ATO and govt in bid to solve hep C payment issues

The Australian Tax Office wants to talk to the pharmacy leaders about cash-flow issues linked to the timing of GST payments for wholesale medicines.

This follows a Pharmacy News article that highlighted concerns about the gap between the PBS payment cycle and the 14-day payment terms introduced by at least one wholesaler for the expensive new-generation hepatitis C medications.

The Pharmacy Guild also highlighted particular concern about potential cash-flow