The tech company has teamed up with Best Practice to release the platform, known as ‘Calculate’.
Practice intelligence platform Cubiko is moving into payments, teaming up with Best Practice to launch a new platform called Calculate.
The platform is designed to provide an efficient and accurate solution to calculating practice service and practitioner fees to reduce administrative burden on general practice.
The shift into the payment side of general practice has been touted by the Cubiko team as a logical next step to better support customers.
“We’re adding this as a new sort of product in our lineup to keep building out how we can help our customers,” Cubiko CEO Chris Smeed told The Medical Republic.
The Calculate platform was developed in consultation with real-world practices and insight from a trusted group of specialist healthcare accountants.
Cubiko says the platform’s data governance framework ensures all customer data remains private and securely under the control of the practice.
Best Practice released a statement saying the development of Calculate came from a shared commitment to addressing current issues facing practice teams and proposition of improvement.
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“We’ve been working closely with Cubiko to ensure that Calculate not only meets the specific needs of Australian general practices but also integrates seamlessly with Best Practice’s software,” said Best Practice’s chief product officer Danielle Bancroft.
“The platform is designed to be scalable, secure, and highly accurate, which is crucial for practices of all sizes.”
The system has been described by Cubiko as a “techstack” meaning that the platform has very tangible pathways for adaptation, allowing it to be sustainably developed to consistently meet the needs of general practice.
“So having calculate built now in 2025 with the tool sets and the and the programming and the infrastructure that are available to us means that it’s built in a way that’s super flexible and super adaptable,” Mr Smeed told TMR.
“Our team can ship new features or changes or anything like that really, really quickly.
“We built it in a way that we can update the programme super quickly to match all those nuances as we discover more and more.”
Mr Smeed said the platform was designed to reduce administrative burden, easing the workload across the entirety of general practice, not specifically just practitioners.
“Team computers are super good at applying rules and logic, and that’s why we find calculate is super, super helpful, but we can also then be tailored to each different agreement that might exist within the practice,” he said.
