Company intelligence
Panacea Financial
Banking built for doctors, by doctors. Panacea Financial provides banking products through our bank partner, Primis.
About Panacea Financial
Panacea Financial offers financial services for doctors, by doctors. Doctors and doctors-in-training each occupy a unique financial space: despite the opportunity for success, roadblocks like inadequate cash flow, loan debt, and huge upfront costs limit access. So we’ve built a financial platform entirely for doctors and doctors in training – tailoring our financial approach and products specifically for you. Our specialized suite of financial products give you greater freedom to forge your future with specially tailored loan and checking/savings options. By reducing financial barriers and burdens, we ensure that all doctors have increased capacity to serve their patients and the population at large. As residents we found it difficult to cover costs of training, interviewing, or even an unexpected life cost without having to use a credit card, ask friends/family for money, or find a co-signer for a high-interest loan. It was frustrating that although we were entrusted with so much in patient care we could not find a lender that could look past our high debt burden, low trainee salary, and limited credit history to see us as a trustworthy borrower. We created Panacea Financial as a solution to meet the specific financial needs of medical professionals including trainees. Our mission is to alleviate your financial concerns, allowing you to practice unburdened. Powered by Primis, we offer services in all 50 states, Washington DC, and Puerto Rico.
Verified activity
Signals from Panacea Financial
4 published signals
People
Panacea Financial Foundation awarded five medical students with the 2026 Panacea Financial Foundation scholarship.
Reported by Panacea Financial
Presence & Recognition
Panacea Financial attended the TOP REP event hosted by Clear to Launch Healthcare Marketing and sponsored by Patterson Dental.
Reported by Panacea Financial
Presence & Recognition
Panacea Financial participated in the Independent Practice Accelerator Workshop hosted by the American Medical Association in Chicago from September 11 to 12, 2026, with co-founders Michael Jerkins MD, M.Ed.
Reported by Panacea Financial
Research & Knowledge
Panacea Financial published new data from Trilliant Health showing average commercial rates for identical office visit codes in Chicago, with employed physician rates at $239 and independent physician rates at $147.
Reported by Michael Jerkins MD, M.Ed