The IPP financial report has been updated to include a new line:
Line 8 - Retro Concession Price Adjustment:
The Net Ingredient Cost of adjustments caused by the retrospective top-up payment for concessionary prices. Part II Clause 8 E of the England and Wales Drug Tariff. The retrospective concessionary top-up amount Part VIIIE of the Drug Tariff.
Trusts/Providers that use the IPP report to reconcile their monthly invoice will need to add this Retro Concession Price Adjustment value to the Practice/Comm./Prov. Prescribing value (line 1 of the IPP report) in order to reconcile the ‘Prescribing’ value on the invoice received.
More detail on how to reconcile your invoice can be found in the updated ePACT2 - Reconciling your NHSBSA Invoice user guide.