Pharmacy Integration Fund should be used to improve patient care, says RPS

Pharmacy Integration Fund should be used to improve patient care, says RPS

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Businesses can no longer charge customers for credit or debit card use

Businesses can no longer charge customers for credit or debit card use

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Updates issued for NMS post-payment verification and NUMSAS claims

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CCGs should do more to promote community pharmacy role in winter pressures

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  • Pharmacy Integration Fund should be used to improve patient care, says RPS

    Pharmacy Integration Fund should be used to improve patient care, says RPS

    Thursday, 18 January 2018 10:43
  • Businesses can no longer charge customers for credit or debit card use

    Businesses can no longer charge customers for credit or debit card use

    Wednesday, 17 January 2018 10:05
  • Updates issued for NMS post-payment verification and NUMSAS claims

    Updates issued for NMS post-payment verification and NUMSAS claims

    Monday, 15 January 2018 10:52
  • CCGs should do more to promote community pharmacy role in winter pressures

    CCGs should do more to promote community pharmacy role in winter pressures

    Monday, 15 January 2018 10:45
  • Plastic bag charge will be voluntary for small retailers for time being

    Plastic bag charge will be voluntary for small retailers for time being

    Friday, 12 January 2018 14:33

Umesh Modi is a chartered accountant, and Pamini Jatheeskumar is a chartered certified accountant at Silver Levene...
  Don Lavoie is alcohol programme manager at Public Health England and Gul Root is lead...
Don Lavoie is alcohol programme manager at Public Health England and Gul Root is lead pharmacist, Health and Wellbeing Directorate, Public Health England
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PSNC logo high resSeptember 27 2017

PSNC has drawn up a timetable indicating how contractor payments will be affected by Category M price reductions over the next few months. 

 The new set of category M price reductions came into effect in the August Drug Tariff.

“At the beginning of October, a pharmacy would receive an advance payment for the dispensing month of August,” said PSNC. “This is an estimated payment, taking into account the pharmacy’s number of declared items for August, and the pharmacy’s average item value (AIV) from dispensing month of July. This means that the advance for August is likely to overstate the value of August’s prescriptions.”

The payment made in November will be the balance of the reimbursement and will take into account the advance payment which will be retained by NHS Prescription Services. “This is the point where the impact on contractors will be most significant as the balance for August will be lower than the recovery of the advance,” said PSNC.

“PSNC strongly advises contractors to analyse the impact on their finances. We hope the resources below will help contractors to better understand and plan.”

The advice from PSNC also includes a worked example illustrating how payments will be affected for an average volume pharmacy, whose AIV is reduced by 17p per item from dispensing month of August.

Link:
PSNC announcement     

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