Over 10,700 contractors benefit from earlier advance payments on 11 April
Over 10,700 pharmacy contractors who declared their March 2022 FP34C submission figures through the Manage Your Service (MYS) portal by 5 April 2022 will receive earlier advance payments on Monday 11 April 2022 (circa 20 days earlier than the normal advance payment timetable). These contractors will receive a letter from the NHS Business Services Authority (NHSBSA ) regarding these payments.
This still leaves over 500 contractors who will not receive any earlier advance payments in April, because their March FP34C declarations were submitted late through MYS (after 5 April). These contractors will receive their advance payments in accordance with the normal payment timetable i.e. on 1 May 2022.
From April 2022, MYS is the ONLY route available to contractors for all monthly FP34C submissions.
Please note that from April 2022 (for prescriptions dispensed in March 2022), the NHSBSA may apply an administrative deduction of £25 if a prescription bundle is submitted late.
If the FP34C submission document and prescription bundle is received very late by the NHSBSA (usually after the 20th of each month), contractors will not receive any advance payment but instead will only receive the final reconciliation payment. The FP34C submission cut-off dates for normal advance payments are published on the NHSBSA’s website.
Contractors should note that the final reconciliation payment date remains unchanged i.e. this will continue to be paid on the 1st working day of the month approximately two months after contractors have submitted the appropriate FP34C form and prescriptions for pricing.
Further details on the new payment arrangements for contractors are outlined in this PSNC Briefing.
Pharmacy contractors can also view an on-demand version of a webinar presented on the changes to advance payments and FP34C submission requirements.
For any queries regarding payments please contact firstname.lastname@example.org