information about Taulia and the Scheme, including FAQs can be found on the NHSBSA and Taulia websites.

 



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