New payment system launched in Victoria to provide greater convenience for TAC clients
The launch of LanternPay will move the TAC from a paper-based to a digital payment process
Photo credit: TAC
The Andrews Labor Government has launched a new payment system that will transform the way Victorian medical and health practitioners transact with the Transport Accident Commission (TAC) and improve care for Victorians.
The new payment platform, LanternPay, will save TAC service providers’ time and money, allowing them to focus on helping their patients get better.
Minister for Finance Robin Scott today joined physiotherapist Mark Round to launch LanternPay, which moves the TAC from a paper-based to a digital payment process. Minister Scott added, “LanternPay will streamline the way TAC works with medical and healthcare providers to support Victorians injured on our roads.”
“The technology will save time and money, and help practitioners focus more on the health, wellbeing and recovery of their clients – and less on invoices and administration.”
LanternPay allows providers to immediately confirm client eligibility, submit a digital invoice and receive payment from the TAC the next business day.
The platform is currently accessible on desktops, tablets and smartphones, and will be integrated with some of the healthcare industry’s most widely used practice management software systems next year.
The TAC’s shift to an automated payment process follows extensive feedback from health professionals, who said they wanted to spend less time on administration and more time helping TAC clients get their lives back on track.
TAC’s CEO Joe Calafiore said, “We’re making it easier for our providers to work with the TAC. We want them to have the certainty they can provide the right treatment at the right time, knowing their invoice will be paid quickly.”