PEPS payments information

PEPS payments information

March 5, 2021

Contractors signed up to the Pharmacy Earlier Payments Scheme (PEPS) will have received their payments on 1 March directly from the NHS Business Services Authority (NHSBSA) instead of the finance company Greensill Capital.

Contractors have been rightly concerned by the recent news reports regarding Greensill: given the more general parlous state of community pharmacy funding, they cannot afford for anything else to impact on their income or cashflow.

PSNC raised the issue urgently with the Department of Health and Social Care (DHSC) who have given us the following statement: ‘Pharmacy contractors will continue to be paid. We are aware of developments with Greensill Capital and are in discussions to determine the next steps. We will provide an update when these have been finalised.’

PSNC Chief Executive Simon Dukes said:

“We will continue to monitor the situation carefully: this must not turn into another issue, outside of contractors’ control, to hit the financial confidence of the sector.”

For further information on PEPS, see NHSBSA’s and PSNC’s websites.

 



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