Cubiko & CommBank Health team up to bring financial & operational insights to primary healthcare
- Announcements, Cubiko
- Chris Smeed
- July 11, 2022
We’re thrilled to announce that Cubiko is partnering with healthcare specialist banker Commbank Health to bring actionable insights and business reporting to the Commbank Smart Health Solution.
What is Smart Health?
Commbank Smart Health is a platform that revolutionises healthcare payments for patients and providers. Smart Health helps practices reduce admin so they can focus on their patients, while also providing practice administrators with access to financial reporting via the CommBank Smart Health Hub.
For the first time, users will have access to real-time practice analytics and metrics powered by Cubiko, all inside the Smart Health Hub. These metrics will assist general practitioners in achieving better clinical and financial outcomes by bringing operational, financial and transactional data together in one place.
“Having worked with a growing number of general practices, we appreciate the competing pressures of delivering patient care and running a business,” said Cubiko CEO and Co-Founder Chris Smeed. “Partnering with CommBank will provide broader access to accurate, easy-to-understand data to track practice performance.”
Why is Cubiko partnering with CommBank Health?
We recognise that running a practice is becoming more and more difficult and that easy access to business-critical information is one of the most effective ways of helping practices not only run better but provide better care for patients.
Smart Health will include Cubiko metrics that enable more general pracitces to:
- Identify opportunities to bill efficiently though the MBS
- Gain deeper insight into their practice’s billings and expenses
- Forecast key practice stats such as utilisation and upcoming billing opportunities
- Better monitor and engage with patients suffering from chronic illnesses
What does this mean for Cubiko Customers?
In short, this partnership doesn’t change anything if you’re a Cubiko customer. However, if you’re a user of Smart Health, you’ll soon have access to some of the great reporting and insights Cubiko customers get to use every day!
It’s also important to note that no patient data leaves Cubiko, and that no data is exchanged between Cubiko and Commonwealth Bank in accordance with both parties strict data governance standards.
Frequently Asked Questions
Why have Cubiko and CommBank Partnered?
Cubiko and CommonWealth Bank have partnered to nurture and support Australian Medical Practices so that they can achieve greater financial and clinical outcomes.
Does Cubiko share any data with CommBank?
Does CommBank own shares in Cubiko?
Can I still use Cubiko if I don't bank with CommonWealth Bank?
Totally! Your Cubiko subscription is not dependant on on who you bank with. Cubiko supports practices of all kinds.
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