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.
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Comprehensive Finance
Acquisition in 2021
Comprehensive Finance specializes in payment solutions tailored for healthcare providers. The company offers a cloud-based payment processing and management system that supports healthcare professionals in managing their financial transactions. Its services include payment management, customer support, real-time payment analytics, and accounts receivable management software. By providing these tools, Comprehensive Finance aims to streamline the payment process, enhance operational efficiency, and improve the overall financial management of healthcare practices.
OrthoBanc
Acquisition in 2021
OrthoBanc, LLC is a provider of risk assessment and payment management services, focusing on electronic payments for orthodontists and dentists. Founded in 2000 and based in Chattanooga, Tennessee, the company offers a web-based account management service called OrthoBanc Way, which facilitates the management of orthodontic payment plans. This service automates the drafting of monthly payments from responsible parties' checking accounts or credit cards and manages follow-up on failed transactions and expired credit cards. Additionally, OrthoBanc provides services such as credit risk assessment, credit bureau reporting, and integration with collection services, enabling clients to streamline their accounts receivable management. As of December 31, 2020, OrthoBanc operates as a subsidiary of OrthoFi, Inc.
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