An analyte measurement system for measuring a glucose concentration in physiological fluid of a user, the system comprising: a test strip including a substrate having a reference electrode, a first working electrode and a second working electrode coated with a reagent layer having a mediator, the electrodes being connected to corresponding contact pads (211, 213, 215); and an analyte meter for measuring the glucose concentration in physiological fluid of the user with the test strip, the analyte meter comprising: a microprocessor and a test circuit in connection with a test strip port that receives the contact pads of the test strip so that the meter is configured to apply a test voltage after deposition of physiological fluid on the electrodes and determine a hematocrit-corrected glucose concentration from measured first, second, third, fourth and fifth test currents at first, second, third, fourth, and fifth discrete intervals after application of the test voltage by the analyte meter, wherein the hematocrit-corrected glucose concentration is a value obtained with the following: G = I 1 I 2 a − b I 3 I 4 × I 5 − intercept slope where: G is the hematocrit-corrected glucose concentration; I 1 is the first test current; I 2 is the second test current; I 3 is the third test current; I 4 is the fourth test current; I 5 is the fifth test current; a and b are tuning parameters that are empirically derived; intercept is an intercept value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus a reference glucose concentration; and slope is a slope value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus the reference glucose concentration. a test strip including a substrate having a reference electrode, a first working electrode and a second working electrode coated with a reagent layer having a mediator, the electrodes being connected to corresponding contact pads (211, 213, 215); and an analyte meter for measuring the glucose concentration in physiological fluid of the user with the test strip, the analyte meter comprising: a microprocessor and a test circuit in connection with a test strip port that receives the contact pads of the test strip so that the meter is configured to apply a test voltage after deposition of physiological fluid on the electrodes and determine a hematocrit-corrected glucose concentration from measured first, second, third, fourth and fifth test currents at first, second, third, fourth, and fifth discrete intervals after application of the test voltage by the analyte meter, wherein the hematocrit-corrected glucose concentration is a value obtained with the following: G = I 1 I 2 a − b I 3 I 4 × I 5 − intercept slope where: G is the hematocrit-corrected glucose concentration; I 1 is the first test current; I 2 is the second test current; I 3 is the third test current; I 4 is the fourth test current; I 5 is the fifth test current; a and b are tuning parameters that are empirically derived; intercept is an intercept value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus a reference glucose concentration; and slope is a slope value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus the reference glucose concentration. a microprocessor and a test circuit in connection with a test strip port that receives the contact pads of the test strip so that the meter is configured to apply a test voltage after deposition of physiological fluid on the electrodes and determine a hematocrit-corrected glucose concentration from measured first, second, third, fourth and fifth test currents at first, second, third, fourth, and fifth discrete intervals after application of the test voltage by the analyte meter, wherein the hematocrit-corrected glucose concentration is a value obtained with the following: G = I 1 I 2 a − b I 3 I 4 × I 5 − intercept slope where: G is the hematocrit-corrected glucose concentration; I 1 is the first test current; I 2 is the second test current; I 3 is the third test current; I 4 is the fourth test current; I 5 is the fifth test current; a and b are tuning parameters that are empirically derived; intercept is an intercept value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus a reference glucose concentration; and slope is a slope value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus the reference glucose concentration. G is the hematocrit-corrected glucose concentration; I 1 is the first test current; I 2 is the second test current; I 3 is the third test current; I 4 is the fourth test current; I 5 is the fifth test current; a and b are tuning parameters that are empirically derived; intercept is an intercept value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus a reference glucose concentration; and slope is a slope value determined from a linear regression of a plot of I 1 I 2 a − b I 3 I 4 × I 5 versus the reference glucose concentration.