Medipass Solutions
Medipass Solutions, operating as Tyro Health, provides EFTPOS terminals and a browser-based payment and claiming platform for Australian healthcare providers, integrating with 100+ Practice Management Systems and Medicare, private health insurers, DVA, NDIS, and workers' compensation schemes.
- Company typePrivate
- Founded2015
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Medipass Solutions does
Medipass Solutions operates under the brand Tyro Health and is a wholly owned subsidiary of ASX-listed Tyro Payments Limited (AFSL 471951). The company provides payment and claiming infrastructure to Australian healthcare providers, combining EFTPOS hardware (CounterTop, Mobile, and the new Pro Key terminals) with a browser-based solution, Tyro Health Online, that processes card and digital wallet payments plus Medicare, DVA, NDIS, workers' compensation, and private health insurance claims. The platform integrates with 100+ Practice Management Systems and connects to Australia's largest health funders, including coverage of 99.7% of the privately insured population via HealthPoint, positioning it as an end-to-end payments and claiming layer rather than a standalone terminal vendor.
Revenue is generated primarily through transaction-based card acceptance fees on EFTPOS and online payments, recurring monthly terminal rental fees (Pro Key, CounterTop, Mobile), and subscription components for the browser-based Tyro Health Online product. Pricing is quote-based and not publicly disclosed, with optional "No Cost EFTPOS" pricing and Dynamic Surcharging features tied to regulatory developments such as the RBA surcharge ban. Go-to-market combines direct field sales for EFTPOS hardware, fully self-serve online onboarding through the Medipass-powered Tyro Health Online platform, and partner-led distribution via the PMS integration footprint and developer portal. The customer base spans eight healthcare verticals: Aged Care, Allied Health, Dental, General Practice, Medical Specialists, Pathology & Imaging, Pharmacy, and Veterinary, with limited disclosed concentration in any single segment.
Medipass Solutions firmographics
Firmographics- Name
- Medipass Solutions
- Legal name
- Tyro Health Pty Ltd
- Website
- https://medipass.com.au
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Medipass Solutions, operating as Tyro Health, provides EFTPOS terminals and a browser-based payment and claiming platform for Australian healthcare providers, integrating with 100+ Practice Management Systems and Medicare, private health insurers, DVA, NDIS, and workers' compensation schemes.
- Ownership category
- akta.pro rank
Where Medipass Solutions is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Medipass Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- EFTPOS Transaction Processing: Transaction fees from processing card payments (credit cards, debit cards, digital wallets) through EFTPOS terminals. Revenue generated through cost of acceptance pricing with options for Dynamic Surcharging.
- Healthcare Claiming Processing: Processing Medicare, private health insurance, DVA, workers' compensation, and NDIS claims. Revenue derived from transaction/claiming fees integrated with EFTPOS and online solutions.
- EFTPOS Terminal Rental: Rental fees for Pro Key, CounterTop, and Mobile EFTPOS machines. Terminal rental is a recurring revenue stream with optional same-day settlement via Tyro Transaction Account.
- Tyro Health Online Subscription: Browser-based online payment and claiming solution. Revenue model includes transaction fees for card processing and potentially subscription components for premium features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard EFTPOS Pricing |
| Transaction based/ take rate | Pay-as-you-go | No Cost EFTPOS Pricing |
| Subscription | Monthly | EFTPOS Terminal Rental |
| Subscription | Monthly | Tyro Health Online |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Medipass Solutions product offering
Product offeringCore offering
Medipass Solutions operates as Tyro Health, providing healthcare payment and claiming solutions to Australian providers. The offering combines EFTPOS terminals (CounterTop, Mobile, Pro Key), a browser-based online payment and claiming platform (Tyro Health Online), and integrations with 100+ Practice Management Systems and major Australian health funders including Medicare, DVA, private health insurers, NDIS, and workers' compensation schemes.
Product overview
Medipass Solutions operates Tyro Health as a unified healthcare payment and claiming platform consisting of hardware-based EFTPOS terminals (CounterTop, Mobile, and Pro Key), browser-based online payment and claiming solutions (Tyro Health Online), and modular features including multi-merchant capability, digital insurance card support, payment links, and telehealth payment management. The portfolio integrates with 100+ Practice Management Systems and major Australian health funders including Medicare, private health insurers, DVA, NDIS, and workers' compensation schemes to provide end-to-end payment and claiming workflows for healthcare practices.
Differentiator
Problem solved
Functional benefit
Products and services
- Tyro Health Online
Quantifiable outcome
- Covering 99.7% of Australia's privately insured population for instant claiming
- +2 more outcomes
Companies that use Medipass Solutions
Customer profileSegments8 records
Ideal customer profiles2 records
Medipass Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration30 records
Feature11 records
Medipass Solutions partnerships and signals
Strategic signalPartnerships
27 partnerships are on record, tiered core.
- Medicare (Services Australia)coreIntegration with Medicare claiming systems including Medicare Easyclaim for in-terminal claiming and ECLIPSE for electronic claiming. Enables instant Medicare rebate processing for healthcare providers.
- Private Health Insurers (HealthPoint)coreHealthPoint integration covering over 99.7% of Australia's privately insured population. Supports instant private health insurance claiming and quotes in-person via EFTPOS or online via integrated PMS partners.
- DVA (Department of Veterans' Affairs)coreIntegration for DVA claiming processing, allowing healthcare providers to submit veteran health claims electronically.
- NDIS (National Disability Insurance Scheme)coreNDIS claiming integration enabling disability service providers to process payments and claims through Tyro Health solutions.
- WorkSafe VictoriacoreWorkers' compensation claiming integration for Victorian healthcare providers.
- icare NSWcoreWorkers' compensation and injury insurance claiming for NSW healthcare providers through icare.
- WorkCover QueenslandcoreQueensland workers' compensation claiming integration.
- ComcarecoreCommonwealth workers' compensation claiming integration for Comcare scheme participants.
- Department of Health (Aged Care)coreIntegration with Australian Government Department of Health for aged care payment and claiming solutions.
- Bp PremiercorePractice Management System integration with Bp Premier for integrated payment and claiming workflows.
- ClinikocorePractice Management System integration with Cliniko for integrated payment and claiming workflows.
- Core PracticecorePractice Management System integration with Core Practice for integrated payment and claiming workflows.
- Dental4WindowscoreDental Practice Management System integration with Dental4Windows for dental payment and claiming.
- Fred NXTcorePharmacy Practice Management System integration with Fred NXT for pharmacy payment and claiming.
- Genie from MagentuscoreMedical Practice Management System integration with Genie for integrated payment and claiming.
- HalaxycorePractice Management System integration with Halaxy for integrated payment and claiming workflows.
- NookalcorePractice Management System integration with Nookal for integrated payment and claiming workflows.
- ZandacorePractice Management System integration with Zanda for integrated payment and claiming workflows.
- PracSuitecorePractice Management System integration with PracSuite for integrated payment and claiming.
- TM3coreAllied Health Practice Management System integration with TM3 for payment and claiming.
- ZedmedcoreMedical Practice Management System integration with Zedmed for integrated payment and claiming.
- MedicalDirector PracsoftcoreMedical Practice Management System integration with MedicalDirector Pracsoft for integrated payment and claiming.
- Dentally by Henry Schein OnecoreDental Practice Management System integration with Dentally for dental payment and claiming.
- RxOnecorePharmacy Practice Management System integration with RxOne for pharmacy payment and claiming.
- AutoMedcorePractice Management System integration with AutoMed for integrated payment and claiming.
- Z SoftwarecorePractice Management System integration with Z Software for integrated payment and claiming.
- Tyro Payments Limited (Parent Company)coreTyro Health Pty Ltd ABN 21 615 345 536 is a wholly owned but not guaranteed subsidiary of Tyro Payments Limited ACN 103 575 042 AFSL 471951. Tyro Payments is the issuer of financial products and parent entity.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Medipass Solutions competitors and assessment
Company assessmentDirect peers
- HICAPS: HICAPS is an Australian healthcare claiming and payment terminal provider owned by NAB, offering EFTPOS-based Medicare, PHI, and DVA claiming to Australian providers. It is the most direct competitor to Tyro Health's EFTPOS-based claiming value proposition in the Australian market.
- Medipass (legacy platform): The Medipass platform was acquired by Tyro Payments and is now operated as Tyro Health Online (tyrohealth.medipass.io). It is the predecessor product to Tyro Health's online claiming and payment solution and remains the underlying self-serve onboarding engine.
- HealthPoint: HealthPoint is the dominant Australian private health insurance electronic claiming network used by Tyro Health and competing EFTPOS providers. It is a critical infrastructure partner and direct comparator for PHI claiming capability.
Broad incumbents
- Tyro Payments: Tyro Payments is the ASX-listed parent company and Australia's largest EFTPOS provider to SMBs. Tyro Health is a healthcare-specialised vertical within Tyro's broader payments portfolio, and any Tyro comparison must consider the parent context for capital, brand, and infrastructure.
- Square (Block): Square is a global payments platform operating in Australia that targets SMBs including healthcare practices with EFTPOS and online payment processing. While not healthcare-specialised, it competes for the same Australian practice payment volumes.
- Stripe: Stripe is a global online payments platform with a strong Australian presence and is increasingly used by telehealth and digital health providers for online payment and subscription billing. It competes with Tyro Health Online for browser-based healthcare payment volumes.
Regional players
- Windcave: Windcave (formerly Payment Express) is a New Zealand-headquartered payment processor with Australian operations, providing EFTPOS and online payment processing to SMBs including healthcare verticals. Comparable as an Asia-Pacific EFTPOS and online payments competitor.
- Pin Payments: Pin Payments is an Australian online payment processor serving SMBs including healthcare and allied health practices. Comparable as a domestic competitor for online payment and payment link volume that competes with Tyro Health Online.
- EZIDEBIT (Global Payments): EZIDEBIT, part of Global Payments, is an Australian direct debit and payment processor commonly used by healthcare, dental, and allied health practices for recurring billing and patient payments. Comparable for healthcare payment volumes and recurring billing workflows.
Emerging players
- Halaxy: Halaxy is an Australian practice management software platform for allied health and medical practitioners that integrates with Tyro Health for payments and claiming. As a PMS partner, it is both an indirect distribution channel and a competing surface for embedded payment experiences.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Medipass Solutions social profiles
Digital presenceMedipass Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medipass Solutions leadership team
Management profileNumber of profiles
Profiles4 records
Medipass Solutions funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medipass Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medipass Solutions
What does Medipass Solutions do?
Medipass Solutions operates as Tyro Health, providing healthcare payment and claiming solutions to Australian providers. The offering combines EFTPOS terminals (CounterTop, Mobile, Pro Key), a browser-based online payment and claiming platform (Tyro Health Online), and integrations with 100+ Practice Management Systems and major Australian health funders including Medicare, DVA, private health insurers, NDIS, and workers' compensation schemes.
Is Medipass Solutions a public or private company?
Medipass Solutions is a private company. It is classified as corporate owned and is currently operating.
When was Medipass Solutions founded?
Medipass Solutions was founded in 2015. It employs 11 to 50 people.
Where is Medipass Solutions based?
Medipass Solutions is headquartered in Melbourne, Australia, in the Oceania region.
How does Medipass Solutions make money?
Four revenue lines are on record. EFTPOS Transaction Processing is the primary driver. The others are healthcare Claiming Processing, EFTPOS Terminal Rental and tyro Health Online Subscription.
Who are Medipass Solutions's main competitors?
Direct peers on record are HICAPS, Medipass (legacy platform) and HealthPoint. Broad incumbents are Tyro Payments, Square (Block) and Stripe. Regional players are Windcave, Pin Payments and EZIDEBIT (Global Payments). Halaxy is listed as an emerging player.
Does Medipass Solutions have an API?
Yes. Medipass Solutions exposes a public API. Developer documentation is at docs.tyrohealth.com/developer-portal/introduction-sdk.