What We Do and Why We Do It
The cost of medical procedures and insurance-related expenses continues to rise. What this means for your practice is that a larger sum of money is expected from patients at the time procedures are performed. Sixty-one percent of employed Americans are unprepared for an out-of-pocket expense of $5,000.
The market for financing in medical procedures continues to evolve with new lenders entering the space each year. Each lender has a very specific credit profile which they seek from potential patients/clients. Managing these options is both time consuming and frustrating for both the provider and the patient.
CopernicusMD queries the patient’s ICD-10 codes against his or her insurance to determine how much the patient will be responsible to pay out-of-pocket. We pre-qualify your patient for a loan if he or she needs to finance the patient responsibility. We can match your patients with lenders.
CopernicusMD is not a collections agency; we are a finance solution. We offer patients who qualify, the option of financing their medical expenses. Then CopernicusMD (instead of your practice staff) takes on the responsibility of managing the billing and collection of those payments.
Meet The Team
THE CopernicusMD TEAM
CopernicusMD grew out of the belief that there was a better way to manage practice cash flow and pricing transparency between patients and carriers. Assembling a team of advisors, executives and some of the most talented coders, CopernicusMD was born. Combining a revolutionary platform with a forward-thinking process is what CopernicusMD is all about. Our team and our platform bring cutting-edge solutions to the pain points you experience in your daily practice.
Whether it’s checking your patients’ carrier eligibility, pre-approval for procedures, bringing patients and third-party finance providers together, or solving the ever growing co-pay and deductible dilemma, CopernicusMD is a solution designed to grow your practice, contract your AR cycle, and increase your monthly cash flow.