Banking for

Orthopedic Practices

Banking for Orthopedic Practices

Banking for Orthopedic Practices

High-volume billing. Complex payer mix. Surgical and clinical revenue streams. Your bank should handle all of it.

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Why Orthopedic Practices Need Specialized Banking

Orthopedic practices operate one of the most complex billing environments in healthcare — surgical procedures billed separately from office visits, implant costs to reconcile, workers comp and personal injury payers alongside standard insurance, and often multiple providers across clinical and surgical locations. The result is a high volume of ACH deposits arriving on different schedules from different payers, check-based remittances requiring lockbox processing, and frequent wire transfers to implant vendors and equipment suppliers. Most business banks weren't built for any of this.

Why Orthopedic Practices Need Specialized Banking

Why Orthopedic Practices Need Specialized Banking

What Orthopedic Practices Get With Lemma

Everything your practice needs, nothing you don't.

Everything your practice needs,

none of what you don't.

Free ACH - Unlimited

$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.

$15 Flat Wire Transfers

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

1.75% APY on All Balances

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

Lockbox at $2 Per Check

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

Wire transder

$15 Flat Wire 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

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

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

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

Built for Multi-Location and ASC-Affiliated Practices

If you operate across multiple clinical locations or have an affiliated ambulatory surgery center, Lemma's virtual accounts let orthopedic groups manage finances per entity or location under a single banking relationship. Each account gets its own routing number for payment purposes, while you maintain a consolidated view across the group — no need to manage multiple banking logins or open accounts at multiple institutions.

Built for Multi-Location Urgent Care Groups

Built for Multi-Location Urgent Care 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

Do I need a separate business bank account for my dental practice?

Does Lemma support workers comp payments?

Does Lemma support workers comp payments?

Can ASC-affiliated orthopedic groups use Lemma?

Is there a minimum balance requirement?

Can ASC-affiliated orthopedic groups use Lemma?

Is there a minimum balance requirement?

Does Lemma support workers comp payments?

Can ASC-affiliated orthopedic groups use Lemma?

Is there a minimum balance requirement?

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, 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.

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.