Banking for

Dermatology Practices

Banking for Orthopedic Practices

Banking for Orthopedic Practices

Insurance reimbursements, cash-pay procedures, and high patient volume — your bank should handle all of it efficiently.

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Dermatology's Unique Banking Mix

Dermatology practices have one of the most varied revenue mixes in medicine: medical dermatology billed to insurance, cosmetic procedures paid out-of-pocket, and often a retail component. This means ACH reimbursements from insurers, cash collections from self-pay patients, and check remittances requiring lockbox processing. A bank that penalizes you with per-transaction fees on high-volume ACH is a meaningful operational disadvantage — particularly when practices can receive hundreds of insurance payments per month.

Dermatology's Unique Banking Mix

Why Orthopedic Practices Need Specialized Banking

What Dermatology Practices Get With Lemma

Built for the full revenue picture.

Free ACH for Insurance Reimbursements

All medical dermatology procedures billed to insurance processed at $0 per ACH — regardless of transaction volume.

Virtual Accounts for Revenue Segregation

Separate insurance reimbursements from cosmetic and cash-pay revenue without opening multiple bank accounts — each stream gets its own account number.

1.75% APY on All Balances

Dermatology practices often accumulate meaningful cash from both insurance cycles and cash-pay procedures. That balance earns 1.75% APY.

Lockbox at $2 Per Check

Check-based payments from any payer automatically received, deposited, and remittance-captured at $2 per item.

Wire transder

$15 Flat Wire

TransfersWire transfers

$15 Flat Wire Transfers

Pay Vendors, labs, equipment and earn cashback up to 2.5%. Spend categorised in your account software

For implant vendor payments, equipment purchases, and lease deposits — flat $15 wires with no percentage-based fees.

Free ACH

Free ACH - Unlimited

Free ACH - Unlimited

Every dollar earns from day one, across every account. Sweep network protection up to $10M - not the standard $250K

$0 per transaction regardless of volume. Whether you're receiving reimbursements from Medicare, commercial payers, workers comp, or personal injury insurers, every ACH deposit is free.

1.75% interest

1.75% APY on All Balances

1.75% APY on All Balances

Pay Vendors, labs, equipment and earn cashback up to 2.5%. Spend categorised in your account software

Automates check receipt, deposit, and remittance capture for any payers still remitting by paper. $2 per item — far below traditional bank lockbox rates.

Lockbox

Lockbox at $2 Per Check

Lockbox at $2 Per Check

Every dollar earns from day one, across every account. Sweep network protection up to $10M - not the standard $250K

Orthopedic practices carry significant cash between surgical billing cycles. Lemma pays 1.75% APY on your entire balance — not just a portion of it.

Built for Multi-Location Derm Groups

As dermatology groups expand across locations, managing separate bank accounts for each entity creates friction. Lemma's virtual accounts provide per-location account numbers for payment routing with consolidated group-level visibility — so finance teams have a complete picture without toggling between multiple banking portals. Practices affiliated with management companies can manage the full group structure under a single banking relationship.

Built for Multi-Location Derm Groups

Built for Multi-Location Derm Groups

How lemma compares to your current bank

How lemma compares to

your current bank

Feature

Traditional bank

Lemma

ACH Fees

$0.25–$0.50 per transaction

$0

Wire Fees

$25–$45 per wire

$15 flat

Lockbox

High per-item fees

$2 per check

Interest on Balance

0.01%–0.10% APY

1.75% APY

Multi-location support

Multiple accounts required

Virtual accounts

Built for healthcare

No

Yes

Feature

Traditional bank

Lemma

ACH Fees

$0.25–$0.50

per transaction

$0

Wire Fees

$25–$45

per wire

$15 flat

Lockbox

High per

item fees

$2 per check

Interest

on balance

0.01%–0.10%

APY

$2 per check

Multi-location support

Multiple accounts required

Virtual accounts

Build for

healthcare

Yes

No

How lemma compares to your current bank

How lemma compares to your current bank

Feature

Traditional bank

Lemma

ACH Fees

$0.25–$0.50 per transaction

$0

Wire Fees

$25–$45 per wire

$15 flat

Lockbox

High per item fees

$2 per check

Intereston balance

0.01%–0.10% APY

$2 per check

Multi-location support

Multiple accounts required

Virtual accounts

Build for healthcare

Yes

No

FAQ

Common questions

Common questions

Common questions

Can dermatology practices use Lemma for both insurance and cash-pay revenue?

Can dermatology practices use Lemma for both insurance and cash-pay revenue?

Can dermatology practices use Lemma for both insurance and cash-pay revenue?

Does Lemma work for dermatology management companies?

Does Lemma work for dermatology management companies?

Does Lemma work for dermatology management companies?

Can dermatology practices use Lemma for both insurance and cash-pay revenue?

Does Lemma work for dermatology management companies?

Ready to modernize your

practice banking?

Open in minutes, no branch visit required

Free ACH – Lockbox – Wire transfers – 1.75% APY

Book a demo

Ready to modernize your

practice banking?

Open in minutes, no branch visit required

Free ACH – Lockbox – Wire transfers – 1.75% APY

Book a demo

Ready to modernize your practice banking?

Open in minutes, no branch visit required

Book a demo

Free ACH – Lockbox – Wire transfers – 1.75% APY

Lemma banking services are provided in partnership with Core Bank, Member FDIC. Deposits are FDIC insured up to $250,000 per depositor.

Lemma Technologies, Inc. is not a bank. Banking services are provided by Core Bank.

© 2026 Lemma Technologies, Inc. All rights reserved.

Banking services provided by partner banks, FDIC insured.

Lemma banking services are provided in partnership with Core Bank, Member FDIC. Deposits are FDIC insured up to $250,000 per depositor.

Lemma Technologies, Inc. is not a bank. Banking services are provided by Core Bank.

© 2026 Lemma Technologies, Inc. All rights reserved.

Banking services provided by partner banks, FDIC insured.

Lemma banking services are provided in partnership with Core Bank, MemberFDIC.

Deposits are FDIC insured up to $250,000 per depositor.

Lemma Technologies, Inc. is not a bank. Banking services are provided by Core Bank.

© 2026 Lemma Technologies, Inc. All rights reserved.

Banking services provided by partner banks, FDIC insured.