OrthoFi

OrthoFi, Inc. is a technology-enabled service platform designed for the orthodontic industry, headquartered in Denver, Colorado. Founded in 2013, the company provides a comprehensive software solution that combines customer relationship management and revenue cycle management. This platform streamlines various processes, including patient acquisition, insurance eligibility verification, benefit calculations, and the collection of patient accounts and insurance claims. By outsourcing time-consuming front-office tasks, OrthoFi enhances operational efficiency for orthodontic practices and offers patients the flexibility to design their own payment plans. Overall, OrthoFi aims to support orthodontic practices in managing patient billing and collections while facilitating growth through its innovative software solutions.

Wendy Glickenhouse

CFO

2 past transactions

Comprehensive Finance

Acquisition in 2021
Provider of payment processing and management services intended for healthcare providers. The company offers a cloud-based payment system, payment management, customer support, real-time payment analytics, accounts receivable management software and other related services, helping healthcare professionals to manage payments.

OrthoBanc

Acquisition in 2021
OrthoBanc, LLC is a risk assessment and payment management provider based in Chattanooga, Tennessee, specializing in electronic payments for orthodontists and dentists. Established in 2000, OrthoBanc offers a web-based service known as OrthoBanc Way, which efficiently manages orthodontic payment plans by automatically drafting monthly payments from responsible parties' checking accounts or credit cards. In addition to payment drafting, the company handles patient follow-up for failed transactions and expired credit cards. Its suite of services includes account management, credit risk assessment, and integration with credit bureau reporting and collection services. With a management team boasting extensive experience in risk assessment, OrthoBanc has been instrumental in streamlining payment processes for orthodontic practices across the United States. As of December 31, 2020, OrthoBanc operates as a subsidiary of OrthoFi, Inc.
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