Category M payments are causing cash flow issues for pharmacies across the UK – but it doesn't need to be that way.
Our specialist finance service for pharmacies, and pharmacy chains, can release up to 95% of monies owed by the NHS within 24 hours of submission.
The remaining 5%, less fees is paid once the FP34C has been settled.
Improving your cashflow
Our services are available only to pharmacies operating in England. It allows pharmacies to access funds tied up in the Prescription Pricing Division payment process.
Both paid and exempt prescription are eligible for funding.
No compromise on patient confidentiality
Importantly, patient and customer confidentiality is not compromised in any way. There is minimal administration required by you, and the process integrates seamlessly with the NHS payment systems – so your business confidentiality isn't compromised either.
Key benefits
- Access to funds within 24 hours
- Free-up working capital for business development
- Even-out cash flow peaks and troughs caused by Category M
- Minimal administration needed by you
- An easy-to-use online system to handle all transactions
Specialist team
RBS works with a qualified pharmacist to share and gain industry knowledge. We understand the issues faced by pharmacists and have a developed a financial solution to suit you.
Contact us on 0800 716 313.
Get in touch
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