Accounts receivable financing for medical practices.
Copay purchases your eligible insurance claims at the service-line level and pays the next business day.
While insurance takes 30 to 90 days, your practice cannot wait.
Copay is not a loan, not factoring, and not a merchant cash advance, and not the copay a patient pays at the front desk.
Accounts receivable, aging
Don't let aging A/R kill your practice.
Every bucket of aging A/R is working capital you have already earned but cannot use yet. Copay turns those eligible claims into capital the next business day, so you fund payroll and rent from revenue you produced, not from a loan you have to pay back.
What Copay takes
Next business day
Insurance: 30 to 90 days
Your payroll doesn't wait.
Three steps from claim to capital.
Connect your billing software once. Submit claims as you do today. Get paid the next business day.
Connect
Connect your billing software once. Takes minutes.
Submit
Submit claims exactly as you do today. Nothing changes.
Get Paid
Capital in your account the next business day.
Capital without the strings.
Working capital sourced from claims you have already earned, not a loan against your future revenue. No debt, no personal guarantee, no repayment schedule.
Non-recourse
Non-recourse means a denied eligible claim is Copay's loss, not yours. Your advance is never clawed back.
Claim #18473
CPT 99213
Not your liability
No workflow change
Your billing team submits claims exactly as they do today. Nothing changes except when you get paid.
No personal guarantee
- No personal credit check
- No personal guarantee
- Nothing added to your liabilities
Next business day
- Deposited via ACH
- Every billing cycle
- Reconciled automatically
0% approval rate
- Across commercial payers
- Service-line level pricing
- 13M+ claims processed
Consistent working capital, without the debt.
Your working capital comes from claims you have already earned, not a loan. As you submit more eligible claims, more capital is available the next business day, automatically. There are no draw requests and no facility to renegotiate as your practice grows.
Available working capital
Scales with volumeBar height is your submitted claim volume. Available capital rises with it, month over month.
From submitted claim to funded account.
While insurance takes 30 to 90 days, Copay moves in one.
Step 01 · Submit
You submit your claims as normal
Nothing changes about how your billing team works.
Claim #18473
DOS 02/04/24
Office or other outpatient visit for the evaluation and management of an established patient, low complexity
Step 02 · Verify & Price
We verify and price in real time
Copay checks payor history and prices the claim at the CPT level.
Underwriting in progress
Step 03 · Approved
Advance approved
Capital is approved and scheduled for next business day deposit.
Advance Approved
$4,200
Net advance
Step 04 · Funded
Capital in your account
While the payor takes 30 to 90 days, you already have your capital.
Your account
$0
Available balance
Copay reconciles automatically when the payor pays. You do nothing.
Common questions.
No. Copay purchases your eligible insurance claims outright, with no debt, no interest, and no repayment schedule. It is not a loan, not factoring, and not a merchant cash advance.
Non-recourse means a denied eligible claim is Copay's loss, not yours. If an eligible purchased claim is denied or underpaid, Copay absorbs the loss with no clawbacks against your practice.
Each claim is priced individually. Copay evaluates expected net reimbursement using data specific to your payor, procedure, and specialty, so the advance reflects how that claim actually performs.
No. Copay never contacts your payors. Your payor relationships and contracts stay entirely with your practice, and your billing team keeps submitting claims exactly as it does today.
Most underwriting reviews finish within days. Connecting your billing software typically takes one to two weeks, after which eligible claims are funded the next business day.
No. Copay is not a loan, not factoring, and not a merchant cash advance. Your working capital comes from claims you have already earned. Copay purchases your eligible claims at the service-line level and deposits the capital the next business day, so there is no repayment schedule and nothing added to your balance sheet as debt.
Yes. Because the capital is sourced from purchased claims, your available working capital scales automatically with your clean-claim volume. There is no fixed facility size, no draw request, and no cap to renegotiate as you add providers, see more patients, or open a new location.
Go deeper on accounts receivable finance.
Get paid on your claims the next business day.
Connect your billing software once. No loans. No changes to how your team works.