Practice payments for the Practice Incentives Program
Most payments made through PIP are made to practices, and focus on aspects of general practice that contribute to quality care.
If your practice's PIP application is successful, the practice will receive an initial PIP payment in the first payment quarter after approval. Payments will be made by electronic funds transfer in February, May, August and November each year, as long as the practice continues to meet the eligibility criteria.
We will automatically calculate entitlements for payments based on information received from the practice. This means it is important to inform us of any changes in your practice arrangements. To update your practice details use the Practice Incentives Change of practice details form.
Practices can spend their payment in any way they choose, although the usual taxation rules apply. However, the PIP payment is intended to support the practice in purchasing additional equipment, upgrading facilities or offering additional payment to doctors working at the practice.
Page last updated: 28 May 2020
This information was printed 21 September 2020 from https://www.servicesaustralia.gov.au/organisations/health-professionals/topics/practice-payments-practice-incentives-program/33186. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.