Banking for orthopedic practices
Lemma keeps facility and professional revenue in separate entities and pays vendors by flat-rate wire.
Book a demo
Lemma keeps facility and professional revenue in separate entities and pays vendors by flat-rate wire.
Book a demoSurgical professional fees
Matched line by line against each case, including the pro-fee portion of global-period claims.
ASC facility fees
Reconciled into the surgery center's own account, separate from professional revenue.
Workers' comp cases
Mailed State Fund settlements land in a lockbox and match to the claim the day they arrive.
Implant and device payables
Large vendor invoices wired out at a flat rate, tracked apart from day-to-day operating cash.
Remittances match line by line, including global-period claims, so surgical and clinic revenue reconciles per case.
Deposit
Separate accounts for the practice and the ASC, with per-surgeon collection tracking.
Summit MSO
$1,240,680.90
$486,340.20
$612,900.75
$140,960.10
Pay vendors by free ACH, send patient refunds as mailed checks from the dashboard, charge patient cards on file, and issue debit cards with per-card limits.
Bill pay
Mailed check, no post office
Up to 1.75% APY on every balance, FDIC coverage of $100M+ per entity through the sweep network, and Lemma Capital advances on claims you have already submitted.
Operating account
$212,480.00
Up to 1.75% APY
Three places an orthopedic group's cash flow usually catches, each one quiet enough that it looks fine until it doesn't.
A single implant case can carry a six-figure vendor bill, and paying it from the same account as payroll blurs where that cash should sit.
Set a threshold once, and Lemma sweeps implant payables cash into its own account automatically.
Sweep rule
Operating •• 6210 → Implant payables •• 9140 when balance exceeds $50,000
$218,600.00
$96,750.00
A single global-period payment covers the surgery, the follow-up visits, and the facility fee all at once, and splitting it back out by hand means re-deriving the case math every time.
Lemma splits every global-period remittance into its pro-fee and facility-fee shares the day it lands.
Incoming deposit
State Fund and other comp payers settle on their own timeline and frequently mail a paper check that sits outside the normal ERA flow.
Lemma digitizes every mailed comp settlement and matches it to the claim the same day.
Settlement received
Deposits match against claims from your PM and clearinghouse. Custom integrations available. See all integrations.
5 min
to open
Up to 1.75%
APY
$100M+
FDIC
94%
auto-match
Business Banking
An account per entity, opened in five minutes.
MSO-PC Banking
Purpose built for multi-entity practice structures.
Lockbox
A separate lockbox address for every PC.
Remittance Reconciliation
Deposits matched to remittance automatically.
Lemma Capital
Working capital sized to your revenue.
Corporate Cards
Free virtual and physical debit cards with custom limits.
Integration
Connect your clearinghouse, EHR, and books.
Revenue Routing
Split shared deposits across every PC, daily.
Free for a single entity. Groups pay $50 per entity per month. ACH is free, wires are $15, lockbox envelopes are $2.50.
Deposits are spread across our partner bank network, extending coverage to $100M+ per entity.
No. Lemma is the bank. We read from those systems and send the matched data back.
Yes. The practice PC and the ASC each keep their own account, and both roll up under the MSO in one login.
By flat-rate wire, straight from the dashboard, with no separate processor or manual wire form.
Yes. Collections tag to the surgeon on the claim, so per-surgeon totals are available without a separate report.
