Get your cash the day you dispense — not weeks after.
Pharmacies pay suppliers up front, then wait weeks on the NHS reimbursement cycle with no interest for the capital they tied up. Instant settlements advance you against dispensed claims so working capital stops waiting on the reimbursement calendar — for pharmacies of every size.
Pay up front
You settle with suppliers the day you dispense — cash out the door before a penny comes back.
Wait weeks for cash
The NHS reimburses on its own cycle, leaving working capital tied up with no interest to show for it.
Close the gap
Instant settlements advance you against dispensed claims, so cashflow stops waiting on the reimbursement calendar.
The reimbursement cycle is an interest-free loan you make the NHS.
You pay suppliers the day you dispense, then wait weeks for the NHS to reimburse — capital tied up the whole time, with nothing to show for it. Instant settlements close that gap against dispensed claims.
- Settle against dispensed claims, not a rigid credit line
- Smooths the gap between supplier payments and NHS reimbursement
- Built on the same line-level claim data the margin engine already reads
The claims cycle today
- You dispense & pay your supplierDay 0
- Cash tied up, no interest earnedDay 1–30+
- NHS reimburses the claimWeeks later
Settled the day you dispense
£38,400
Working capital freed
Today
vs. weeks of waiting
Four steps between dispensing and cash in the bank.
Instant settlements sit on top of the claim data you already generate. There is no new workflow to learn — you dispense as usual, and the reimbursement calendar stops dictating your cashflow.
- 01
Connect your dispensing data
Tenens reads the same line-level PMR and claim data the margin engine already ingests — no new system to run, no manual uploads.
- 02
We advance against dispensed claims
As you dispense and submit, eligible claims are settled to you the same day — an advance against real dispensed volume, not a fixed credit line.
- 03
The NHS reimburses on its cycle
Reimbursement lands weeks later, exactly as it does today. Nothing changes in how you claim or how the NHS pays.
- 04
We reconcile automatically
When the reimbursement arrives, the advance is squared against it line by line — so your cash position stays clear and your books stay clean.
Who instant settlements are for.
Instant settlements are rolling out to a small group of early-access pharmacies. Eligibility is based on the claims you already generate — not on collateral or a long credit history.
- You dispense NHS prescriptions and submit claims on the standard reimbursement cycle
- You can connect your PMR / dispensing data so we can read claims line by line
- Any pharmacy size — from a single independent to a multi-site group or chain
- You want working capital smoothed against dispensed volume, not a fixed overdraft
What we look at
- Dispensing volumeMonthly claim value & consistency
- Data connectionPMR / claim feed availability
- Reimbursement historyStandard NHS claim cycle
- SetupNo new dispensing workflow required
Early access is limited while we roll out. We assess each pharmacy individually before onboarding.
Questions about instant settlements.
Is this a loan?+−
No. Instant settlements advance you against claims you have already dispensed and submitted — it settles real reimbursement earlier, rather than lending against collateral or a fixed credit line.
Does it change how I claim from the NHS?+−
Not at all. You dispense and submit exactly as you do today. The NHS reimburses on its normal cycle, and Tenens reconciles the advance against that reimbursement automatically.
What does it cost?+−
Pricing is being finalised with our early-access pharmacies. Because settlement is tied to dispensed volume, costs scale with what you actually advance — we will walk you through the numbers before you commit.
Do I need the margin engine to use settlements?+−
Settlements run on the same line-level claim data the margin engine reads, so they work best together. We will confirm the right setup for your pharmacy during onboarding.
When can I start?+−
Instant settlements are in early access and rolling out pharmacy by pharmacy. Request early access and we will assess your dispensing data and get you into the queue.
Free up the cash your claims are already earning.
Instant settlements are rolling out to a small group of early-access pharmacies. Tell us a little about your pharmacy and we'll assess your dispensing data.
- No obligation — we assess eligibility from the claims you already generate
- Any pharmacy size, from a single independent to a multi-site group
- We'll reply with next steps, not a sales sequence