Accounts Receivable Finance
Accounts Receivable Finance
Accounts Receivable Finance OverviewEverything about Copay's accounts receivable finance facility.How It WorksApply, connect, and get paid the next business day.Accelerate Your PaymentsInsurance takes 60 days. Copay takes one.Healthcare Claims FinancingNot a loan. Not an MCA. Your claims, paid sooner.Flexible Funding OptionsScales automatically with your claim volume.Improve Cash FlowConsistent, predictable working capital.Reduce Collection DelaysStop the 30–90 day reimbursement wait.Benefits and FeaturesEverything included. No hidden terms.
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Network Partner Program OverviewEverything about Copay's network partner revenue share program.Medical Billing CompaniesRevenue share on every claim you process through Copay.Healthcare ClearinghousesAPI-native integration at the EDI layer.
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Referral Partner Program OverviewEverything about Copay's referral fee program.Independent Billers and CodersEarn a referral fee for every provider you send our way.Healthcare ConsultantsAdd cash flow solutions to your advisory practice.Financial Advisors and CPAsHelp your healthcare clients get paid faster.Healthcare AttorneysRefer clients with receivables challenges.Practice Management CompaniesA cash flow layer your clients actually need.
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Reference
Insurance Payer InsightsUnitedHealthcare, Anthem, Aetna, Cigna, Humana, BCBS, Centene, MolinaGlossaryHealthcare billing and finance terms definedCPT/HCPCS CodesBilling code definitions across all specialties
Accounts Receivable FinanceHow It WorksAccelerate Your PaymentsImprove Cash FlowBenefits and Features
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BlogInsurance Payer InsightsGlossaryFAQCPT/HCPCS Codes
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Benefits and Features

Everything included. Nothing hidden.

A complete breakdown of what Copay Accounts Receivable Finance includes, how the structure works, and what makes it different from every other healthcare financing option.

Why Copay
Non-recourse on eligible claims
Next business day funding
No debt on balance sheet
Zero workflow changes
Sample Claim
Billed Amount$182.40
Expected Net Reimbursement$173.30
Discount Fee$8.50
Purchase Amount$164.80
Coverage
Specialties supported
40+
Personal guaranteeNone
Payor notificationNone
HIPAA compliantYes
Core Benefits

What you get with Copay.

Six structural advantages that no traditional financing product can offer.

Non-recourse on eligible claims

Denied or underpaid eligible claims result in no financial obligation for your practice. Copay absorbs the loss. Your advance is never reversed, reduced, or clawed back. This is the single most important structural difference between Copay and every other financing option.

Next business day funding

Eligible claims are funded the next business day via ACH, every billing cycle, without a draw request or approval step. You do not wait for a funding window. You do not submit a request. Cash arrives automatically.

No debt on your balance sheet

Copay purchases your receivables outright. This is a sale, not a loan. Nothing is added to your liabilities. No personal guarantee is required. Your debt-to-income ratios are unaffected. Your credit profile does not change.

Capacity scales with your volume

Your available facility grows automatically as your billing volume grows. Adding a provider, opening a new location, or seeing more patients expands your capacity without renegotiation, reapplication, or a credit committee review.

Zero changes to your billing workflow

Your billing team submits claims exactly as they always have. No new portal to log into. No new forms to complete. No training required. Copay connects at the integration layer, invisible to your staff.

Invisible to payors and patients

Copay does not contact your payors or notify them of the arrangement. Your payor contracts are not altered. Patients receive no communication from Copay. Your revenue cycle relationships stay entirely yours.

Feature Detail

Everything included in your facility.

No tiers. No add-ons. Every feature below is included with your Copay Accounts Receivable Finance facility.

FeatureHow It Works
Funding SpeedEligible claims funded the next business day via ACH. Automatic every billing cycle.
Advance RateDetermined individually per claim based on Expected Net Reimbursement for your specific payor, procedure, and specialty. Not a blended average.
Non-Recourse ProtectionApplicable to all eligible purchased claims. Denials, reductions, and non-payment on eligible claims are absorbed by Copay.
Minimum VolumeNo minimum session count or claim volume required to apply. Facility size is determined during underwriting based on your actual billing history.
Payor CoverageAll major commercial payors including UnitedHealthcare, Anthem, Aetna, Cigna, Humana, and Blue Cross Blue Shield plans. Medicare and Medicaid eligibility varies by state.
Specialty CoverageAvailable across more than 40 specialties including behavioral health, primary care, cardiology, physical therapy, and urgent care.
Telehealth ClaimsIn-person and telehealth claims eligible on the same terms. Place of service does not affect eligibility.
IntegrationConnects to your existing EHR, practice management system, or clearinghouse. Implementation typically completed within one to two weeks.
Dashboard AccessReal-time view of purchased claims, advance amounts, payor status, and reconciliation activity via the Copay portal.
HIPAA ComplianceAll claim data encrypted in transit and at rest. Business Associate Agreement executed before integration goes live.
Personal GuaranteeNot required.
Balance Sheet ImpactNone. Receivable purchase is not a loan. No debt is added.
Payor NotificationNone. Payors are not contacted or notified.
How the Structure Works

A purchase, not a loan.

Understanding the difference between accounts receivable finance and other healthcare financing products.

What gets purchased

Copay purchases the right to collect on your eligible insurance receivables. You sell the receivable at a discount in exchange for immediate cash. The payor ultimately reimburses Copay, not your practice, on purchased claims.

What you receive

The advance is the purchase price Copay pays for your receivable. It equals the Expected Net Reimbursement for that claim, less the discount fee. You receive this amount the next business day. No debt. No interest. No repayment.

What happens at reconciliation

When the payor reimburses, Copay reconciles against the advance. If the claim pays above the advance, the difference is settled per your agreement. If it is denied on an eligible claim, Copay absorbs the variance. You are not involved.

See if Copay is the right fit for your practice.

96% approval rate. Schedule a demo and we will walk through your specific payor mix and specialty.

Schedule a Demo Product Overview