Over 9600 contractors benefit from earlier advance payments on 10 March
Over 9,600 pharmacy contractors who declared their February 2022 FP34C submission figures through the Manage Your Service (MYS) portal by 5 March 2022 will receive earlier advance payments on Thursday 10 March 2022 (circa 20 days earlier than the normal advance payment timetable). These contractors will receive a letter from the NHSBSA regarding these payments.
This still leaves over 1,500 contractors who will not receive any earlier advance payments in March, because their February FP34C declarations were either submitted late through MYS (after 5 March) or they used the paper FP34C submission document to make their declaration. These contractors will receive their advance payments in accordance with the normal payment timetable i.e. on 1 April 2022.
Please note the last paper FP34C submission document was posted out to contractors in February 2022. From April 2022 (i.e. for prescriptions dispensed in March 2022), MYS will be the ONLY route available to contractors for all monthly FP34C submissions. From next month, To benefit from earlier advance payments, contractors still relying on the paper FP34C submission document will have no choice but to submit their monthly declarations through the MYS portal. Pharmacy contractors who have not already registered for MYS can download and complete the form on the NHSBSA’s website and send it to firstname.lastname@example.org.
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 email@example.com