ePSI payment
September 3, 2013
The new incentive payment
to eligible community
pharmacies to boost the uptake
of electronic prescriptions
is a very welcome and cost
effective application of existing
Fifth Community Pharmacy
Agreement funds.
This incentive will be
applicable for the 2013-14
financial year.
The incentive payment is an
important step in supporting
community pharmacy’s role in
improving the use of medicines
and reducing the number of
adverse medication events by
embedding Electronic Transfer
of Prescriptions (ETP) into
practice. It will encourage
more pharmacies to adjust
their workflow to facilitate the
scanning of barcodes on all
electronic prescriptions.
The ePSI will be funded
through a reallocation of
existing ETP funding within
the 5th Community Pharmacy
Agreement (5CPA). For eligible
pharmacies, it will mean a
payment of around $2000 per
pharmacy.
To qualify for the ePSI,
pharmacies will need to:
1. Be eligible for the
Pharmacy Practice Incentive
(PPI) Community Services
Support priority area, and
2. Meet (or exceed) specified
ETP Scan Rates over two
review periods. The first target
is an ETP Scan Rate of 15%
of all original prescriptions,
and you should be aiming to
achieve this rate of scanning, or
higher, by November 2013.
Visit the ETP Education
Program at the 5CPA website
by clicking here.
The above article was sent to subscribers in Pharmacy Daily's issue from 03 Sep 13To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 03 Sep 13
