OrthoBanc, LLC
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OrthoBanc, LLC - overview
Established
2001
Location
-, TN, US
Primary Industry
Healthcare IT
About
Based in Tennessee, US, and founded in 2001, OrthoBanc, LLC operates as a payment management firm that automates monthly payments and offers a credit risk assessment tool. In December 2020, OrthoFi Inc. , a portfolio company of Accel-KKR, acquired OrthoBanc, LLC. As of 2020, the company is led by its CEO Bill Holt.
It offers tools for the patient financial lifecycle which includes risk assessment treatment and fee presentation, complete payment management, and point-of-care payment acceptance. The products offered by the firm include ZACC, Breeze, and Ortho Banc. Zacc offered by the company is a risk review and payment plan recommendations tool that helps its clients to review the risk and make payment plans for their patients. Breeze is the online or POS down payment acceptance tool whereas Ortho Banc is a patient payment management tool.
Current Investors
OrthoFi Inc.
Primary Industry
Healthcare IT
Sub Industries
e-Financial, Healthcare IT, Accounting/Finance Software, Medical Software
Website
www.us.orthobanc.com
Verticals
FinTech, FinTech, HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
OrthoBanc, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | OrthoBanc, LLC | - |
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