Panacea Financial Announces Collaboration with Texas Medical Association

LITTLE ROCK, Ark. - March 4, 2025 - PRLog -- Panacea Financial and the Texas Medical Association (TMA) today announced they are working together to provide TMA's 59,000 members with financial services, including personal and practice loans designed to physician needs.

"As a company founded by physicians, we understand the financial challenges physicians face, from medical school through practice ownership," said Michael Jerkins, MD, M.Ed., president and co-founder of Panacea Financial. "Collaborating with the Texas Medical Association enables us to better support Texan physicians at every stage of their careers, offering solutions that prioritize their financial wellness and peace of mind."

"As the health care landscape grows more competitive and more challenging, physicians at every stage of their career can benefit from access to an array of financial products and banking services," said G. Ray Callas, MD, president of Texas Medical Association. "We are excited to offer our members this comprehensive package of services."

Panacea Financial is a financial services company created for doctors, by doctors on the premise that traditional banks simply do not understand the financial needs of medical professionals. Panacea provides tailored product offerings and service delivery designed specifically for physicians throughout their career: from medical school, through residency and fellowship, and into any practice setting. Panacea's products cover the full suite of banking needs for doctors and doctors-in-training, including personal loans, practice loans, checking and savings accounts, and more.

For more information about this new venture, visit https://panaceafinancial.com/our-partners/tma-members/.

About Panacea Financial

Panacea Financial, a Division of Primis, focuses on providing world class financial services for dentists, physicians, and veterinarians through all stages of their training and practice. Panacea offers a full suite of banking and technology solutions specifically built for doctors, by doctors.

About the Texas Medical Association

TMA is the largest state medical society in the nation, representing more than 59,000 physician and medical student members. It is located in Austin and has 110 component county medical societies around the state. TMA's key objective since 1853 is to improve the health of all Texans.