Funding of $344 million is provided under the Fifth Community Pharmacy Agreement (5CPA) for the Pharmacy Practice Incentive (PPI) Program. The PPI Program and its six priority areas recognise the beneficial health outcomes that can be achieved through the delivery of quality services to an agreed standard in community pharmacy.
PPI has been designed to ensure that patients receive the highest quality of care, information, advice and services through a robust quality framework.
The latest QCPP Requirements Manual (release June 2011) incorporates the new requirements of the Australian Standard, and also accommodates new reporting and record keeping obligations as part of the Pharmacy Practice Incentives (PPIs) in the Fifth Community Pharmacy (5CPA). The introduction of PPI payments represents an exciting shift in incentivising accreditation within a quality framework. Community pharmacies will no longer be financially incentivised simply for being accredited under a quality accreditation system. The payment of PPIs is linked to the delivery of a specific service to the quality Standard. Therefore, eligibility for each PPI category is linked to meeting specific requirements within QCPP.
For the purposes of the Pharmacy Practice Incentives (PPI) Program, pharmacies must notify the Guild within fourteen days of a complete change of ownership or change to PBS approval number. Failure to do so may result in:
For more information on how to update your details with PPI visit the Change of Pharmacy Status page under the Member Services tab.