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InstaMed Completes Inside Funding to Support Network Growth
PHILADELPHIA, PA and NEWPORT BEACH, CA (May 6, 2013) – InstaMed, the leading Healthcare Payments Network, announced today that it has completed an internal round of funding to support the rapid growth of its nationwide network of healthcare providers and payers. InstaMed’s broad base of existing investors participated in this funding round.
“In the past year,… Read MoreThe InstaMed Healthcare Payments Account Revolutionizes the Way Providers Get Paid
Providers of all sizes get paid faster and through more channels than ever before with the InstaMed Healthcare Payments Account
PHILADELPHIA, PA and NEWPORT BEACH, CA (April 23, 2013) – InstaMed, the leading Healthcare Payments Network, announced today that it has launched the InstaMed Healthcare Payments Account, which revolutionizes the way providers get paid from payers… Read MoreCase Study: Estimating Patient Responsibility to Collect More
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“As our clients see more and more self-pay patients, we knew we needed to implement ways to collect more from patients and effectively communicate payment expectations without adding an administrative burden on our staff or our clients. InstaMed gave us the tools to verify eligibility and estimate patient responsibility before… Read MoreInstaMed Releases Third Annual Trends in Healthcare Payments Report for 2012
PHILADELPHIA, PA (March 26, 2013) – InstaMed, the leading Healthcare Payments Network, has announced the release of the 2012 Trends in Healthcare Payments Annual Report, its third annual report. This report features key market trends impacting the healthcare payments industry in order to promote awareness, change and greater efficiency.
The report presents quantitative and qualitative data… Read MoreInstaMed Expects Triple-Digit Growth in Wake of Healthcare Reform
PHILADELPHIA, PA and NEWPORT BEACH, CA (March 12, 2013) – InstaMed, the leading Healthcare Payments Network, announced today that it expects to experience triple-digit growth in the wake of healthcare reform. The company’s growth projections are based on its recent surge in healthcare payments volume processed and the increase in healthcare providers joining the InstaMed… Read More
Aspen Valley Hospital Increases Front Office Payments by 124 Percent with InstaMed
NEW ORLEANS, LA (March 4, 2013) – Aspen Valley Hospital has reported that it increased front office patient payments by 124 percent with InstaMed, the leading Healthcare Payments Network, and by applying patient payment best practices. These changes also allowed the hospital to reduce administrative time and costs to process payments by 65 percent and… Read More
Event: InstaMed Customers to Present at HIMSS13 SHIFT
InstaMed customers Debby Essex (Director of Admissions, Aspen Valley Hospital) and Franco Rizzolo (CEO, Suburban Orthopedic Medical Center, LLC) will present at the HIMSS13 Summit for Healthcare Information and Financial Technology (SHIFT) in New Orleans, LA, on March 5, 2013. The presentation, entitled “Accountable Care Act: The Business Side of Care,” will feature the perspectives… Read More
Case Study: Hospital Increases Front Office Payments by 124% with InstaMed
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BUSINESS DESCRIPTION
Aspen Valley Hospital is a critical access hospital in Colorado serving over 35,000 patients annually on average among the hospital and its two off-site clinical locations.
OVERVIEW OF PROBLEM
Aspen Valley Hospital was not effectively collecting many payments in the front office during patient visits, which increased the amount of administrative work… Read MoreCase Study: Hospital Reduces Costs with Patient-Friendly Statements
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“Our patient billing process has been seamless since we switched to InstaMed. InstaMed enabled us to design the statements ourselves to ensure that our patients easily understand the amount they owe and their payment options. In addition, InstaMed monitors statement delivery, so we can trust that patients are receiving… Read MoreWebinar February 12: Upcoming Mandates – Models to Deliver EFT/ERA
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The second set of ACA-mandated operating rules for Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA) transactions become effective January 1, 2014. With less than 12 months to the compliance date, it is important that HIPAA-covered entities… Read More
News and Events
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InstaMed Completes Inside Funding to Support Network Growth
May 6, 2013 -
The InstaMed Healthcare Payments Account Revolutionizes the Way Providers Get Paid
April 23, 2013 -
Case Study: Estimating Patient Responsibility to Collect More
April 9, 2013