Is Outdated Payments Tech Slowing Your Practice Down? Here’s the Fix

Picture a typical busy Monday morning at your practice. Patients are arriving, you’re juggling appointments, and the administrative tasks seem endless. One major source of stress? The time it takes to process payments and claims.
This is a familiar scenario for many healthcare providers in Australia. Outdated payment systems can create bottlenecks, leading to frustration for both patients and staff, and taking valuable time away from what really matters: providing high-quality patient care.

However, there is a solution.

With a modern payment solution, you can transform your practice into a more efficient, patient-focused, and profitable business.

Imagine a practice where patients can pay their bills quickly and easily, allowing your staff to dedicate more time to patient interactions, which can improve overall morale and productivity. A streamlined payments and claims workflow can significantly reduce errors and speed up claim submissions, ultimately supporting your practice’s growth.

For example, the Tyro Pro Key is a next-generation EFTPOS device designed to improve healthcare payment processes. It’s built with a focus on accessibility and user-friendliness, combining a tactile keypad with a touchscreen to accommodate all patients comfortably. This flexibility can minimise confusion and anxiety for patients while helping staff process payments more efficiently, reducing wait times.

This inclusivity is essential in healthcare settings, where diverse patient populations may have varying levels of tech-savviness. By incorporating a device like the Pro Key, which caters to different preferences and abilities, you not only reduce confusion and anxiety for patients but also foster a welcoming environment that prioritises their needs.

The user-friendly design of the Tyro Pro Key doesn’t just help patients; it also significantly enhances the efficiency and productivity of practice staff. With both a tactile keypad and a touchscreen, staff can choose the most convenient method for processing payments, depending on the situation. For instance, a busy front desk can quickly enter transaction details using the keypad while allowing other tasks to be completed using the touchscreen interface when necessary.

“When speaking with our providers, it became clear that practice staff wanted the option of using a physical keypad in addition to a touchscreen. Knowing this, we’ve designed a device that offers both methods, giving staff more flexibility,” says Pete Williams, CTO at Tyro Health.

Staff can easily switch between methods to accommodate patients’ preferences, which minimises wait times and enhances the overall patient experience. Not only that, but less time spent on payment processing means more time available for staff to engage with patients, answer questions, and provide personalised care—key elements that contribute to higher patient satisfaction.

Beyond its user-friendly design, Tyro Pro Key will seamlessly integrate with existing practice management systems (PMS). This integration can streamline payment workflows by reducing the time spent entering and submitting insurance claims, processing gap payments, and handling end-of-day reporting.

Looking ahead, Tyro Pro Key is set to introduce features that further enhance convenience and accessibility, like standalone Private Health and Overseas Visitor claiming (no ethernet cable needed anymore), sign-on-glass, multi-merchant, digital health insurance cards, and options to minimise payment processing costs, such as Dynamic Surcharging1 and Tap & Save2 least-cost routing.

These innovations will help alleviate the stress often associated with payments and claims, allowing you to focus more on patient care. By choosing a modern payment solution, you’re not just improving efficiency; you’re also enhancing the patient experience and supporting your practice’s growth in a meaningful way.

To stay updated on the Tyro Pro Key launch and to learn more about how this device can transform your practice, visit tyrohealth.com/prokey and register your interest.

About Tyro Health

Tyro Health simplifies claims and payments for healthcare providers by offering innovative digital solutions through Tyro Health Online, and our point-of-sale EFTPOS devices. Designed for the health industry, our EFTPOS solutions seamlessly integrate with Best Practice, ensuring efficient operations for your business. Whether you’re an individual practitioner or a multi-location health business, our solutions are designed around the way you work. Find out more at tyrohealth.com

Tyro Health Pty Ltd (Tyro Health) is a wholly owned but not guaranteed subsidiary of Tyro Payments Limited ACN 103 575 042 AFSL 471951.

Disclaimers:

Advertised features will be released progressively and may not be available immediately upon launch.

1. Dynamic Surcharging is available for Mastercard, Visa, eftpos, UnionPay, American Express, JCB, and Diners Club transactions. The Dynamic Surcharging feature is not available for eCommerce transactions or to customers on No Cost EFTPOS pricing. By default, we do not include your EFTPOS machine rental costs into the calculation of your cost of acceptance, however you may choose to apply these costs into your calculation of your cost of acceptance via the Tyro Portal subject to the surcharging rules as set by the RBA and enforced by ACCC and, in relation to American Express transactions, the American Express Merchant Operating Guide (found at www.americanexpress.com.au/merchantopguide).

2. Tyro does not guarantee any cost savings by opting in for Tap & Save. Savings on eligible transactions processed through the cheapest network vary for each business depending on their card mix, transaction volume and amount, industry, and pricing plan. Eligible transactions are contactless debit card transactions less than $1,000. Tap & Save is not available on Special Offer pricing or Card Not-Present Transactions. For details refer to Tyro.com or call 1300 00 TYRO (8976).

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