Banking built for medical practices
Insurance deposits match to claims automatically. Checks post without staff effort. Every dollar earns 1.75% APY.
Open in 5 minutes - no branch visit required.
What practices are saying
I've been managing separate accounts across three banks for years - taxes, payroll, expenses for each location. The virtual accounts clicked immediately. And we used to have a lockbox service we loved that got discontinued years ago. This is that, but better.
Owner
3-location orthodontics practice
Our cash posting team was manually reviewing every single check - some of them are 35 pages of EOBs. The idea of automating 90% of that and only touching the exceptions completely changes the workflow for us.
CFO
Multi-location infusion center
I run profit-first, so I was already juggling multiple accounts at different banks. Finding out I could do all of that in one place, with insurance ERA matching built in, was a no-brainer.
Owner
Solo dental practice
Collections are lumpy and remit visibility from payers is terrible. We never really knew what a deposit mapped to. Lemma was the first banking product I'd seen that actually tries to solve that problem.
Head of Finance
Behavioral health group
I've been managing separate accounts across three banks for years - taxes, payroll, expenses for each location. The virtual accounts clicked immediately. And we used to have a lockbox service we loved that got discontinued years ago. This is that, but better.
Owner
3-location orthodontics practice
Our cash posting team was manually reviewing every single check - some of them are 35 pages of EOBs. The idea of automating 90% of that and only touching the exceptions completely changes the workflow for us.
CFO
Multi-location infusion center
I run profit-first, so I was already juggling multiple accounts at different banks. Finding out I could do all of that in one place, with insurance ERA matching built in, was a no-brainer.
Owner
Solo dental practice
Collections are lumpy and remit visibility from payers is terrible. We never really knew what a deposit mapped to. Lemma was the first banking product I'd seen that actually tries to solve that problem.
Head of Finance
Behavioral health group
Everything your practice needs, none of what you don't.
AI lockbox for paper checks
Insurers mail checks to your Lemma lockbox address. We scan the remittance, deposit funds same-day, and link each payment to the claim. $2 per check - no staff effort required.
Automated deposit matching
Insurance and patient deposits match to claims at 96% accuracy, ready to post to your practice management system. No manual reconciliation.
Free ACH for insurance reimbursements
Receive EFTs from all major payers - UnitedHealth, Aetna, Blue Cross, Cigna, Medicaid, and more - with zero per-transaction fees.
1.75% APY on every dollar
Your entire balance earns 1.75% APY automatically. No tiers, no minimums, no action required.
Up to $10M FDIC coverage
Deposits are protected up to $10M through our FDIC-insured sweep network - 40x the standard $250K limit.
Command Center for multi-location groups
Each entity gets its own account. You manage everything from a single dashboard - balances, transactions, and automatic cash sweeps across locations.
Common questions
Lemma is built for any healthcare practice that deals with insurance billing - dental, behavioral health, dermatology, physical therapy, infusion centers, and more. Solo practitioners and multi-location groups both use us.
Your account comes with a dedicated lockbox mailing address. Insurers send paper checks there - we scan the EOB, deposit the funds same-day, and link the payment to the corresponding claim. $2 per check. Your team never touches paper.
Insurance EFTs arrive via ACH with no per-transaction fees. Each deposit is automatically matched to the corresponding claim at 96% accuracy, so your billing team spends less time reconciling and more time on patient care.
Yes. Each entity or location gets its own account with full transaction history. You see and manage everything from a single Command Center dashboard, including automatic cash sweeps between accounts.
About 5 minutes online. No branch visit, no paper forms. Once open, your account is ready to receive ACH reimbursements, lockbox checks, and wire transfers.
Ready to modernize your practice banking?
Open in minutes, no branch visit required
Free ACH - Lockbox - Wire transfers - 1.75% APY