Cash Flow Implications

A newsletter has been released on 05th December 2023 containing important information detailing the cash flow implications and funding opportunities for contractors following on from the recent CPE updates. For further details, please see below.

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Pharmacy First – Set up fees and registration
PQS NMS Claiming Deadline – 31st December 2023
Hypertension Case Finding Service – Set Up Fees + ABPM Incentive Fees Deadline
Lateral Flow Device (LFD Service) – REGISTER NOW
Pharmacy Contraception Service – Instalment set up fees

Pharmacy First – Set up fees and registration

All pharmacy owners who want to provide the Pharmacy First service (including those already providing the Community Pharmacist Consultation Service (CPCS)) MUST declare that they agree to the terms and scope of the three elements of the Pharmacy First service;

  • NHS Referrals for Minor Illness
  • Urgent Medicine Supply
  • The Clinical Pathway Consultations (7 common condition and PGDs) on the NHS Business Services Authority Manage Your Service (MYS) portal.

Pharmacy owners who intend to provide the Pharmacy First service are now able to claim their initial £2,000 fixed payment (reclaimed if pharmacy doesn’t provide 5 consultations by end of March 2024). Monthly fixed payments of £1000 following the GoLive, subject to meeting the minimum activity threshold. Please see the table below for the breakdown.

The deadline for making this declaration is 11.59pm on 31st January 2024; however pharmacy owners who register by 11.59pm on 31st December 2023 will receive the payment on 1st February 2024 (those who register after this date but by 11.59pm on 31st January 2024, will receive the payment on 1st March 2024 instead).

Pharmacy owners who do not register by 11.59pm on 31st January 2024, will still be able to sign up for the Pharmacy First service after this date, but they will not be entitled to the £2,000 initial fixed payment.

For further details, click here

PQS NMS Claiming Deadline – 31st December 2023

Important reminder to contractors participating in PQS, a minimum of 15 NMS must have been completed by the end of this month.
Please check your previous months MYS submissions to ensure the total, up to and including your December claim meets the minimum required 15 NMS. Please note that your December claims must have been entered into MYS no later that 5th January 2024.

For Further details, click here

Hypertension Case Finding Service – Set Up Fees + ABPM Incentive Fees Deadline

For contractors now wanting to register via the MYS portal, following the recent changes to the SLA’s from 1st December, you are able to claim a set up fee of £440.
Pharmacy owners who sign up after 2021/22 must achieve the ABPM activity thresholds specified in the given financial year (for 2023/24 this has been set at 20 ABPM’s) , and will receive £1000 as a first payment.

Pharmacy owners who signed up in 2021/22 or 2022/23 but not achieving 5 ABPM interventions in 2021/22 or 15 ABPM interventions in 2022/23 and pharmacy owners who signed up in 2023/24 must achieve 20 ABPM checks in 2023/24 to receive the £1,000 payment. As the incentive fees are only available for thresholds achieved up to 31st March 2024, no further incentive payments will be made after this period.

Additionally, pharmacy contractors who have delivered the minimum number of ABPM checks each year, will automatically trigger the incentive payment of £400 for 2023/24 once they have achieved the minimum 20 ABPM checks.

For further details, click here

Lateral Flow Device (LFD Service) – REGISTER NOW

A reminder for contractors not yet signed up for the LFD Service that you must do so via the MYS Platform, once you are ready to provide the service. A service fee of £4 + VAT will be paid for each completed transaction of the supply of one box of five COVID-19 LFD test kits and the cost of tests supplied will be paid according to arrangements set out in the latest Drug Tariff.

Pharmacy owners will need to submit their claims for payment within the MYS portal, as part of the normal month end claims process.

For further details, click here

 

Pharmacy Contraception Service – Instalment set up fees

The PCS started on 24th April 2023, allowing the on-going supply of oral contraception (OC) from community pharmacies. From 1st December 2023, the service includes both initiation and on-going supply of OC.

Existing contractors currently signed up, will have a transition period until 29th February 2024.
For contractors now wanting to register via the MYS portal, following the recent changes to the SLA’s from 1st December, you must provide both elements of the service.

A set-up fee of £900 per pharmacy premises paid in instalments as follows:
£400 paid on signing up to deliver the service via the NHSBSA’s MYS portal;
£250 paid after claiming the first 5 consultations;
£250 paid after claiming a further 5 consultations (i.e. 10 consultations completed)

For further details, click here